Marketplace Morning Report for Thursday, December 20, 2012
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Vice President Joe Biden is meeting with law enforcement officers today to come up with ways to stop gun violence. The vice president has been asked to offer some recommendations to President Obama by late January. So what do the American people think should be done? As we approach the fiscal cliff, much of the attention in Washington has been on income tax rates. But there's another tax that's likely to rise whether we go over the cliff or not: the tax on capital gains. Plus, a fight that's going on over a card game.
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Could the New York Stock Exchange have at last found a soul mate regulators can live with? In Europe, the Catholic Organization Opus Dei has gotten into a fight with a small Danish game-maker. And Boeing uses potatoes to test in-flight Wi-Fi.
Posted In: guns, gun control
In the aftermath of the shooting at Sandy Hook elementary in Newtown, Connecticut, the debate around tighter gun control quickly became a national conversation.
Posted In: stock market
Throughout all of this fiscal cliff back and forth, the stock market has reflected a certain stoicism from corporate America: Not much movement at all. But the stock market leaves out a huge chunk of our economy: Private companies.
Posted In: capital gains, Taxes, fiscal cliff
Top capital gains tax rates would increase to 20 percent, taxes on dividends would go as high as 39.6 percent.