Not exact matches
Until the 1970s, the investment landscape was largely dominated by
wealthy individuals and families; this has since changed markedly, with professional investors now accounting for the largest share of investment activity, though it should be
noted that these professionals manage significant mutual fund asset pools that are driven by retail investors.
It cut corporate taxes and
individual income taxes by $ 1.5 trillion, but Democrats
note its benefits were skewed toward the
wealthy and that limits on the deductibility of state and local taxes are a particular burden to a high - tax state like New York.
Daren Blomquist, the vice president of RealtyTrac,
notes that this housing market is so pricey for area workers because «it's a resort market where most of the buyers are
wealthy individuals coming in from the outside, making the real - estate market less dependent on local wage earners.»