Documents tagged "Strategist"
Found 5 documents with this tag
HOUSE_OVERSIGHT_022361.txt
The Fiscal Year 2014 budget issued by President Obama includes provisions that would limit certain tax benefits for individuals with income taxed at higher rates, including all itemized deductions and contributions to retirement plans. The Treasury Department's "Green Book" provides further details on the proposed tax changes. Critics argue that the proposal would increase taxes on those earning under $200,000 or married couples filing jointly with income under $250,000, who President Obama has previously pledged to insulate from higher taxes.
HOUSE_OVERSIGHT_022330.txt
This document provides a summary of various tax topics and planning points from 2013 to present. Key people include Managing Director Blanche Lark Christerson and senior wealth planning strategist; key places include the United States Supreme Court, Treasury Department, and IRS; and key topics include estate planning, inflation-adjusted numbers for 2014, tax reform, budgeting, and charitable contributions. The document also discusses various cases and court rulings that have impacted taxation.
HOUSE_OVERSIGHT_022325.txt
The document discusses budget and tax reform in the United States, with particular emphasis on the work of House Budget Committee Chairman Paul Ryan, Senate Budget Committee Chairman Patty Murray, and other lawmakers. It also mentions Sen. Max Baucus's recent discussion drafts of legislation dealing with corporate and international tax and energy incentives, as well as Rep. Dave Camp's focus on introducing tax reform legislation rather than an "extenders" bill. The term "extenders" generally refers to temporary provisions in the tax law that Congress regularly renews for a limited period.
HOUSE_OVERSIGHT_019440.txt
The document discusses a government shutdown in October 2013 that led to legislation being passed and signed into law by President Obama. This legislation included the Consolidated Appropriations Act of 2014, which allocated $1.012 trillion to fund the government through September 30, 2014. The document also mentions that the IRS was allocated $11.289 billion in funding under this act, but it is less than last year's level and continues a downward trend. Additionally, the document notes that the IRS will have new quarterly reporting requirements and must abide by certain directives.
HOUSE_OVERSIGHT_014622.txt
The document is a summary of top US ideas for Q1, focusing on strategy and equity. The backdrop for risk assets has changed due to global interest rates reaching 5,000-year lows and the historical US Presidential election and Republican sweep of Congress in November 2016. OPEC reached a historic deal to reduce crude production by 1.2mn b/d with non-OPEC producers delivering an additional 600k b/d of cuts that same month, leading to risk assets responding positively. The current strategy stands in stark contrast to last year's focus on defensive growth ideas and is more heavily geared toward companies benefiting from increased fiscal stimulus, a pro-business agenda, and tax-policy reform. There are eight Buys and two Underperforms across six sectors listed, with updates planned at the beginning of each quarter unless coverage is dropped or recommendations change.