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0 pointstopaz03d ago0 comments

Right, the point of the person you replied to was about the scenario where inheritance taxes are small or non-existent - they literally said step up in basis makes sense when inheritance is taxed meaningfully.

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sokoloff2d ago

I know. I read that. I was adding the practical point about basis establishment and record-keeping; I never disputed their other points.

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sokoloff2d ago

I know. I read that. I was adding the practical point about basis establishment and record-keeping; I never disputed their other points.

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