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Treasury rates are low due to belief in ‘new normal’ theory, says Trump’s top economist
“The previous administration’s economists…had convinced everybody that we’re in this new normal,” that had nothing to do with President Barack Obama’s economic policies and was “exogenous,” Hassett said on Wednesday during a moderated discussion at the Summit on the Economy sponsored by the Economic Innovation Group and the Governor’s Woods Foundation.
Read moreNew zones created by tax overhaul draw investor attention
The nation’s newest investment tool is getting some super-sized attention in metro Detroit — and is poised to bring new investment to neighborhoods throughout the region.
Read moreNew tax shelter expected to set off a wave of investment in Colorado
A new federal tax shelter seeks to unlock some of the $6.1 trillion in unrealized capital gains and create a downpour of investments in economically parched areas.
Read moreRich Atlanta communities pull far ahead of the rest, report says
And since more prosperous areas have rebounded strongly, the gap has grown between areas of opportunity and the areas where it is lacking, according to an analysis of government data by the Economic Innovation Group.
Read moreMust-Knows About Qualified Opportunity Funds
The Tax Cuts and Jobs Act, enacted on Dec. 22, 2017, established new tax codes that provide significant tax deferral opportunities for recently realized capital gains when they are invested in a Qualified Opportunity Fund (QOF or O Fund) for at least five years.
Read moreNew tax shelter expected to set off a wave of investment in Colorado
A new federal tax shelter seeks to unlock some of the $6.1 trillion in unrealized capital gains and create a downpour of investments in economically parched areas.
Read more