So-called stepped up basis is a term most people have never heard of and even fewer understand; however, stepped up basis, as you will see, is a critical component in creating our unfair tax code.
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Month: February 2019
National Emergencies Explained
Now that Trump has declared a national emergency at the border with Mexico, I thought we should discuss national emergencies. I will briefly describe the National Emergencies Act and its key provisions.
Discussing Baseball’s Potential Rules Changes
I have been a baseball fan since the 1983 season. Although I really like basketball, hockey, football, and the olympics, baseball has always been my favorite sport. So, the rumored rules changes got my attention.
Reviewing the Mephisto Club
Tess Gerritsen’s The Mephisto Club is the fifth book in her Rizzoli & Isles series. While the Mephisto Club isn’t the best book in the series, it was an enjoyable read. I really like Jane Rizzoli and Maura Isles as characters. The twists and turns in The Mephisto Club were exciting enough to keep me interested and guessing.
People Relying on Social Security Shouldn’t be Living in Poverty
Previously, I have written about my own experience relying on federal benefits to survive. As someone who has needed benefits and is lucky enough to no longer need them, I want to discuss how bad benefits are for those needing them the most.
That statement doesn’t mean I’m ungrateful for the help I received; rather, it’s a truth about the challenges I had to overcome. Without the benefits I got, my situation would have been much worse. But my situation isn’t the same as everyone else’s. Some people will need benefits for their entire lives. Others don’t have access to the support I did when I was in such need. In the richest country ever–no one needing assistance should be living far below the poverty level.
Reviewing Nineteen Minutes
Jodi Picoult’s Nineteen Minutes is an emotional, educational thriller. In addressing the tragedy of mass shootings at school, Picoult does a great job illustrating the experiences of many sides of the tragedy, while showing how each major player got to where they were when it happened. The way she goes between the present, the day of, and the past, tells a vivid, complex story.
Capital Gains Taxes Explained
It has been a long time since I’ve written a nerdy post. So, I needed to exercise that need.
Capital Gains taxes aren’t a sexy topic by any means; however, understanding a little about capital gains taxes will help you understand how rigged the system is in favor of wealthy. It’s things, like capitals gains taxes, that have caused me to be as progressive as I have become.