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If you were the ruler of the world: would you continue 1014 as it stands? Exclude inheritance from gross income and give them a fair
If you were the ruler of the world:
- would you continue 1014 as it stands?
- Exclude inheritance from gross income and give them a fair market value basis?
- Exclude them from gross income, but give them a $0 basis?
- How about repealing the estate and gift taxes and making gifts and inheritances taxable and giving them a fair market value basis?
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