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Taxing assets upon death. Democrats also want to change how assets are taxed when passed onto heirs. Under current tax law, the capital gain of inherited assets is calculated based on the value of ...
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed ...
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WASHINGTON — President Joe Biden is gearing up to raise taxes on wealthy people in the U.S. if he’s re-elected this fall, picking a fight with Republican rival Donald Trump, who is promising ...
Virginia: Senate Yes 214.1 4 Greg Gianforte: Republican Montana: House: No 189.3 5 Paul Mitchell: Republican Michigan: House No 179.6 6 Mitt Romney: Republican Utah: Senate Yes 174.5 7 Vernon Buchanan: Republican Florida House Yes 157.2 8 Mike Braun: Republican Indiana: Senate Yes 136.8 9 Don Beyer: Democratic Virginia House Yes 124.9 10 Dean ...
Signed into law by President Joe Biden in 2022, the IRA (not to be confused with the tax-free retirement account freed up funding for tax officials to track individuals with more than $1 million ...
Son-in-law of Lowry Mays, founder of Clear Channel Communications: Rick Scott: Republican: Governor of Florida (2011–2019) U.S. Senator from Florida (2019–incumbent) $255 million [45] Founder of Columbia Hospital Corporation: Mark Warner: Democratic: Chair of the Virginia Democratic Party (1993–1995) Candidate for U.S. Senator from ...