Every year, marine business owners should take inventory of their companies to ensure that their tax planning is up to date. Multiple tax-law changes will affect the filing of 2022 tax returns.
By Susan Jones | April 27, 2021 | 7:35am EDT
Rep. Kevin Brady (R-Texas) (Photo by SAUL LOEB/AFP via Getty Images)
(CNSNews.com) - Rep. Kevin Brady (R-Texas), the ranking member of the House Ways and Means Committee, says the Biden administration s plan to raise the capital gain tax rate will punish the economy, businesses and blue-collar workers: This is another major economic blunder by President Biden, Brady told Fox News s Maria Bartiromo on Monday:
Look, if you after the (GOP) Tax Cuts Jobs Act, investment surged in America. And as a result, it was blue collar workers, it was local communities that benefited. When you double that tax, you have the opposite effect.