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
I'll support stepped up basis when cap gains are computed on real value increases and are not computed on nominal gains which are often purely due to inflation.
Until then, I am literally dying to avoid being taxed on an asset which is actually not worth much more than it was bought for.