capital gains tax

John Stossel

Opinion: Tax Freedom in Puerto Rico – John Stossel

Want to pay no federal income tax? Move to Puerto Rico. Really. If you move to the island, you can legally pay none. There’s also no capital gains tax. You just have to give 4% of your income to Puerto Rico. The tax break was started by a Puerto Rican politician who’d watched years of

U.S. Domestic spending plan

Billionaire tax takes shape as Biden pushes for budget deal

Democrats are working frantically to shore up the revenue side of President Joe Biden’s domestic package, poised to unveil a new billionaires’ tax to help pay for his social services and climate change plan after earlier tax plans fizzled. Biden said Monday he’s hopeful the talks with Congress can wrap up overall agreement on the

Opinion

Opinion: Joe Biden is Jimmy Carter 2.0

Many expected Joe Biden’s Presidency to be the third term of Barack Obama. Certainly, Biden has peppered his administration with veterans of the Obama years. But on policy, the Biden administration looks increasingly like a replay of the four years of the Jimmy Carter presidency. A combination of “Groundhog Day” and a Seinfeld episode with