Originally Posted by
jp1
And honestly, there are all sorts of things in life that just aren't fair. Thinking more about my father, he retired in 1992 with approximately $200,000 in assets invested in the stock market. He never touched those assets again for the rest of his life. He died 25 years later and they were valued at roughly $700,000. Thanks to the US tax code my sister and I paid $0 tax on that capital gain. Multiply that out over the top 0.1%'s various death capital gains resets and now you might start to figure out who you need to be angry at. And it ain't Ultralight.