My Top 5 Stocks to Buy for the Second Half of 2022 (and Beyond)

It may be challenging to buy stocks during a crashing market, but it can potentially provide some of the best rewards. Read More...


U.S. Senate Democrats aim to close tax loophole on ‘pass-through’ firms – sources

WASHINGTON (Reuters) -U.S. Senate Democrats are finalizing a plan to close a tax loophole used by many companies, and they want to use those revenues to shore up the government-run Medicare healthcare program for the elderly and disabled, sources familiar with the discussions said on Thursday. Democrats expect to submit legislative text to the Senate parliamentarian in coming days, said one source, who asked not to be identified in order to discuss the private negotiations. The tax change is aimed at the majority of businesses in the United States that are known as “pass-through” firms that are not subject to the corporate income tax and instead have their income reported to the government on individual tax returns, subjecting them to the lower tax rates.

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