The widening gap between what the government spends and what it earns comes as Congress continues to spar over the proper levels of federal spending.
Tag: Capital Gains Tax
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The Federal Deficit Is Growing. This Is Why.
Tax receipts dipped unexpectedly last year. The Biden administration blames Republican tax cuts, but the truth is more complicated.
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A Giacometti for a Cezanne: Jeffrey Epstein’s Role in a Pricey Art Deal
Mr. Epstein helped the billionaire Leon Black defer capital gains taxes from the swap. A Senate committee is scrutinizing some of Mr. Black’s art deals as it looks into tax avoidance schemes.
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Private Equity Is Gutting America — and Getting Away With It
Private equity firms make loads of money when their schemes succeed and lose very little when they fail.
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Saving for a Down Payment and Retirement: What to Know
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.