Herb Jackson - Profile and Journalist Details
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Herb Jackson
Verified
Newsletter Editor, Bloomberg Industry Group
Washington
Beats
smartphones, consumer technologyvideo games, internet computers, software
economic development, sustainable food
Content
By Kim Dixon, Herb Jackson Verified| Daily Tax Report Verified Tribal Tax Credits Linked to IRS Nominee in SpotlightThe IRS should open a criminal probe into promoters of tax credits the agency itself has called nonexistent, top Senate Democrats say in a new letter to acting Commissioner Melanie Krause. Investors paid $24 million for the credits through March 2024, Bloomberg Tax reported last year.
By Kim Dixon, Zach Cohen Verified, Herb Jackson Verified| Daily Tax Report Verified Republicans Push Forward on Trump’s Social Security Tax PledgeRepublicans are plowing ahead with their plan to extend the GOP’s 2017 tax law along with enacting President Donald Trump’s campaign promises. But one of those promises in particular faces a big obstacle in the procedure Republicans are using to avoid the need for Democrats’ votes. Trump’s pledge to eliminate taxes on Social Security income runs up against the budgetary procedure that allows lawmakers to bypass the Senate filibuster.
By Kim Dixon, Herb Jackson Verified| Daily Tax Report Verified What Trump’s DEI Order Means for the IRSIRS efforts to combat racial bias in audits are likely to flatline due to President Donald Trump’s executive order to dismantle federal diversity, equity, and inclusion programs.
Company Info
Bloomberg Industry Group
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981