Key Findings The Trump administration and Republican lawmakers are exploring proposals to index capital gains to inflation. Under a proposal to index capital gains, a portion of gains would be exempt from taxation. According to the Tax Foundation General Equilibrium Model, indexing capital gains to inflation would increase the long-run size of the economy by
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Credit: BRENDAN SMIALOWSKI/AFP/Getty Images President Trump last week issued an executive order aimed at increasing retirement security for Americans, telling an audience in North Carolina that “we believe all Americans should be able to retire with the confidence, dignity and economic security that you want.” And financial firms such as BlackRock and Prudential offered general
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The clock continues to tick down for taxpayers hoping to take advantage of the Offshore Voluntary Disclosure Program (OVDP). The Internal Revenue Service (IRS) will close the program on September 28: that gives taxpayers just a few more weeks to apply. Getty The IRS launched the OVDP in 2009 to encourage compliance with foreign asset
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WPP has tapped Mark Read, its co-chief operating officer, to be the advertising giant’s next CEO, a person familiar with the matter told the Wall Street Journal on Sunday. Read is the former chief of Wunderman, one of WPP’s largest agencies. He helped consolidate Wunderman’s global services during his time there, a factor that may
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Summer is over and its back to work and school. Odds are you, as an American, got less paid vacation than if you lived in any other economically developed country. Beautiful Pinneys Beach on the island of Nevis – Caribbean Getty Images, Royalty free In the USA, there is no legal requirement that employers offer
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Credit: Getty Royalty Free Families seek out financial advisors for a variety of reasons. Some have worked with advisors for years and aren’t satisfied with the relationship. Some have recently experienced a windfall and have a large amount of cash that is just sitting, doing nothing. Many who have never had a financial advisor before
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An interview with billionaire and head of real estate at Blackstone, Jonathan Gray. In this interview, Jonathan discusses where he sees opportunity for real estate investment and explains his most successful deals. Jonathan also talks about China and philanthropy. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Real Estate Investor
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President Trump is looking for ways to make it easier for Americans to save and spend in retirement. Specifically, an executive order the President is expected to sign Friday will seek a review of how required minimum distributions from 401(k) plans and individual retirement accounts are calculated, and for regulators to see how small businesses
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