Tax Guru-Ker$tetter Letter
Monday, May 21, 2007
DEMS' BIG TAX LIE – Not extending the soon to expire Bush tax cuts is exactly the same as enacting a humongous tax increase.
Capital Gains Taxes Aren't for the 'Kiddies' – Interesting look at shifting tax burden to kids, who are probably in a lower tax bracket than the parents. Also includes a reminder of the one year zero capital gains tax rate for small profits in 2008, a topic that has been coming up quite often in my discussions with clients contemplating sales of properties.