Quote:
Originally posted by sebastian_dangerfield
Why wouldn't that go thru congress? Indulge me here. I'm baffled as to why repeal wouldn't pass without eliminating the basis step up.
What would happen if we just eliminated the estate tax. No caveats, no extra provisions - just a repeal.
Who does the step up elimination placate? Is it a way to create tax revenue to make up for that lost as a result of the repeal?
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It placates me for one. I can't believe you're even suggesting that there is even one iota of equity in imposing a full tax burden of wage-earners while giving those fortunate enough to inherit wealth a free ride.
I'm baffled that you can't grasp this.
