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Raymond James & Associates Lowers Position in ArcelorMittal S.A. (NYSE:MT)

Raymond James & Associates lessened its stake in ArcelorMittal S.A. (NYSE:MT – Get Rating) by 32.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,393 shares of the basic materials company’s stock after selling 25,874 shares during the quarter. Raymond James & Associates’ holdings in ArcelorMittal […]
Morgan Stanley Jpmorgan Chase Co Verition Fund Management Deutsche Bank Aktiengesellschaft Raymond James Associates Quadrant Capital Group

Obama's Latest Proposal to Reduce Charitable Deductions Would Crowd Out Civil Society

President Barack Obama’s FY 2012 budget proposal would harm charitable organizations by raising the tax rate on upper-income individuals and families and reducing their income tax deduction for charitable donations. These two changes in the tax code would discourage charitable donations and leave the most generous donors with less money to donate. Predictably, they would shift resources from private nonprofit charitable organizations to the federal government, which is consistently less effect...
United States White House District Of Columbia Barack Obama Richard John Neuhaus Peter Berger

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