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If the issue is that people are dying leaving behind significant wealth but not documenting this, just make the estate tax 100% on any assets missing documentat
by saghm 2y ago
If the issue is that people are dying leaving behind significant wealth but not documenting this, just make the estate tax 100% on any assets missing documentation like this. I'm sure the lawyers would figure out the rest.
- eli 2y agoThat's effectively already the rule if you sell something and can't figure out the cost basis - it counts as zero.