4 ms·
It's obviously a nuanced discussion, but it's certainly a personal windfall to inherit land. It's hard to call it unfair, that's just life, but comparing one pe
by ehnto 4y ago
It's obviously a nuanced discussion, but it's certainly a personal windfall to inherit land. It's hard to call it unfair, that's just life, but comparing one person who inherited land to someone who did not, it's clear who has the luckiest version of that scenario.
- voisin 4y agoAs long as there is sufficiently high property taxes that owners of land are forced to put it to societally useful purpose in order to pay the tax, I don’t see an issue with land inheritances. I don’t agree with “deemed disposition” tax rules that act as if the land was “sold” to the inheritor, triggering massive capital gains taxes.