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Indexing capital gains taxes a good idea, but…

August 12, 2018 by Richard Schulman 1 Comment

Congressman Devin Nunes has introduced House Bill HR 6444 to provide inflation indexing for capital gains

Support is growing among Republicans in Washington to shield capital gains from the ravages of inflation. President Trump’s economic adviser Larry Kudlow has written in support of the idea. So do Grover Norquist (President of Americans for Tax Reform), Senator Ted Cruz, and House Ways and Means chairman  Kevin Brady. Rep. Devin Nunes of California […]

Filed Under: Taxation  Tagged: Alan Blinder, double taxation of dividends, Hall-Rabushka, inflation indexing

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