News Headline Summary
Washington Post columnist Ezra Klein tweets "source tells me that the USD 450K threshold would also apply to cap gains, dividends, but not PEP and PEASE"
Analysis details (10:22)
- The Washington Post says that PEP and Pease are two provisions that restrict how much certain high-income Americans could write off through personal deductions and exemptions, known as the Pease limit and the Personal Exemption Phase-out (PEP).
31 Dec 2012 - 10:19
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis