Hidden accounts found by IRS: Daily Wealth Letter

Reports — By on January 20, 2017 at 12:14 PM
Ian Brodie

Ian Brodie

Daily Wealth Letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com

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NUMBER 380   FRIDAY, JANUARY 20, 2017

Hidden accounts found by IRS

Two Orange County men pleaded guilty Wednesday to failing to disclose to the IRS foreign bank accounts that contained millions of dollars, federal prosecutors said.  READ MORE: http://thewealthforums.com/2017/01/20/hidden-accounts-found-irs/

Warning on Trumponomics

Tax cuts, deregulation and more federal spending advocated by the incoming Trump administration are a classic remedy for economic stagnation and long unemployment lines.  READ MORE:http://thewealthforums.com/2017/01/20/warning-on-trumponomics/

Question mark over Chinese data

China’s economy grew by 6.7% in 2016, compared with 6.9% a year earlier, according to official data, marking its slowest growth since 1990. The figure is in line with Beijing’s growth target of between 6.5% and 7%. But the data comes days after the leader of one Chinese province admitted GDP data was faked for several years.  READ MORE: http://thewealthforums.com/2017/01/20/question-mark-chinese-data/

 

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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