The vice president is relying on tax proposals as a way to show she is different from both President Biden and her Republican rival, Donald Trump.
Category: High Net Worth Individuals
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Donors Quietly Push Harris to Drop Tax on Ultrawealthy
Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley and Wall Street.
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What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far
The vice president supports the tax increases proposed by the Biden White House, according to her campaign.
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Delaware Judge Questions Tesla About Vote on Elon Musk’s Tesla Pay
Lawyers for Tesla have asked a Delaware judge to reverse her decision to void a multibillion-dollar pay package for Mr. Musk after shareholders approved it a second time in June.
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Bill Ackman Abruptly Withdraws Planned I.P.O.
The announcement came a day after he had scaled back the expected size of the offering.
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Wall Street Republicans Worry About Vance as Trump’s Running Mate
The financial world’s heavy hitters fear being marginalized in Washington after former President Trump chose a running mate openly hostile to Wall Street.
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Herbert Hoelter, Prison Consultant to the Rich and Infamous, Dies at 73
He helped Martha Stewart, Leona Helmsley, Michael Milken and other white-collar criminals win lighter sentences, and prepared them for life in prison.
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Fraud Case Against Rich Exile Who Riled Beijing Goes to Jury
Guo Wengui fled China and allied with the American right in a quixotic quest to end Communist rule. U.S. prosecutors say he stole over $1 billion from his followers.
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I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion
The beefed-up enforcement is part of the agency’s modernization initiative aimed at improving customer service and catching wealthy tax evaders.
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As the E.V. Revolution Slows, Ferrari Enters the Race
Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.