You already know the highlights: the Big Beautiful Bill (BBB) is Congress’s latest effort to stuff 10 pounds of tax cuts into a five-pound bag. It locks in most of the 2017 Tax Cuts and Jobs Act. Marginal rates stay low. The standard deduction stays chunky. The qualified business income deduction lives to fight another day. Cue the confetti (and another round of Roth conversions while you’re at it).
tax reform
Blimey!
It’s official—London has lost its sparkle for the super-rich. The same billionaires who once descended on Mayfair like it was Monaco-on-Thames are now packing their bags, selling their townhouses, and swapping their G-Wagons for Gulfstreams. Why? Because Britain’s decided to go poking around their trust funds like a nosy neighbor with a flashlight.