Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

(13,992 posts)

10. If you sell the land, you have a capital gain

Tue Apr 8, 2014, 01:33 PM

Apr 2014

The only way to avoid never paying taxes on the land would be to never sell it. A million acres would make for a pretty large burial plot.

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

13 replies

= new reply since forum marked as read

Highlight:

A Modest Proposal [View all] Jeff In Milwaukee Apr 2014 OP

I think your theory is off ..... oldhippie Apr 2014 #1

Good point... Jeff In Milwaukee Apr 2014 #3

And governments have been trying to close that loophole .... oldhippie Apr 2014 #4

Their is the living will route already Boom Sound 416 Apr 2014 #2

Don't quote me on this... Jeff In Milwaukee Apr 2014 #9

Wealth is not income cthulu2016 Apr 2014 #6

If you sell the land, you have a capital gain Jeff In Milwaukee Apr 2014 #10

I won't support allowing them to keep the money they have stolen. rrneck Apr 2014 #7

I'd prefer a flat income tax system if we can get a 100% estate tax. bemildred Apr 2014 #8

My logic here (if you want to call it that) Jeff In Milwaukee Apr 2014 #12

+1. If they can't take the money and run, then they won't. nt bemildred Apr 2014 #13