1. JPMorgan CEO Blasts Tax Breaks for Race Cars and Private Jets - and Says the Write-Offs Need to Stop

    JPMorgan CEO Blasts Tax Breaks for Race Cars and Private Jets - and Says the Write-Offs Need to Stop
    • JPMorgan CEO Jamie Dimon blasted tax breaks in his annual shareholder letter on Wednesday.
    • Dimon proposed major tax reforms to promote growth and address income inequality.
    • The comments come as President Biden proposes a corporate tax rate increase...
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    1. Then there's our tax code – buried in it are an extraordinary number of loopholes, credits and exemptions that aren't about competitiveness or good tax policy.
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