
MyAlteredEgo
@MyAlteredEgo · Nov 15, 2021
Eh, the real cause is the basis step-up at death. I can't see any reason this whole loophole should exist -- hold appreciated stock, borrow against it, die with your heirs paying no tax on the appreciation.
Of course that only works well when rates are really low, like now.
Elon Musk
@elonmusk
That loophole does seem questionable
05:54 PM · November 15, 2021 · 0 views
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