SOTU | Tax Policy Center

Adjusting the President’s Capital Gains Proposal

President Obama’s new proposal to tax capital gains at death is a welcome change that would close a huge loophole, but it suffers from a serious flaw: For some assets, it would be a record-keeping nightmare. Fortunately, there is an easy fix. The proposal is part of a broader tax plan that Obama

January 21, 2015William G. Gale

Individual Taxes: TaxVox

Retirement Security a Priority in the 2015 State of the Union

In the 2015 State of the Union Address, President Obama made retirement security a priority for his Administration by promoting the Automatic IRA , a retirement savings plan that originated at the Retirement Security Project . The proposals would increase the ability of part-time workers to join

January 21, 2015William G. Gale David C. John

Individual Taxes: TaxVox

President Obama Targets the "Angel of Death" Capital Gains Tax Loophole

The President plans to announce in Tuesday’s State of the Union Address new proposals that would raise taxes on capital gains for the wealthiest Americans. The proposal would raise the top tax rate on long-term gains and qualifying dividends to 28-percent (including the Affordable Care Act’s 3.8

January 18, 2015Leonard E. Burman