No country has ever taxed its way to prosperity. Ever. Yet President Biden and congressional Democrats are hell bent on pushing through catastrophic tax increases. This episode of What’s Ahead examines what the ugly results would be. In his infrastructure speech the President outlined some of the business tax boosts that he wants. If enacted,
Month: April 2021
Founder of Apartment Loan Store a Commercial Mortgage Firm. Author of “The Encyclopedia of Commercial Real Estate Advice,” Publisher- Wiley. Imagine you are out shopping for toilet paper. You go to a large grocery and find the shelves completely bare. The manager says they are getting more in soon. Uncertainty is not your thing; you are relieved
Travelers wearing protective masks walk past a sign pointing towards a Covid-19 testing location in Terminal 5 at John F. Kennedy International Airport (JFK) in New York, March 26, 2021. Angus Mordant | Bloomberg | Getty Images Google said it was working on a fix for a problem to one of its platforms after flight-search
A woman takes a selfie with the ‘Charging Bull’ statue on February 17, 2021 in New York City. ANGELA WEISS | AFP | Getty Images Stock futures held steady in overnight trading Monday after the Dow Jones Industrial Average and the S&P 500 both closed at record highs with strong economic data boosting hope for
Tom Lee said Monday he expects the stock market’s strong start to April to continue throughout the month as part of what he’s previously dubbed a “face-ripper rally.” The co-founder of Fundstrat Global Advisors made his case in an interview on CNBC’s “Fast Money,” following the S&P 500‘s 1.4% gain Monday to notch a record close
In this article IRSA3-AR Getty Images This year’s tax season has brought with it a new opportunity to collect any unpaid funds from previous rounds of federal stimulus checks. But the amount you claim could be adjusted by the IRS, the agency said on Monday. A new feature called a recovery rebate credit enables people
If you invested in a syndicated conservation easement that had Nancy Zak of Forever Forests as one of the consultants, you should be hearing from her soon. And you won’t like what she tells you. Ms. Zak is one of the defendants in a major Department of Justice (DOJ) injunction push against syndicated conservation easements. And she
Every technology has multiple phases of innovation. 3D printing technology has been evolving at a very quick pace – champions have been using it recently to print everything from airplane engines to custom shoes. Now, Mighty Buildings is using 3D printing to build an entire community of homes in Palm Springs, CA. The community will
Residents line up for COVID-19 testing at Pritzker College Prep high school in the Hermosa neighborhood on November 30, 2020 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images A local bar opening in a rural Illinois county in early February was tied to at least 46 new coronavirus cases and a
People walk outside the AMC Empire 25 movie theater in Times Square as the city continues the re-opening efforts following restrictions imposed to slow the spread of coronavirus on December 23, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines in midday trading. Tesla – The electric vehicle
John Smith | Corbis News | Getty Images Shares of GameStop tumbled by double digits on Monday after the video game retailer said it may sell up to $1 billion worth of additional shares following a historic Reddit-fueled short squeeze. GameStop saw its stock drop more than 10% to around $171 apiece after announcing a stock offering
Jim McGuire | Getty Images When faced with a quiz on Social Security claiming rules, many people who are on the brink of retirement fail. MassMutual recently gave a 12-question true/false quiz to 1,500 people ages 55 to 65 who have not yet claimed their benefits. Just 3% of the respondents were able to answer
fstop123 | Getty Images The Consumer Financial Protection Bureau proposed a rule Monday to prevent a wave of foreclosures this fall, when certain Covid-era protections for homeowners are set to expire. The proposal, which would need final approval, generally prohibits mortgage servicers from initiating foreclosure proceedings against delinquent borrowers until after Dec. 31, 2021. The
According to a recent survey of U.S. households by Schroders, only 27% of respondents who were still working reported ‘very good’ and ‘fully on track’ when asked how they feel about their retirement planning. Even more alarming, only 18% of workers between age 60 – 67 say the same. But how can you tell if
Now that a high-level U.N. panel has called for a complete overhaul of the global financial system — including a new U.N. tax convention, a U.N. tax body, and a global minimum tax — what will happen next? In April and June, the U.N. will conduct two highly anticipated events: a 2021 financing for development forum and a U.N. General Assembly special anti-corruption session. It
The Beverly House, a grand Beverly Hills mansion once owned by newspaper tycoon William Randolph Hearst and actress Marion Davies, is back on the market for about $90 million. A titan of industry. A Hollywood starlet. A scandalous affair. An iconic movie. Many Los Angeles homes come with colorful backstories, but few tell a tale
Two friends sit on the sea wall on a warm sunny Easter Sunday at Chalkwell beach on April 04, 2021 in Southend-on-Sea, England. John Keeble | Getty Images News | Getty Images LONDON — Everyone in England will be able to receive two Covid-19 tests for free every week as the U.K. government double down
Some struggling Big Tech names may make a comeback this month. BTIG’s Julian Emanuel is targeting a corner of the market that isn’t directly correlated to economically sensitive trades as the second quarter begins. “The plays that have benefited the last several months — the reopening plays value, small caps — may in fact take
This segment of What’s Ahead walks us through a cute maneuver the Treasury Department is attempting that could cost taxpayers billions of dollars without congressional approval. It’s arcane, but the money consequences are real. It involves something called Special Drawing Rights, SDRs for short. They were created back in the 1960s, when there were fears
Joe Sugiyama is the Vice President of Pre-Construction at CA Ventures. Before breaking ground on any new project, one of the first steps is to assemble a team of skilled players to see you through the project lifecycle. You’ll begin by onboarding your starting lineup — an architect as well as civil and structural engineers. This
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