Tax policy used to be fairly boring and predictable. But in the past decade, it has become dynamic in a way that tax advisers don’t like: It changes with the political party in power.That means it’s increasingly hard for individuals trying to make long-term decisions around their earnings, savings and giving. And advisers are likely to offer guidance on what is the best decision at this moment, because the future is too fuzzy.Shortly after Joseph R. Biden Jr. was declared the president-elect in November, I wrote a column looking at the opportunity costs of making tax-related …
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They Want to Hand Your Kid a Debit Card. What Do You Do?
