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| | | | | humbledollar.com | |
| | | | | KEY PROVISIONS IN 2017's Tax Cuts and Jobs Act (TCJA) will expire in 2026 unless Congress steps in. That means folks have a two-year window to prepare. What's at stake? Income-tax rates will increase for many taxpayers. This creates an incentive to boost income over the next few years by, say, undertaking Roth conversions to shrink traditional retirement accounts and thereby lowering future required minimum distributions. The sunsetting of key TCJA provisions would also cut the threshold for federal estate taxes in half, | |
| | | | | taxfoundation.org | |
| | | | | The "Big Beautiful Bill" changes pass-through business taxes, including the 199a deduction (QBI deduction) and the SALT deduction cap. | |
| | | | | conversableeconomist.com | |
| | | | | A wealth tax is what it sounds like: a tax imposed not on income, but on wealth. The standard economic definition of wealth includes both nonfinancial assets like real estate and financial assets like stocks and bonds. Thus, a wealth tax doesn\'t care if the value of someone\'s wealth went up or down in the | |
| | | | | www.veletsianos.com | |
| | | Dr. George Veletsianos is Professor of Learning Technologies at the College of Education and Human Development at the University of Minnesota-Twin Cities. He holds the Bonnie Westby Huebner Chair in Education and Technology. | ||