Subject: Re: Romney Visited By 3 Ghosts?
...held it until his death, and if it were then worth $500 billion, he would never pay the 24% federal capital gains tax on the $499 billion profit. ... Because under the tax code, capital gains are not taxed at death.

I thought there was still some max estate value above which capital gains ARE taxed Federally at death?

And of course, states have their own limits, like, for instance, NY.