Views: Visits 12 The Delta Economic Summit Group (DESG) has appointed Ekenem Isichei as its new director-general (DG). Isichei takes over from Chukwuka Monye. Similarly, Isioma Udeozo has been appointed deputy director-general (DDG) of the association. The new DG and DDG have been saddled with the responsibilities of promoting strong public-private partnerships in Delta, providing technical support to enhance the state’s capabilities through its members, support the ease of doing business and derive support towards women-led businesses in the state. Isichei is currently the chief executive officer of ACIOE Associates, an advisory services firm based in Abuja. He has served different local and international clients such as BG Group, BP North America, Marathon Oil, Accenture, Chevron, Procter and Gamble, Bill and Melinda Gates Foundation, Rockefeller Foundation, Chemonics, Unilever, ABT Associates and Palladium.
Jeff Bezos heirs would pay over $36B after Amazon founder s death if Biden tax plan succeeds
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Biden tax rule would take billions from biggest fortunes at death
Ending the step-up in basis and raising the capital gains tax rate would amount to the biggest curb on dynastic wealth in decades.
May 4, 2021 8 MINS
Jeff Bezos has an ex-wife, a girlfriend, four children and billions of reasons to watch whether Joe Biden’s tax overhaul wins congressional approval. The Amazon.com Inc. founder’s heirs may have to pay more than $36 billion if the president succeeds in closing a loophole that helps the rich transfer their fortunes tax-free at death.
Under current rules, whoever inherits the Amazon shares Bezos bought in 1994 for $10,000, which are worth $180 billion today, will receive a so-called step-up in basis, wiping out any capital gains tax liability. Biden’s plan would close that loophole and apply the top capital gains tax immediately when assets transfer to wealthy heirs. If the rate increases it’s 20% for holdings like Bezos’s, and Biden
Dynasty Adds PLL Alum as Major Troublemaker for Fallon in Season 4 TVLine 4/05/2021 © Courtesy of The CW, Blair Raughley/Associated Press
Fallon Carrington’s newest assistant may be more trouble than she’s worth. Kara Royster, who once played Toby’s ill-fated fiancée on
Pretty Little Liars, will recur in the upcoming fourth season of The CW’s
Dynasty, TVLine has learned exclusively.
Royster will play Eva, officially described as Fallon’s “newest assistant and protégé. Fresh out of Wharton Business School, Eva becomes the assistant Fallon never knew was possible: sweet, smart and fully dedicated to her job. But like Fallon, Eva is also ambitious, cunning, and beautiful. Has Fallon hired a mini-me… or a major troublemaker?”
Jeff Bezos
Biden Tax Rule Would Rip Billions From Biggest Fortunes at Death Amazon.com Inc. founder Jeff Bezos heirs may have to pay more than $36 billion if President Joe Biden succeeds in closing a loophole that helps the rich transfer their fortunes tax-free at death.
Caleb Melby and David Kocieniewski | May 04, 2021
(Bloomberg) Jeff Bezos has an ex-wife, a girlfriend, four children and billions of reasons to watch whether Joe Biden’s tax overhaul wins congressional approval.
The Amazon.com Inc. founder’s heirs may have to pay more than $36 billion if the president succeeds in closing a loophole that helps the rich transfer their fortunes tax-free at death.
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