Obama pushes tighter border rules for U.S. companies trying to exit for tax purposes
On today's Breakfast with Benjamin menu, Pres. Obama pushes for tighter border rules for U.S. companies trying to exit for tax purposes, asset managers unprepared for a bear market, and more.
- Obama seeks tighter border restrictions to stop U.S. companies from locating overseas for tax purposes. Ironic. A sharply worded letter by congressional tax code writers
- Stocks that could be hurt by Obama’s crackdown on corporations trying to avoid the 35% tax on profits. 50 large companies have reincorporated overseas over the past 10 years
- Like a hot stock, the asset management industry is all about market upside, but organic growth is rare. A bear market could cause a true reckoning for some asset managers
- A simple and prudent guide to investing in a start-up business. Five steps to avoid getting burned. 80% of small businesses fail
- As Hillary Clinton continues to pretend she doesn’t know if she will run for president, her party is already on board. Everybody else outside her party? Not so much. Bad news for Joe Biden and Elizabeth Warren
Learn more about reprints and licensing for this article.