Showing posts with label Seeking Alpha. Show all posts
Showing posts with label Seeking Alpha. Show all posts

Saturday, February 7, 2015

And it's not good news

February 07, 2015 Capital Gains Tax Reform , Seeking Alpha 0 Comments
What U.S. Capital Gains Tax Reform Means For Investors

By Seeking Alpha, Feb. 6, 2015

President Obama has put forth a new proposal to eliminate the “step-up” basis on inherited assets and subject more of their capital gains to taxation. What does this proposal mean for everyday investors and the economy at large?

When Donald Sterling, the embattled owner of the Los Angeles Clippers, wasforced to sell his National Basketball Association franchise in the wake of racist comments, many wondered how this could be considered “punishment.” After all, the final sale price of the franchise came in at almost $2 billion, a significant mark-up from the original $12.5 million he paid for the team in 1981. Nevertheless, Sterling bitterly fought the league’s efforts to force the sale, and his opposition stemmed not just from reasons of personal pride.

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Monday, April 21, 2014

Keystone Decision Delayed Again--Likely Until After Nov Elections --Jobs? Less reliance on bad countries? Nope.

April 21, 2014 Keystone XL Pipeline , Presidential Election 2016 0 Comments
By Seeking Alpha, Apr. 19, 2014

The Obama administration is indefinitely extending its review of the Keystone XL pipeline (TRP), probably delaying a decision on the project until after November's U.S. midterm elections.

The State Department - which has had the project under review for nearly six years - says it needs more time to prepare its recommendation to Pres. Obama because of ongoing litigation in Nebraska that is unlikely to be resolved before next year; the department was set to close a review process with eight other federal agencies on May 7.

Pipeline supporters are criticizing the delay as a political ploy, but the move looks likely to keep environmental activist money flowing into the election races; billionaire Tom Steyer, who has pledged to spend $100M to support candidates who back strong policies to fight climate change, is praising the delay as "good news."

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