Category: Wyden, Ron

Fearing Mass A.I. Layoffs, Some in Congress Eye Ways to Aid Workers

The New York Times – Business:
A bill to bolster the nation’s unemployment insurance program reflects the concern — and the risks — in Washington.
Senator Asks 4 Accounting Giants to Describe Malta Tax Advice

The New York Times – Business:
Ron Wyden, ranking Democrat on the Senate Finance Committee, is investigating the firms over their role in helping corporations dodge billions in taxes.
Corporate Tax Revenue Falls Even as Profits Soar Under Trump

The New York Times – Business:
The annual decline was about $70 billion. Companies are writing off billions in A.I. investments, taking advantage of tax cuts that President Trump signed into law.
Several Big Brokerages Leave Customer Accounts Open to Theft, Senators Say

The New York Times – Business:
Senators Ron Wyden and Elizabeth Warren, ranking Democrats on the Finance and Banking Committees, have urged regulators to require brokerages to provide stronger customer protections.
Private Equity Lashes Out at New Research on Carried Interest

The New York Times – Business:
Estimates by researchers at Yale found that closing the carried interest loophole could lead to billions more in tax revenues than previously estimated.
Senators Say Lawyers Helped Wealthy Clients Dodge Taxes in Puerto Rico

The New York Times – Business:
Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
How Epstein Helped Solve a Billionaire’s Problems With Women

The New York Times – Business:
The Wall Street titan Leon Black paid Jeffrey Epstein $170 million for what he said was tax and estate work. But his services went beyond that.
Democrats Demand Answers on Jared Kushner’s Mideast Business Dealings

The New York Times – Business:
Two prominent lawmakers wrote to the White House and Mr. Kushner after The New York Times revealed private fund-raising efforts by President Trump’s envoy in the region.
States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire

The New York Times – Business:
State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes.