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Hi Nayeli Argumentative Essay

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Hi Nayeli! I can understand your point-of-view in regards to the beneficiary basis when a decedent inherits a property asset. In my opinion, however, I believe that this law should not be repealed as it benefits not only wealthy families, but all families or taxpayers. If the ratio is held constant and all other factors are equal, then it does benefit wealthy families more. In your example, property is sold for $105,000, but basis before the sale is $75,000. Thus, the decedent makes $30,000 on the property. For example, for the wealthy families, another zero could be added in the end, meaning property is sold for $1,050,000; basis before the sale is $750,000; the decedent makes $300,000. However, there are many other factors that may affect

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