Wealthy individuals can combine the step-up in basis rule with like-kind exchange rules to avoid incurring taxable capital gains.

Authors

• Person: Not available Organization: Center for American Progress
  How the Government Subsidizes Wealth Inequality

Sources

• How the Government Subsidizes Wealth Inequality www.americanprogress.org Center for American Progress via serper

Referenced by nodes (2)

• step-up in basis concept
• capital gains concept