Here’s why this could be revolutionary: Most gains are never realized, or, are realized in ways that qualify for exemptions or preferential treatment (including home sale exclusions, tax-advantaged accounts, and stepped‑up basis at death), meaning the effective tax rates are far below statutory rates, if they ever make it to the government at all.
Rail passengers planning to travel over the Easter break face disrupted journeys owing to a six-day shutdown on Britain’s biggest intercity line.
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