On the recordSeptember 27, 2021
I do support eliminating stepped-up basis. The reason is that a very large share of the income of wealthy individuals is simply never taxed.
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congress.govI do support eliminating stepped-up basis. The reason is that a very large share of the income of wealthy individuals is simply never taxed.
Yellen supports eliminating stepped-up basis to tax unrealized capital gains of wealthy individuals.
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