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Category: tax planning

What Hillary Won

This weekend, in an understandable bit of schadenfreude, a front page article in the  Wall Street Journal noted, “Republican America is now so vast that a traveler could drive 3,600 miles across the continent, from Key West, Fla., to the Canadian border crossing at Porthill, Idaho, without ever leaving a state…

A Modest Proposal to Encourage Savings and Investment

—without exacerbating income inequality. [see this post for context] Low capital gains tax rates might be a good thing for promoting investment and economic growth.  But as currently structured, the break on capital gains enormously benefits millionaires and billionaires, without bringing much benefit to the middle class. The goal should be…