Taxing the wealth of the millionaires and billionaires may seem like a good idea, but it has serious unintended consequences.
White House press secretary Jen Psaki refused to rule out tax cuts for people with incomes above $400,000 in Pres. Biden’s nearly $2 trillion bill.
Investors are shedding properties before the clock strikes 2022 to avoid any potential changes to the capital gains tax law next year.
Oil prices have come down way too fast on Omicron variant concerns, says Goldman Sachs oil strategist Damien Courvalin.