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Documents tagged "President Barack Obama's"

Found 4 documents with this tag

HOUSE_OVERSIGHT_030617.txt

The document discusses a tax plan proposed by House Ways and Means Committee Chairman Dave Camp (R-Mich.) in 2014, which includes changes to the treatment of carried interest for financial industry executives and imposes a levy on banks and insurers' assets. The plan was intended to revamp the U.S. tax code, with an emphasis on affecting investment fund managers' compensation. Camp's proposed changes were previewed in a communication from Jeffrey Epstein [jeeyacation@gmail.com] to Melanie SpineIla, which was later released as an attachment to an email.

HOUSE_OVERSIGHT_030574.txt

The document discusses a planned revamp of the U.S. tax code by House Ways and Means Committee Chairman Dave Camp, who will focus on changing the treatment of carried interest and imposing a levy on bank and insurer assets. The proposed changes also affect how investment fund managers' compensation is taxed, with rhetoric that echoes President Obama's own calls for change in tax laws.

HOUSE_OVERSIGHT_030487.txt

Chancellor Alistair Darling warns US over proposed bank sector reforms, stating that international coordination is necessary and that unilateral action could harm global efforts to prevent another financial crisis. He also states that the banks are capable of organizing themselves to avoid strict regulations in one country by moving operations elsewhere.

HOUSE_OVERSIGHT_029340.txt

The document discusses the possibility of another bear market and includes a report by Forbes columnist Ken Fisher's firm on the stock market forecast and analysis that can be used in a portfolio right now. It also touches upon the issue of estate tax, specifically highlighting the American Taxpayer Relief Act of 2012 and President Barack Obama's proposed budget for fiscal year 2014 which includes lowering the exclusion for estate taxes, gift-tax exemption, and generation-skipping transfer tax to $3.5 million and $1 million respectively. The document suggests that financial advisers and tax attorneys should stay one step ahead of Washington's search for revenue in order to navigate these changes effectively.