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This year, he had given most of those gains back.
Moreover, by lowering tax on repatriated profits, he doubtless hopes to lure some foreign-gotten gains back home.That bet is probably wrong.
WALL STREET JOURNAL JPMorgan Gains Back Market Value | JPMorganan's stock rose to erase the losses that came after the bank disclosed a huge trading loss earlier this year.
Meanwhile Greece will pay lower interest rates on its bailout loans, and the European Central Bank agreed to give up profits from Greek bonds bought at a discount, and to pass those gains back to the government in Athens.
And they happened in an environment of essentially zero inflation, the opposite of the double-digit inflation that justified a lower tax rate on capital gains back then — but which is now simply an obsolete tax subsidy to the rich.
To the many members who, like the Obamas, are the first generation in their families to achieve financial success, the church warns against "middleclassness," its term for selfish individualism, and urges them to channel their gains back into the community.
Similar(41)
She has since gained back the weight.
She had gained back 27 pounds.
You gained back a couple.
I'd lose 20 pounds, then gain back 30".
But Taylor's response gained back some ground.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com