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Advisers express relief at tax increases proposed in budget bill

Advisers express relief at tax increases proposed in budget bill
investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.

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Advisers want Congress to restore the SALT deduction

Advisers want Congress to restore the SALT deduction
investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.

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Bid to protect farms from capital gains signals Dem resistance to tax hikes

Bid to protect farms from capital gains signals Democratic resistance to some tax hikes
President Biden likely will need to keep all Democrats on board to get his spending and related tax proposals through Congress.
May 11, 2021
3
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A group of House Democrats last week warned that changing the capital gains tax could hurt family farms in their districts, a sign of resistance from within President Joe Biden’s party that could grow as Congress wrestles with tax proposals to pay for his infrastructure and social spending packages.
In a letter to House Speaker Nancy Pelosi, D-Calif., and other House leaders, 13 Democratic lawmakers expressed concern about a proposal that would end stepped-up basis and tax capital gains of more than $1 million on inherited assets. ....

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