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wealthy Americans is running into some headwinds with Democrats on Capitol Hill, showcasing nervousness about the scope and size of elements of the White House's ambitious tax plans." Bloomberg adds, "Instead of hitting heirs with a hefty tax payment at the time of the death of their benefactor, staff for Hou
billion. Restaurants have until this coming Monday to apply." House Democrats Propose Changes To Biden's Inheritance Tax Proposal. Bloomberg (5/20, Davison, 3.57M) reports that President Biden's "proposal to dramatically expand the inheritance tax bill for wealthy Americans is running into some headwind
s, and the Treasury Department hailed its positive reception among other countries as a breakthrough in the negotiations." Bloomberg (5/20, Mohsin, Davison, 3.57M) says the proposal "moves the U.S. position closer to the 12.5% rate that had been discussed at the Organization for Economic Cooperation an
briefed Biden on Tuesday, a person familiar with the matter said." The New York Times (5/5, Kaplan, Stolberg, Robbins, 20.6M) writes, "Support from the White House is not a guarantee that a waiver will be adopted. The European Union has also been standing in the way, and changes to international intellectual pr
stently above the central bank's 2% target 'still seems small' despite an improving economic outlook." In a separate story, Bloomberg (5/5, Torres, Davison, 3.57M) says, "The biggest uncertainty for investors watching the Federal Reserve in coming months may not be the rate of inflation but turnover at
ve three-way arms race between China, Russia, and the United States and looked forward to progress on upcoming arms control negotiations in Vienna," White House spokesperson Judd Deere said. US Accuses Russia Of Testing Anti-Satellite Weapon In Space. The AP <https://apnews.corn/091b05982eaffb5e7b876834025b
. Bloomberg <https://www.bloomberg.corn/news/articles/2020-07-23/republican-plan-would-send-more- 1-200-stimulus-checks-in-august?smd=premium> (7/23, Davison, Litvan, 4.73M), the Wall Street Journal <https://vvww.wsj.coin/articles/mnuchin-payroll-tax-cut-wont-be-in-senate-republican-coronavirus-relief-bil
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Jeffrey Epstein
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