re: #153 Lord Of The Pies
So I was looking through my Twitter timeline of the past 24 hours and I found some mention from an idiot who claims inheritance can’t be taxed because it was once somebody’s “earned income” and therefore “already taxed”
I just can’t even.
No I’m not embedding it because I already blocked that dumbshit.
Your idiot is actually *WRONG*WRONG*WRONG*.
Some 70% of what would be the taxable part of the estate is unrealized capital gains. It hasn’t been taxed yet.