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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: ptheland   😊 😞
Number: of 15062 
Subject: Re: The biggest cult
Date: 08/21/2024 3:14 PM
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There should be a stepped-up basis, and taxes should be owed on the difference between the old and the new basis. THAT is probably the most fair way to get some taxes from that accumulated wealth.

We already do that in a way. It's called the estate tax.

--Peter
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