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expediter13

12/05/17 2:58 PM

#215677 RE: DewDiligence #215672

The reason they mentioned it was the lobbying and mutual funds getting what they wanted. Thus, nothing to stop them now. The CEO of Blackrock was being interviewed and admitted he knew nothing about it being part of the tax bill.
Obviously we can see they are doing as much money grab from the people and leaving the hedge fund, mutuals, and real money alone.
More control over the retail investor is what they want, they don't want us buying shares without their guidence. Like everything these days, this tax proposal is garbage for us.

DewDiligence

12/15/17 6:54 PM

#216084 RE: DewDiligence #215672

FIFO tax-lot provision eliminated from final US-tax bill (thankfully):

https://www.cnbc.com/2017/12/15/final-tax-reform-bill-could-leave-popular-stock-sale-strategies-alone.html