Ben Steverman

New York

Knight-Wallace Fellow 2023-2024. Otherwise I write for Bloomberg @business on the @wealth team. Winner of 2023 NABJ and NLGJA awards bensteverman at gmail

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Articles

Kaj kaže indikator recesije lepotnih salonov

1 week ago | si.bloombergadria.com | Ben Steverman

Deli novico WhatsApp Viber Link copied Copy link Svet 07. maj 2025, 07:00 Frizerji in estetiki poročajo, da se stranke odločajo za cenejše storitve in podaljšujejo čas med sestanki – znaki, da potrošniki v ZDA varčujejo. Vaše prijave ni bilo mogoče shraniti. Prosimo, poskusite ponovno. Uspešno ste se prijavili.
Estate Tax Repeal Faces Unlikely Foe: Financial Advisors Of The Rich

1 week ago | fa-mag.com | Ben Steverman |Steven Dennis

The Republican-led push to abolish the US estate tax has provoked opposition from a seemingly surprising source: financial advisers the wealthy pay to manage their money and keep down their taxes. Many of the country’s richest families, who spend handsomely to lessen the tax burden on their heirs, have fought unsuccessfully for decades to repeal the 109-year-old levy.
Estate Tax Repeal Faces Unlikely Foe: Financial Advisers of the Rich

1 week ago | bloomberg.com | Steven Dennis |Ben Steverman

Billionaires’ Row across from Central Park in New York. (Bloomberg) -- The Republican-led push to abolish the US estate tax has provoked opposition from a seemingly surprising source: financial advisers the wealthy pay to manage their money and keep down their taxes. Many of the country’s richest families, who spend handsomely to lessen the tax burden on their heirs, have fought unsuccessfully for decades to repeal the 109-year-old levy.
Estate Tax Repeal Has Unlikely Foe: Wealth Advisers of the Rich

1 week ago | news.bloombergtax.com | Steven Dennis |Ben Steverman

The Republican-led push to abolish the US estate tax has provoked opposition from a seemingly surprising source: financial advisers the wealthy pay to manage their money and keep down their taxes. Many of the country’s richest families, who spend handsomely to lessen the tax burden on their heirs, have fought unsuccessfully for decades to repeal the 109-year-old levy.
Trump’s Flirtation With a Millionaire Tax Demonstrates Uncertainty Around Bill

2 weeks ago | bloomberg.com | Ben Steverman

As President Donald Trump wraps up his first 100 days in office, Congress is taking the baton on his agenda, looking to pass a significant tax cut. Yet Trump himself recently considered actually increasing taxes on millionaires. Ben Steverman writes today about the president’s break (even temporarily) with Republican values. If this email was forwarded to you, click here to sign up .
Millionaire Tax Would Hit CEOs, Bankers While Billionaires Slide

3 weeks ago | news.bloombergtax.com | Ben Steverman

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Trump’s Millionaire Tax Would Hit CEOs, Wall Street Bankers While Billionaires Slide

3 weeks ago | bloomberg.com | Ben Steverman

The proposal is one of several ideas to help cover the costs of Trump’s other goals. (Bloomberg) -- CEOs, doctors, lawyers and Wall Street bankers are the likeliest to feel the impact if President Donald Trump and Republicans in Congress boost taxes on millionaires. Billionaires, on the other hand, are likely to skate. GOP leaders are seriously considering a proposal to create a new 40% rate for taxpayers earning $1 million or more a year, Bloomberg News reported Tuesday.
Millionaire Tax Would Hit CEOs, Bankers While Billionaires Slide

3 weeks ago | news.bloomberglaw.com | Ben Steverman

CEOs, doctors, lawyers and Wall Street bankers are the likeliest to feel the impact if President Donald Trump and Republicans in Congress boost taxes on millionaires. Billionaires, on the other hand, are likely to skate. GOP leaders are seriously considering a proposal to create a new 40% rate for taxpayers earning $1 million or more a year, Bloomberg News reported Tuesday. As of now, the top rate of 37% applies for individuals earning at least $626,350.
The Beauty Salon Recession Indicator

3 weeks ago | southfloridareporter.com | Ben Steverman

"It's feeling a lot like 2008," said Christy Powers, who's worked through three economic downturns since 1999. Operating out of Frederick, Maryland, a commuter-train ride from Washington, Powers said more and more of her clients-especially the large swath of federal workers-are "coming in telling me how stressed they are." Others are halting services altogether to save cash. Is Powers a financial planner? A real estate agent?
The Beauty Salon Recession Indicator

1 month ago | bloomberg.com | Ben Steverman

Attendees get their hair done at the International Beauty Show in New York. (Bloomberg Businessweek) -- “It’s feeling a lot like 2008,” said Christy Powers, who’s worked through three economic downturns since 1999. Operating out of Frederick, Maryland, a commuter-train ride from Washington, Powers said more and more of her clients—especially the large swath of federal workers—are “coming in telling me how stressed they are.” Others are halting services altogether to save cash.