General Discussion

TexasBushwhacker

(21,140 posts)

13. Of course, and I have no problem with a spouse

Thu Feb 19, 2026, 11:53 PM

15 hrs ago

benefitting from a stepped up basis because they are legally a partner in the business. Maybe not 50/50, but a marriage is a financial partnership as much as a romantic one.

I wouldn't even have an issue with a certain amount being allowed to be stepped up, but all of it? No fucking way. The United States should not be in the business of supporting dynasties. We all do better when we ALL do better.

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We Need to Talk About Rich People [View all] Haggard Celine 16 hrs ago OP

I've had the same thought. Nobody needs millions or billions of dollars in cash or properties to live a good life... wcmagumba 15 hrs ago #1

I agree. Haggard Celine 15 hrs ago #2

And get rid of stepped up basis TexasBushwhacker 15 hrs ago #6

They have it figured out, don't they? Haggard Celine 15 hrs ago #10

And all that hoarding of capital TexasBushwhacker 15 hrs ago #11

I think they're trying to fix the economy so that it runs on Haggard Celine 15 hrs ago #15

But that's not sustainable TexasBushwhacker 15 hrs ago #16

Texas, you have an answer for me regarding how much stepped up basis you're willing to exclude? PeaceWave 14 hrs ago #18

I think that's what we should shoot for. Haggard Celine 14 hrs ago #19

That's what I wonder about too. AZJonnie 11 hrs ago #35

I often wonder how many of the common people do not understand this- no wonder the rich don't want Stargazer99 9 hrs ago #37

ALL stepped up basis? Throwing the baby out with the bath water, isn't it? PeaceWave 15 hrs ago #12

Of course, and I have no problem with a spouse TexasBushwhacker 15 hrs ago #13

Okay, so you've already made an exception for a spouse. What about for children? And, how much? PeaceWave 15 hrs ago #14

Not only that, markodochartaigh 13 hrs ago #29

Definitely a rigged system TexasBushwhacker 4 hrs ago #44

Let them earn (or steal) as much money as they want but Marie Marie 15 hrs ago #3

I think that's fair. Haggard Celine 15 hrs ago #5

Makes me sick! CountAllVotes 15 hrs ago #4

They think it all should be theirs. Haggard Celine 15 hrs ago #8

Line em up VanceFan 15 hrs ago #7

A health care system would be a nice start. Haggard Celine 15 hrs ago #9

Immigrants Aren't Stealing Your Jobs Mr.Bee 14 hrs ago #17

He said he was going after criminals and Haggard Celine 14 hrs ago #22

ICE is hiring the criminals. Thus the need for masks. travelingthrulife 4 hrs ago #45

And it isn't capitalism Figarosmom 14 hrs ago #20

OP, I notice that you didn't define either "wealthy" or "rich." How do we know who to go after? PeaceWave 14 hrs ago #21

Just like everything else, the government would have to decide Haggard Celine 14 hrs ago #23

Eventually though, these kinds of suggestions must narrow down to a specific number... PeaceWave 14 hrs ago #24

Well, any number is going to be Haggard Celine 14 hrs ago #27

Without actual numbers regarding the taxation of wealth, the discussion collapses into vaguery... PeaceWave 13 hrs ago #28

I don't know all the laws about Haggard Celine 13 hrs ago #31

Found this book at the thriftstore Puppyjive 14 hrs ago #25

Reagan broke the guardrails that prevented this. I don't think live love laugh 14 hrs ago #26

On limiting how much people can accumulate canetoad 13 hrs ago #30

I just want to take a lot of the power Haggard Celine 13 hrs ago #32

Elon Musk canetoad 13 hrs ago #33

Well said! Haggard Celine 12 hrs ago #34

The most doable thing with the best bang for buck is to invalidate Citizens United and force public funding of elections AZJonnie 11 hrs ago #36

It all goes back to that. And that goes back to the complete corruption of the Supreme Court under Roberts. Scrivener7 7 hrs ago #39

I was just thinking this morning that we didn't use to be so dependent on giant privately owned corporations. Scrivener7 7 hrs ago #38

Well said. Haggard Celine 6 hrs ago #41

You want them taken down a notch? OldBaldy1701E 6 hrs ago #40

Yes! AND stop giving them your money! I don't get why people won't do this. Scrivener7 6 hrs ago #42

Programming, my friend... programming. OldBaldy1701E 6 hrs ago #43

Message auto-removed Name removed 4 hrs ago #46

bye bye KS Toronado 4 hrs ago #47

And? BannonsLiver 4 hrs ago #48

Well, perhaps we can narrow the scope to wealth inequality TBF 4 hrs ago #49

It is immoral to have folks starving in the streets TBF 4 hrs ago #50