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taxfoundation.org
| | humbledollar.com
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| | 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,
| | www.pgpf.org
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| | For the first few years after TCJA's enactment, revenues from corporate taxes dropped sharply, but they returned to pre-TCJA levels starting in 2021.
| | conversableeconomist.com
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| | 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.defenseone.com
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| A sweeping executive order to be signed Monday will push agencies to boost funding, improve training, and propose regulations for AI-related efforts.