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The former Treasury secretary, whose new book is “The Yellow Pad,” says that Ken Auletta’s “The Underclass” convinced him that “trying to break the cycle of poverty through policy and through private efforts is not just right for moral reasons, but is enormously in the interest of all.”
Prior to 1969, an individual could exclude from his taxable income half his net long-term capital gains and the remaining half would be taxed at the regular rate.
And Biden makes a promise on abortion legislation.
The man who lives in the white house made an announcement the other day that might stand as a turning point in American politics.