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Biden Admin Wants to Add a New Tax, the ‘Double Death Tax’
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One thing a Democrat always seems to do is that they never saw a Tax on Americans they didn't like.......
Biden Admin Wants to Add a New Tax That Would Apply to Tens of Millions of Americans, the ‘Double Death Tax’ The Biden White House has bad news for Americans hoping to avoid high taxes — the “Double Death Tax.” The National Review reports this essentially amounts to “a second estate tax.” https://www.analyzingamerica.org/2021/08...YbeDfQyu14 ![]() We show less advertisements to registered users. Accounts are free; join today!
One of the biggest problems with such a tax is that heirs would have to try to figure out what dear old dad paid for all those various assets many years ago. What a nightmare.
Unrealized capital gains on assets that aren't sold is an absolute nightmare.
Good thing this will never actually happen, but does confirm how black the souls of the democratic party are.
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