As part of his new tax plan, the president has proposed ending the “step-up” in tax basis for inherited assets, and, furthermore, requiring the capital gains tax to be paid at death rather than when an heir later sells...
- Impact of the Alternative Minimum Tax (AMT) by County, 2005
Impact of the Alternative Minimum Tax (AMT) by County, 2005
September 24, 2007
Introduction Washington is in a dither over the fiscal cliff. The cliff consists of roughly $500 billion in tax increases that will occur on January 1, 2013 as the Bush-era tax rates expire, along with almost $100 billion in automatic cuts in...
Update: For a description of the tax deal passed by the Senate on January 1, 2013, see here. Introduction On December 31, 2012, a large swath of the federal income tax code is scheduled to expire, an event which has come to be known as...
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