Because it is. Thats why the department of labor just finalized a rule to crack down on these kinds of conflicts of interest. And a lot of wall street special interests arent very happy about it. But across the country, this new rule will boost working folks Retirement Savings by billions of dollars a year. And it will level the Playing Field for the many good advisors who do work in their clients best interest. Second, the Treasury Department took action to crack down on big corporations that change their address overseas after acquiring smaller companies, in order to reduce their tax bill here at home. Its a loophole called corporate inversion. And it means that American Companies can take advantage of americas technology, americas infrastructure, americas workers but then, when it comes to paying their fair share of taxes, suddenly claim theyre not American Companies after all. Thats why, this week, the Treasury Department made it more difficult for companies to exploit this loophol
These disclosures about how the world's wealthy and powerful hide their vast fortunes will hopefully turn up the heat on the politicians that maintain the wealth-hiding status quo.