
Photo Credit:
Joseph Stalin Carpet, Joseph Stalin Museum
by
Andrew Milligan sumo is
licensed under
Flickr
CC BY 2.0
The bill, which is still being drafted, also would increase capital gains rates to equalize them with income taxes and move to a so-called "mark-to-market system".
That would require individuals to pay taxes annually on the appreciation of their investments, real estate and business holdings.
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