Stepped up Basis Explained

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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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.

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Border Residents Don’t Want the Wall

The US-Mexico border runs through four states: Arizona; California; New Mexico; and Texas. There are nine Congressional districts on the border. In April of 2017, the Wall Street Journal polled all 17 members of Congress representing border districts and states and couldn’t find a single person who supported Trump’s wall. At the time, Trump was requesting 1.4 billion dollars to begin constructing the wall and no member of Congress representing people living on the border wanted to pay. Now, Trump wants 5.7 billion dollars for the wall and has shut down part of the government to try and get his way.

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