31. Along with the rest of the tax bill, the provision has passed the House. 32. Although tax bills normally originate in the House Ways and Means Committee, Tefra was not a normal bill. 33. Also, index funds tend to hold stocks for longer periods than other funds, leading to fewer realized capital gains and therefore smaller tax bills for long-term investors. 34. Although extensions buy you more time to complete your returns, you still have to pay your tax bill by tomorrow. 35. Although Gramm ultimately voted Friday against the overall tax bill that included the landmark Medicare changes, he has established himself as the leading Republican on the issue. 36. Although the issue makes a good campaign platform, Republicans have scheduled a very short congressional session that makes actual passage of a big tax bill highly unlikely. 37. An unmarried Bay Area couple was not only happy to be living together in sin, they were also cutting their tax bill. 38. And a new tax provision due to take effect next year frees them to sell off cross-holdings without facing immense capital-gains tax bills. 39. An effort to do so failed yesterday, in part because lawmakers wanted to finish work on the tax bill and begin their month-long August recess. 40. An hour later, I walked out with a huge tax bill and a semi-decent column. |