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Search: Posts Made By: FlyingScot
Forum: General Discussion 04-07-2021, 10:28 AM
Replies: 24
Views: 3,425
Posted By FlyingScot
No--this is the exact opposite of what the global...

No--this is the exact opposite of what the global minimum tax would do. Today US multinationals use accounting tricks to shift profits to places such as Ireland where there is a lower tax rate. In...
Forum: General Discussion 04-06-2021, 07:24 PM
Replies: 24
Views: 3,425
Posted By FlyingScot
There's a bunch of great stuff in there that I...

There's a bunch of great stuff in there that I would be glad to pay for, and some I'd probably skip, but as you said, that's always the way it is. But just on the "kill the economy" issue--if...
Forum: General Discussion 04-06-2021, 06:10 PM
Replies: 24
Views: 3,425
Posted By FlyingScot
I would also be bummed if cap gains went up...

I would also be bummed if cap gains went up sharply, at least on a personal basis, and I agree increasing taxes in a vacuum slows the economy. But if we increase taxes in order to pay for roads,...
Forum: General Discussion 04-05-2021, 05:42 PM
Replies: 24
Views: 3,425
Posted By FlyingScot
I am not an attorney or tax expert, and I agree...

I am not an attorney or tax expert, and I agree with the others who advise that you should get both. But with that caveat--there should be no capital gains taxes in a trust unless the trust sells...
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