Tax deferrals and big penalties: Lawmakers with stocks face financial upheaval
Source: Politico
Politico.com - For more and to sign up click here An overwhelming majority of Americans favor banning members of Congress from trading stocks, but efforts to turn that public sentiment into law have long sputtered. That's because the lawmakers who would have to approve any overhaul of congressional investing stand to suffer considerable financial impacts — not least of which are potentially hefty tax liabilities…
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