Clinton and Long-, Medium-, and Short-Term Capital Gains

clinton logoHalfway through an extensive post on Hillary Clinton’s new tax proposal, announced Friday, I managed to lose the whole thing. Which is fine, I guess, because, while giving a lot of details about her proposal, and about capital gains in general, I wasn’t writing what I find really interesting about it: the fact that it is neither radical nor conceptually new. Continue reading

Lord Grantham’s Tax Strategy

uktv-downton-abbey-episode-3-6[Spoiler alert: if you haven’t seen Season 4, Episode 2 of Downton Abbey yet, this post contains an ever-so-minor spoiler.]

Tonight’s episode of Downton Abbey confirms my suspicion that Season 4 is the tax season. (Apparently, the writers were desperate to snare the tax attorney demographic.) So why is Lord Grantham so set on selling land to pay Matthew’s death duties? We learned tonight, in Episode 2, that other tax considerations have a lot to do with it.  Continue reading