Documents tagged "Wealth"
Found 8 documents with this tag
HOUSE_OVERSIGHT_033362.txt
In this document, Richard Kahn forwards an email from Morgan Stanley regarding Apple Inc. and their answer to investors' top five questions. The email discusses the latest view on iPhone demand in China and how it has likely improved since November-December period. However, the increasingly tough trade rhetoric between US and Chinese authorities makes it less likely that this trend will continue into May/June. Additionally, it mentions a possible inclusion of Huawei in a trade deal, suggesting recent actions could be bargaining chips to use in trade negotiations around the G20 Summit.
HOUSE_OVERSIGHT_024135.txt
The UBS CIO Monthly Extended from July 2012 discusses the global economy and investment preferences with a focus on risk return and the Euro debt crisis. The document presents asset class views for equities, fixed income, foreign exchange, commodities, listed real estate, hedge funds, and private equity. It also highlights the need for further reform and consolidation efforts in Spain and Italy. In terms of US corporate bonds, it is believed that they offer the best risk return. The UBS Wealth Management & Swiss Bank's Chief Investment Office provides this analysis, but investments may be subject to jurisdictional and regulatory restrictions.
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_022359.txt
The document discusses tax proposals in President Obama's Fiscal Year 2014 Budget, which was released on April 10th. Key people mentioned in the document include Managing Directors Paul Morris and Blanche Lark Christerson from Deutsche Bank Asset & Wealth Management and Deutsche Bank Trust Company, N.A.
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_016801.txt
The document is a capital market outlook from the Chief Investment Office, discussing topics such as macro strategy, global market views, and thought of the week. Paul Morris, Managing Director at Merrill Private Wealth Management, highlights key issues like Federal Reserve policy, global research and development spending, and gold's role as a diversifier in portfolios. The discussion covers the evolving concept of price stability, the potential acceleration of R&D spending due to the U.S.-China tech cold war, and recent tailwinds for gold's performance versus the US dollar.