Senator Ron Wyden, an Oregon Democrat, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that one his priorities as the new chairman of the Senate Finance Committee will be renew about 50 U.S. tax credits and deductions that expired as last year ended.
Extending U.S. tax credits and deductions is a priority for new Senate Finance Committee Chairman Ron Wyden, even as he indicates there won’t be any major tax changes for individuals or businesses this year.
Takeda Pharmaceutical Co., Japan’s largest drugmaker, is the most popular stock in the first weeks of a tax-free investment program as buyers favor less-volatile shares amid the biggest equity slump among developed markets.
Meriton Pty, Australia’s biggest apartment developer, plans to double its debt this year from about A$300 million ($268 million) to buy land amid record low interest rates and soaring demand for apartments.
Bank of Japan policy makers trying to drive investors into riskier assets to fuel economic growth are meeting a new obstacle: a global equity rout that has driven local bonds to a record start to the year versus stocks.