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Taxes
Wall Street Journal editorial, A 69% Capital Gains Tax Hike . . . Pelosi's 5.4% Income Surtax Would Hit Capital Gains and Dividends: House Democrats are funding their new entitlement with a 5.4% surtax on incomes above $500,000 for individuals and abov...
The Coming 69% Capital Gains Tax Increase May Be Even Higher
23rd December 2009Wall Street Journal editorial, A 69% Capital Gains Tax Hike . . . Pelosi's 5.4% Income Surtax Would Hit Capital Gains and Dividends: House Democrats are funding their new entitlement with a 5.4% surtax on incomes above $500,000 for individuals and abov...
Taxes
One of the least-understood tax rules is the federal gift tax. Gift taxes are paid by the grantor, not the recipient. But taxes are seldom owed, even on substantial gifts, because everyone gets a credit that exempts up to $1 million of taxable gifts over...
Tax Tip on The Gift Tax: Use It or Lose It
16th December 2009One of the least-understood tax rules is the federal gift tax. Gift taxes are paid by the grantor, not the recipient. But taxes are seldom owed, even on substantial gifts, because everyone gets a credit that exempts up to $1 million of taxable gifts over...