Does this legislation have a sunset provision on it? I’m thinking if it passes and it does, then this would provide a lot of momentum our way...and relative time be gone. But I’m assuming it doesn’t, since who would extent this crap!?
No, it does not. The taxes proposed in this bill, in particular, are expecially troubling precisely because they do not have "sunset provisions" and ARE NOT indexed for inflation. So, like the AMT, these new taxes will snare more and more people as inflation does its damage over time.