There’s new interest in indexing the capital gains tax to account for inflation. This is something good for everyone that conservatives have been pushing for years. The White House is working now to determine whether the president has the legal authority to make this change in tax policy by his own hand. There’s evidence that he can.
Doug Jones, the new and accidental senator from Alabama, has a big decision to make as he prepares to serve out the remainder of the Senate term of Jeff Sessions, who resigned his seat to become U.S. attorney general in the Trump administration.