Tag: U.S. Treasury

  • Milken Lures Mnuchin, Goldman’s Solomon to Davos of the West’

    Rich and powerful lead crowd of 5,000 at 21st annual conclave Financiers joined by experts in longevity, apes and politics beleaguered Wells Fargo & Co. and the U.S. Treasury secretary will be there. So will five-time Super Bowl champ Tom Brady and his supermodel wife, Gisele Bundchen. Kevin McCarthy, the Republican U.S. House majority leader, […]

  • A New Tax Break for Poor Neighborhoods Could Benefit Luxury Developers

    The idea for opportunity zones was hatched three years ago in a white paper from the Economic Innovation Group, a non-profit founded by Sean Parker, the Napster creator and first president of Facebook Inc., to “empower entrepreneurs and investors to forge a more dynamic economy throughout America.” The authors—Jared Bernstein, one of the key members […]

  • Heres a Juicy Tax Break. Now, How to Keep Everybody From Claiming It?

    House Republicans say they’re determined to simplify the U.S. tax code. A long-awaited provision in the massive tax bill they unveiled Thursday, a special rate for “pass-through” businesses, could do exactly the opposite. “The tax code was already overly complicated, and this is going to make it worse,” said Anjali Jariwala, a CPA and financial planner […]