While Vice President Kamala Harris surges ahead in polls against her Republican rival Donald Trump, she hasn’t found much traction in the business and investing world. Hedge fund manager John Paulson, the founder of New York-based investment firm Paulson & Co. said on Tuesday in a media appearance that he would pull his money off the market in the eventuality of a Harris win, while Tesla CEO Elon Musk flagged something even more ominous. Don't Miss: Warren Buffett once said, "If you don't find a
A significant tax incentive is scheduled to expire in 2025, with many wealthy parents rushing to transfer their assets to their children as Kamala Harris gains ground in the polls ahead of the 2024 presidential election. This rush, however, has sparked new concerns over the emotional toll of sudden wealth on children – a phenomenon known as “sudden wealth syndrome.” Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. How do billionaires pay less in income tax
CEO Anne Wojcicki said the mass exodus left her "surprised and disappointed."
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