Showing posts with label estate tax tax reform. Show all posts
Showing posts with label estate tax tax reform. Show all posts

Tuesday, September 08, 2015

JEB's tax plan: 1987 Redux

In a WSJ op-ed Jeb Bush proposes dropping income tax rates back to 1987 levels. He implies that he would also make hedgies treat their carried interest (their share of the fund's gains) as regular income. And, yes, Jeb would end the taxation of private wealth transfers. No death tax.

How much influence will Jeb's ideas have on the tax reform effort expected in 2017?