Comment on What FIFO Is, and Why Congress Just Killed It

What FIFO Is, and Why Congress Just Killed It

Tax reform efforts have been fast and furious in recent months, and with both the House of Representatives and the Senate having gone through their own processes to come up with proposals, key differences emerged. Yet not all of those differences really made sense. One issue that emerged as highly controversial and potentially destructive to individual investors was the Senate's FIFO provision.

 

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