Wealth

The Internal Revenue Service headquarters in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Every budget cycle, members of Congress solemnly promise to better fund the Internal Revenue Service so it can do its job of collecting taxes and serving the taxpayer. And once again, Congress has done the opposite. According to an analysis
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Kristalina Georgieva, managing director of the International Monetary Fund (IMF), speaks in Washington, D.C., on Oct. 16, 2019. Andrew Harrer | Bloomberg | Getty Images Governments should consider raising taxes on society’s wealthiest to tackle inequality, according to the head of the International Monetary Fund (IMF). In a blog post on Tuesday, Kristalina Georgieva, managing
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Deep in the valleys forged by the waters of Asia’s Red River, a series of colorful mountain villages are encircled by fields of towering rice terraces. The fields are agricultural feats of precision — rugged mountains blanketed with emerald stairways that, seemingly, ascend to the heavens above. Mu Cang Chai, Vietnam. Ratnakorn Piyasirisorost But this
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A sign displayed on Bruckner Building reads ‘Commercial Space Available’ in the Port Morris neighborhood of the Bronx borough of New York. For a limited time, investors who develop real estate or fund businesses in opportunity zones are able to defer capital gains on profits earned elsewhere and completely eliminate them on new investments in
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President Donald Trump gestures toward journalists shouting questions as he departs the White House May 29, 2018 in Washington, DC. Win McNamee | Getty Images President Donald Trump is the favorite candidate of America’s millionaires — and his support seems to be strengthening. Asked which candidate they support for president in 2020, 36% of millionaires
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