4 ms·
But we don't have to do anything, because any given year we have a cohort of people hitting the time to realize profits. So while it might be a feel good law,
by Workaccount2 11mo ago
But we don't have to do anything, because any given year we have a cohort of people hitting the time to realize profits.
So while it might be a feel good law, all it's doing is mixing around which cohort is paying up that year.
I agree that the step-up basis is pretty broken though.