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by mindslight
661 days ago
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shrug that's just the way it was explained to me and it seems plausible. Long term capital gains is 15 or 20 percent, whereas the estate tax rate basically starts there and goes up to double. If someone never realizes their gains, then perhaps it makes sense to not be taxed on them. The loophole here is living people realizing their gains, but doing so using loans so they can avoid paying taxes on them. |
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