Vambo Posted January 4, 2021 Report Share Posted January 4, 2021 https://www.politifact.com/factchecks/2020/oct/29/facebook-posts/yes-biden-seeks-eliminate-policy-reduces-inheritan/ Current Policy Inherited House at Current Value - $200,000 Sells for $205,000 Taxable income = $5000 Taxes Due - 20% of $5000 = $1000 Profit to you = $204,000 Biden Policy Inherited House at original purchase price - $40,000 Sells for $205,000 Taxable income = $165,000 Taxes Due - 20% of $165,000 = $33,000 Profit to you = $172,000 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted January 4, 2021 Report Share Posted January 4, 2021 of course. They must have big money to give to china and the losers on the left who want a free ride, especially all the "new voters" who don't speak English, but will be taught to vote for "D" every time. Quote Link to comment Share on other sites More sharing options...
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