He has sent abill to Congress that would allow the saleof majority stakes in state companies, and wants private investors to build a long-needed new oil pipeline, which might allow oil output to double.
So, the tax bill's writers added a provision saying any profit from the saleofa hedge fund, a private-equity firm or other investment partnership would be taxed at the higher rates that apply to ordinary income.
Connecticut would require universal criminal background checks for the saleof all guns as soon as the bill passes, closing a loophole in private sales of rifles and shotguns.
That would help keep the tax bill lower, because proceeds raised from the saleof loan notes would be taxed at a lower rate than those raised from shares.
One of us could face a large tax bill on the death of the other which combined with the discriminatory pension arrangements could result in the saleof our home.