Post #24688 by hclasvegas on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (32)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

"IF property appreciates over time higher tax receipts will be realized."

al, to clarify this point. when Buffett passes the value of his brk holdings might be 150 billion or more. IF the tax was due upon his passing, the estate would have to sell 30 billion brk or more to pay the tax. That would be very disruptive to markets. On the other hand, a charity might receive 1 million of a crypto coin or a painting. What happens if prior to liquidation the coin goes no bid, or the painting is discovered to be a fraud? It gets very complicated.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (32)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.