Why ‘capital preservation’ could be your riskiest — and worst — strategy for retirement
World peace. Zero-calorie cheesecake. Smart politicians. your Profit from heart. As with these pipe dreams, there are no investment strategies that promise both growth and and Capital preservation is a false truism. A myth. But so many vendors of all stripes will claim otherwise, especially during volatile times like this summer, and sell you a […]
IDF confirms targeted strike on Lebanon capital city: ‘Justice is served’
The Israel Defense Forces confirmed that a missile attack targeted the Lebanese capital, Beirut, on Friday. Security officials claim the airstrike targeted Ibrahim Akil, a member of the terrorist group Hezbollah's Jihad Council. “Today, Israel [Aqil] The Israeli government posted on social media: “Precision air strikes carried out in Beirut. Justice has been served.” Israel […]
Federal Reserve Waters Down Plan To Hike Capital Reserves For Big Banks Amid Wall Street Lobbying Efforts
In a speech on Tuesday, Michael Barr, the Federal Reserve's vice chairman for oversight, announced that the Fed was watering down proposed rules that would increase the amount of cash large banks must hold on hand, following intense lobbying from Wall Street. Federal regulators are revising the final version of Basel III, which would boost […]
She Supports Increasing Capital Gains Tax by Less than Biden ‘To Better Incentivize’ Investment
On Thursday's “CNN This Morning” broadcast, Ian Sams, senior national spokesman for the Harris-Waltz campaign, said Vice President Kamala Harris, a potential 2024 Democratic presidential candidate, supports a smaller increase in capital gains tax rates than President Joe Biden, “to better encourage the entrepreneurial investment that we want to see in this country to help […]
Kamala’s Capital Gains Tax Plan Would ‘Kill the Stock Market’
Billionaire investor Mark Cuban warned Thursday on CNBC's “Squawk Box” that Vice President Kamala Harris' capital gains tax plan would “destroy the stock market.” “What I told them was that if we taxed unrealized gains, it would crash the stock market and it would be the ultimate jobs plan for private equity because companies wouldn't […]
Harris breaks from Biden on capital gains
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text Nikki Haley joins PR firm Edelman Former Republican presidential candidate Nikki Haley has joined global communications firm Edelman as vice chair of […]
Harris campaign surrogate Ro Khanna nudges VP against backing tax on unrealized capital gains
That's no good for Ro. Progressive Rep. Ro Khanna, D-Calif., on Wednesday warned Vice President Harris that she should not pursue a tax on unrealized capital gains, despite her opposition. Signaling Support President Biden's fiscal year 2025 budget proposal would do just that. “Let's say you're an entrepreneur and you start a company and it's […]
Harris proposes lower capital gains tax increase than Biden
Vice President Harris on Wednesday signaled a policy difference with President Biden, calling for a lower capital gains tax increase than Biden had proposed. During a campaign speech in New Hampshire, Harris said she wants to raise capital gains taxes on people earning more than $1 million from the current effective rate of 23.6 percent […]
Harris-Walz Capital Gains Tax Plan Is ‘Un-American’
“Shark Tank” star and investor Kevin O'Leary told Fox Business Network's “Kudlow” on Wednesday that Vice President Kamala Harris' plan for an unrealized capital gains tax is “un-American.” “This is the most disturbing tax proposal I've ever heard, why think about America – 62% of jobs are created by small businesses with five to 500 […]
Harris’s Unrealized Capital Gains Tax Proposal Is Unworkable, ‘Constitutionally Suspect,’ ‘Economically Destructive’
Democratic presidential candidate Vice President Kamala Harris' proposal to tax unrealized capital gains could be unconstitutional, unworkable and “economically destructive,” tax experts say. Breitbart News reported that Harris' tax proposal would increase taxes by $5 trillion over 10 years. BREAKING: Kamala Harris' economic adviser claims she plans to tax unrealized gains. “It won't happen in […]