<p>NTUF Questions Legality of Retroactive Tax Measure</p>

NTUF Questions Legality of Retroactive Tax Measure

National Taxpayers Union Foundation

President Biden’s proposal to retroactively increase the top capital gains tax rate could be considered unconstitutional and similar proposals “violate the fundamental principles of transparency and stability,” the National Taxpayers Union Foundation said in an August 11 report.

<p>President Biden’s proposal to retroactively increase the top capital gains tax rate could be considered unconstitutional and similar proposals “violate the fundamental principles of transparency and stability,” the National Taxpayers Union Foundation said in an August 11 report.</p>