Estimates by researchers at Yale found that closing the carried interest loophole could lead to billions more in tax revenues than previously estimated.
Category: Wyden, Ron
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Senators Say Lawyers Helped Wealthy Clients Dodge Taxes in Puerto Rico
Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
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How Epstein Helped Solve a Billionaire’s Problems With Women
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.
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Democrats Demand Answers on Jared Kushner’s Mideast Business Dealings
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.
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States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire
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.