Global High Wealth Industry Group Created: New IRS Unit Will Target The Very Wealthy
WASHINGTON -- A new Internal Revenue Service enforcement unit targeting the very wealthy will help the tax agency decode partnerships, offshore trusts...
WASHINGTON -- A new Internal Revenue Service enforcement unit targeting the very wealthy will help the tax agency decode partnerships, offshore trusts...
Joel Epstein | Posted 10.09.2009 | Business
According to a recent report the number of millionaire households around the world fell from around 11 million in 2007 to 9 million last year. The only region going the other way -- Latin America.
Chris Weigant | Posted 08.20.2009 | Politics
Democrats have to get over their knee-jerk reaction to being labeled "tax and spenders" by their opposition. If higher taxes for millionaires are the way to pay for healthcare reform, then let everyone know it, and know why.
Don McNay | Posted 07.25.2009 | Business
We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.
CNN Money | Georges Mannes | Posted 05.31.2009 | Business
In the survey, conducted by Harris Interactive, participants were probed about one of those primal fears that affect anyone thinking about retirement-...
The Wonk Room | Pat Garofalo | Posted 11.15.2008 | Business
As part of his new economic outline - The Pension and Family Security Plan - Sen. John McCain (R-AZ) has proposed cutting the tax rate on long term ca...
Vicky Ward | Posted 10.30.2008 | Style
There's no doubt that in New York "friendship" is a fickle term. As long as you are king, you will courted; when you are down and out, you are dumped.
Chris Weigant | Posted 09.22.2008 | Politics
John McCain said something ridiculous to a reporter yesterday. I hasten to point out that the previous sentence should have been a major media headlin...
AP | CANDICE CHOI | Posted 07.02.2008 | Business
NEW YORK — Add an extra zero to the ranks of the millionaires club. The number of people around the world with at least $1 million in assets pa...
ABC News | ALICE GOMSTYN | Posted 04.03.2008 | Business
He might be the most-celebrated stock-picker on TV, but many say Jim Cramer got it wrong and some have renewed an older criticism of the television ho...
CNN/Money | Posted 03.28.2008 | Business
The number of American households worth $1 million or more - not including the house itself - grew at the lowest rate in five years, according to a re...
Forbes Via ABC News | Melanie Linder | Posted 03.28.2008 | Business
While their peers were out making trouble, these young achievers were making bank. Forever in search of the secrets to entrepreneurial success, we pe...
AP | JIM ABRAMS | Posted 03.28.2008 | Business
WASHINGTON — There's at least one advantage to not being a millionaire _ less chance of being audited by the Internal Revenue Service. The tax ...
New York Times | DAVID CAY JOHNSTON | Posted 03.28.2008 | Business
The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in ...
Wall Street Journal | Robert Frank | Posted 03.28.2008 | Business
A new crop of online social-networking sites has taken aim at the rich, seeking to create exclusive Web communities of like-moneyed friends. The sites...
Forbes Via Yahoo | Lisa LaMotta | Posted 03.28.2008 | Business
As kids, America's richest entrepreneurs dreamt of curing patients, flying jets, writing plays and bagging base hits for the Chicago Cubs. Instead, th...
Wall Street Journal | MARTIN VAUGHAN | Posted 10.27.2009 | Business