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...
- Fergus Cullen of the Yankee Institute for Public Policy: ...
Fergus Cullen of the Yankee Institute for Public Policy: Connecticut Budget
After a several-month budget standoff between the Connecticut legislature and Governor Jodi Rell, the state budget became law two months after the new fiscal year began - without the governor's signature. In this week's Tax Policy Podcast, Fergus Cullen, Executive Director of the Yankee Institute for Public Policy in Connecticut, discusses the some of the new provisions.
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