Subject: Re: China fires across the bow
"The US loophole for step up value at death is, one hopes, a loophole that will be closed one day, so a reasonable person might want to plan on it." - Mungofitch
"Why would you hope that the government takes away a benefit? SMH" - rayvt
Because he is looking at through the lens of what makes logical sense for a rational tax system and you are looking at it through the lens of what makes sense for you (or an individual who is just looking to minimize taxes).