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FORECAST: Extreme heat subsides, storms possible FOX 8 NewsHeat & Storms: High heat lasts as storms develop in Cincinnati this weekend WLWTColumbus Weather: Hot & muggy, storms getting closer NBC4 WCMH-TVIt's been nearly 100 years since Ohio recorded it highest temperature The Columbus Dispatch
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A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
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The president's new annual filing is nearly four times as lengthy as last year's disclosure and shows crypto income in the hundreds of millions
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Nearly three-quarters of LPs plan to increase allocations to the US middle market over the next two years, compared with 48% that intend to increase commitments to large and mega-cap private equity funds, according to new research from Winston Taylor and Mergermarket.
The post LPs to increase US mid-market focus as liquidity pressures reshape private equity strategies appeared first on AltAssets Private Equity News.
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IN THE annals of modern American economic policymaking, among the most revered pieces of legislation is the Tax Reform Act of 1986. During the three decades since its passage, Democrats and Republicans alike have hailed the law not only for overhauling the country''s tax system, which Jimmy Carter famously called 'a disgrace to the human race', but also for doing so with bipartisan support in both houses of Congress. As Republicans embark on yet another sweeping rewrite of the tax code, many point to the 1986 effort as a model to emulate. It was 'really something special', Donald Trump said in August. However, admirers of America''s last comprehensive revision of its tax code should be disappointed with the GOP''s current attempts.The bill that passed in 1986 took a long, arduous path to President Ronald Reagan''s desk. Originating out of a three-volume report by the Treasury department, it faced numerous brushes with death, and took more than two years to wind its way through Congress. The process included full committee hearings, markups and deliberations. The final bill eliminated many deductions, credits and exemptions that favoured some taxpayers over others. This generated new revenues, which were then used to reduce tax rates, mainly for low and middle-income individuals. The bill did ...
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