Step-up in basis has come under assault recently as part of the “war on the wealthy” and not just from the folks you think. Yes President Barack Obama and his
States aren’t having to rely on income tax increases, with other revenue options around. States have more revenue to spend in 2020, and that’s not because they’re raising income taxes.
Michael Bloomberg Bloomberg is rich, aloof and imperious — is this really what Dems want for president? The curious campaign of Michael Bloomberg raises a question: Can a billionaire buy
WEEKLY UPDATE This might sound strange, but I’ve always been fascinated by tax policy. Besides the need for general operating money, the tax code serves as a mechanism to encourage