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Clean Slate law
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- 1Virginia Enacts 'Clean Slate' Law for Minor Offenses▼Virginia Becomes Latest State to Enact ‘Clean Slate’ Law, to Help Residents Move on from Minor Offenses https://www. goo
Virginia has become the latest US state to pass a 'Clean Slate' law, which automatically clears or seals records of certain minor offenses, helping residents move past old convictions when seeking jobs or housing. Supporters hail it as a positive step for criminal justice reform, joining a growing list of states adopting similar measures.
- 2Virginia Enacts 'Clean Slate' Law to Clear Minor Offenses●Virginia Becomes Latest State to Enact ‘Clean Slate’ Law, to Help Residents Move on from Minor Offenses https:// fed.bri
Virginia has become the latest US state to adopt a 'Clean Slate' law, which automatically clears or seals records of certain minor offenses, helping residents move past old mistakes when seeking jobs, housing, and opportunities. Supporters say the measure gives people a genuine second chance, and the state joins a growing list of states adopting similar record-clearing reforms.
- 3US Estate Tax Rule Means Trillions in Gains Go Untaxed●Americans Hold Trillions in Unrealized Stock and Real Estate Gains, and Most of It Will Never Be Taxed. The 1921 Rule That Wipes the Slate Clean at Death
A 1921 provision in US tax law wipes out capital gains liability when an asset holder dies, known as the stepped-up basis. Because of it, trillions of dollars in unrealized stock and real estate gains held by Americans will pass to heirs without ever being taxed. Critics say this lets the wealthiest families avoid capital gains tax indefinitely, while defenders see it as protecting family assets from double taxation.