WASHINGTON, Feb 6- Seven years after the United States banned waterboarding as an interrogation tactic, two Republican presidential candidates said on Saturday they would revive its use and one of them, billionaire businessman Donald Trump, would go even further. Waterboarding- the practice of pouring water over someone's face to mimic drowning as an...» Read More
The Senate is set to vote on the "Buffett Rule," President Obama's tax proposal that would require people making more than a million dollars a year to pay a minimum tax rate of 30 percent. Gene Sperling, White House economic adviser, shares the Administration's perspective.
Despite the Internal Revenue Service's promise to bring new scrutiny to the super rich, a new report finds that of nearly 8,300 individuals with income of $10 million or more, as few as a dozen may have been audited.
Discussing President Obama's tax proposal, with Jared Bernstein, Center on Budget & Policy Priorities and Dan Mitchell, Cato Institute.
Defying the economic slump, celebrities, corporate titans and Internet entrepreneurs in recent years have upgraded to bigger planes, with leather seats, plush bedrooms and opulent boardrooms.
Like other Americans, high net-worth investors are feeling upbeat about the economy’s near-term fortunes of late, according to a new survey. So why aren't they diving into the stock market?
The list of those whose careers have been made or influenced by billionaire investor Richard Rainwater reads like a guide to contemporary American business.
The real estate market in the United States may still be slumping, but its high end is enjoying a remarkable updraft, propelled by money flowing in from all corners of the globe, including from developing countries like Brazil, China and India. But no group is consistently writing bigger checks than the Russians.
A lawsuit in Ohio may call into question Warren Buffett’s commitment to paying his fair share of taxes.
As video games increasingly compete with the movies for America’s entertainment dollars, gaming kingpins like Gabe Newell have become equivalent to the Samuel Goldwyns and Irving Thalbergs of last century.