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Infrastructure Unstructured

Infrastructure Unstructured Andrew Stuttaford © Kevin Lamarque/Reuters President Joe Biden reacts following a bipartisan meeting with U.S. senators about the proposed framework for the infrastructure bill at the White House in Washington, D.C., June 24, 2021. Even by the rock-bottom standards of “bipartisan” politics, the logic behind the infrastructure deal cut by the president and a collection of Democratic and Republican senators was . . . less than impressive. As Char...
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Source: msn.com

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The Capital Letter: Biden's Vaccine Blunder

Print this article President Joe Biden speaks as he tours a Pfizer manufacturing plant producing the coronavirus vaccine in Kalamazoo, Mich., February 19, 2021. (Tom Brenner
/Reuters) The week of May 3: waiving the COVID-19 vaccines’ intellectual-property protections, disappointing jobs numbers, and much, much more. Just in case its tax plans were not evidence enough that the Biden administration has little understanding of the value of incentives, its prop...
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Anomaly of a Recovery

May 2, 2021 | Anomaly of a Recovery John Mauldin John Mauldin is a renowned financial expert, a New York Times best-selling author, and a pioneering online commentator. Each week, over 1 million readers turn to Mauldin for his penetrating view on Wall Street, global markets, and economic history. We did the first Strategic Investment Conference 18 years ago. I remember one of the partners in the firm that cohosted the event telling me as I walked up to the stage, “John, it doesn’t get any...
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Another Twist of the Knife: Introducing a New Death Tax

Another Twist of the Knife: Introducing a New Death Tax Read full article May 1, 2021, 10:29 AM·28 min read The devil is in the details, and while, when it comes to the Biden tax plan, Old Nick is not just lurking in the small print, one particular technical-sounding change proposed by the president is rightly attracting some attention: that is the plan to scrap the long-standing principle that if someone inherits an asset, his or her basis cost in that asset for capital-gains-tax purposes is ...
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Source: yahoo.com

Capital Letter: Climate & Central Banks: Regulators Doing What They Shouldn't

Print this article European Central Bank President Christine Lagarde addresses an event to launch the private finance agenda of the 2020 United Nations Climate Change Conference in London, England, February 27, 2020. (Tolga Akmen/Pool via Reuters) I felt spoiled for choice when it came to a topic with which to preface this week’s Capital Letter. Dogecoin went quite a long way toward the moon, the U.N.’s secretary-general has pushed for a “solidarity” or wealth tax,...
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