#obbba

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#qsbs #startup-taxation #capital-gains-exclusion #uninsured-care #hospital-overcrowding
US politics
fromFortune
1 week ago

The OBBBA has a significant tax change for founders tucked away inside, lifting the cap to $75 million with many opportunities to turbo-charge business | Fortune

OBBBA expands QSBS: raises per-issuer exclusion to $15M, adds partial exclusions from year three, and raises gross asset cap to $75M.
Public health
fromwww.npr.org
2 months ago

On Texas border, uninsured people stress the health system. It's set to get worse

Cuts from the new tax-and-spending law and expiring ACA subsidies will reduce insurance coverage and strain hospitals and providers serving high-uninsured communities.
fromFortune
3 months ago

This 'economic sugar high' won't last, CRFB warns, touting analysis predicting long-term stagnation and $600 billion of annual borrowing through 2028

According to the detailed assessment from the nonpartisan budget watchdog, OBBBA will deliver a significant boost to economic output in the near term, with estimates showing growth rates could climb by nearly 1% in 2026, driven by increased demand and one-time incentives for labor and investment. However, the organization stresses this burst of activity is fleeting and warns projected long-term growth will stagnate as additional borrowing burdens the economy.
US politics
fromwww.housingwire.com
4 months ago

Where Trump's higher SALT deduction cap has the most impact

The TCJA capped the SALT deduction at $10,000 for married couples and $5,000 for individuals, while the OBBBA raised the cap to $40,000 and $20,000 respectively.
US politics
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