The Latest Breaking News from capital gains

Taxes on Wealth and on Unrealized Capital Gains Are Unconstitutional

Moore v. United States: The big tax case before SCOTUS this year.

Reason · Oct 12, 2023

Union boss piles pressure on Labour after Reeves rules out wealth tax

TUC general secretary Paul Nowak calls for national debate about ‘how we tax wealth, not work, in this country’

The Independent UK · Sep 7, 2023

Poverty in Britain is firmly linked to the country’s mountain of private wealth – Labour must address this growing inequality

Labour’s shadow chancellor, Rachel Reeves, has said that a Labour government would not raises taxes on wealth, capital gains or higher incomes. She does not, she says, see “the way to prosperity as being through taxation.”

The Conversation · Sep 5, 2023

Qualified Opportunity Zones With an Energy Boost

The energy sector, where investors can combine qualified opportunity fund perks with oil and gas direct investment tax benefits, is one of the more appealing and lesser-understood QOZ offerings available.

Kiplinger · Aug 23, 2023

Earned income taxed twice as heavily as capital gains for some in UK, study finds

Thinktank says increasing capital gains tax rates to same as employment tax would raise £10bn extra

The Guardian - UK · Aug 20, 2023

Robert F. Kennedy Jr. still boosts Bitcoin, despite alleged conflict of interest, and wants to exempt the cryptocurrency from capital gains taxes

The Democratic candidate for president’s family trust holds between $100,000 and $250,000 in the cryptocurrency.

Fortune · Jul 19, 2023

How to Optimize Taxes When You Tap Your Retirement Accounts

Strategically timing your withdrawals can limit your taxes, maximize your retirement earnings and give you a better chance of not running out of money in retirement.

Kiplinger · Jul 19, 2023

‘Vast’ growth in value of England rentals since 1990 would have built 3m council homes

Exclusive: Private rentals have grown £400bn in value – making a mockery of landlords’ demands for tax cuts, say campaigners

The Guardian - UK · Jul 18, 2023

A tax expert's tips on claiming crypto losses on tax, and how to work out capital gains

So, you’ve bought crypto. You’re not alone. Though the statistics are inexact, some surveys suggest as many as 21% of Australian adults now own crypto assets (and that a further 8% have owned them in the past).

The Conversation · Jul 9, 2023

8 States to Move to With No Capital Gains Tax

Taxes can be a blessing and a burden, especially if you're a high earner. So if you're looking to protect your cash, here are the eight states to consider.

Barchart · Jul 6, 2023