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So the bill wipes out the estate tax (after 2024) while leaving the step up in basis. That's in a the unchanged paragraph (1) of Section 1014(b) of the Internal Revenue Code Section 1014(b)(1). That paragraph that provides a step up on "Property acquired by bequest, devise, or inheritance, or by the decedent’s estate from the decedent"(a) In general.—Except as provided in subsection (b), this chapter [11, that taxes estates] shall not apply to the estates of decedents dying after December 31, 2024 ...
[and] Section 1014(b) is amended— [in paragraphs (6), (9), and (10) only]
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I agree on both points. YTD Is fun to watch. I suppose we all do it. But unless you’re trying to grab a fast profit on a hot fund it’s quite meaningless.@Ted ... You do a great job of finding interesting articles!
... As for judging mutual funds, YTD is a bit arbitrary and too short IMO ...
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