Tax Watch
I just heard on NPR a program covering the different tax plans under the Obama and McCain Plans.
While, there is no "politics" here, it is approprate to keep a close eye on how these elections may impact our tax strategies.
One fact jumped out of the program and hit me in the eyes.
Obama's representative mentioned that he has a plan to "ease" the burden on small businesses. One aspect of this is to eliminate capital gains on small businesses that grow, increase in value, then sell for a profit.
WOW!!
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