Dropbox Files Confidentially for U.S. IPO
January 13, 2018

Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a U.S. initial public offering, people familiar with the matter said.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. will lead the potential listing, Continue reading

The Middle Class Might Not Even Notice If the GOP Cuts Their Taxes
January 9, 2018

A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice.

The 2009 economic-stimulus bill contained a one-year tax break worth $800 for married couples in 95 percent of working Continue reading

Goldman Takes One-Time $5 Billion Hit From New U.S. Tax Law
January 5, 2018

Goldman Sachs Group Inc. said the U.S. tax reform will cut profit this year by about $5 billion, mainly because of a tax targeting earnings held abroad.

About two-thirds of the hit comes from the repatriation tax, while writing down Continue reading

Tax-Hike Fears Trigger Talk of Exodus From Manhattan and Greenwich
December 3, 2017

Even Bruce McGuire, founder of the Connecticut Hedge Fund Association, understands if wealthy Northeasterners flee the region due to changes in the tax code.

“It would almost be irresponsible if you weren’t thinking about moving,” he said.

The problem for Continue reading