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DDA Tries To Lure Hedge Funds Worries About Tax Changes, Including Steven Cohen

DDA Tries To Lure Hedge Funds Worries About Tax Changes, Including Steven Cohen

The Miami Downtown Development Authority hosted a party during Art Basel, in an attempt to lure Hedge Funds to relocate to Miami.

The upcoming tax reform that is likely to negatively affect those living in Northern states was highlighted.

Some of the invitees have expressed interest in relocating to Miami due to proposed tax changes. Under bills currently working through congress, deductions for local and state taxes would end. Residents of New York and other northeast states will pay much higher net rates, and there has been talk of an exodus, according to Bloomberg.

Hedge fund billionaire Steven Cohen and famed short seller Jim Chanos were among the invitees to the DDA event, according to a list obtained by The Next Miami.

The party took place at the Perez Art Museum on Friday, December 8.

 

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29 Comments on "DDA Tries To Lure Hedge Funds Worries About Tax Changes, Including Steven Cohen"

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Anonymous
Anonymous

Good…. Now if only we could entice corporations to relocate here and offer high paying jobs…. Will be challenging given our lack of transportation options….

Anonymous
Anonymous

Transportation is not the problem. The problem is the education level of the working class in Miami and the lack of the ability of so many in speaking fluent English.

emilio estefan
emilio estefan

lotsa challenges. the ridesharing drivers are a total disaster down here. it’s dangerous being in the car with many of them. no english at all. metrorail and metromover are regularly late and broken. we’ve gotta start actually spending those impact fee $$

Ilovearchytectures
Ilovearchytectures

Great, with their votes and their liberal policies they created those high taxes states
Now they move here, vote liberal and in 5 years with will spend 57cents on the dollar on taxes !!!

Bring them here, but before they relocate, teach them why we have less unemployment and less taxes than their estates

Anonymous
Anonymous

Yep, we need good committed people, not carpetbaggers.

Ilovearchytectures
Ilovearchytectures

They work hard, don’t they?

Anonymous
Anonymous

you don’t know which side you’re on, do you?

Anonymous
Anonymous

I don’t know why you liberals are downvoting his comment, clearly these liberals are leaving their high tax areas yet want to vote for the same policies that caused high taxes.

Anonymous
Anonymous

Liberals! Liberals! Liberals! The boogie man is coming!

Ilovearchytectures
Ilovearchytectures

No, the high taxes, redistribute and very rich people are coming!!!!!!

Anonymous
Anonymous

No, the dummy in the White House who watches TV for eight hours and Tweets for six is coming to take your tax dollars so he can build his wall along our border with Mexico.

Anonymous
Anonymous

You also clearly didn’t read the Bloomberg article which clearly shows this is a response to the Republican tax bill–are Trump and the Republicans the liberals you’re afraid of?

Anonymous
Anonymous

You’re right… these ignorant Cons don’t read or pay attention to what their party does to them. I remember when Reagan and Bush were shouting their “no new taxes” monologue. And then they said instead people will now be charged “user fees.” Idiotic republicans thought that that was the greatest idea since voting. I said to them, “dummies, not only will you be paying taxes on like, say, National Parks, they will now start charging you fees to enter it if you want to visit or camp there too.”

But needless to say, I wasting breath on brainless zombies.

Anonymous
Anonymous

Your part of the side that panders to thugs that will rob and kill you liberals when you all turn the wrong street in your trendy gentrified areas. Even with the new wonders of the new tax plan the states in these blue states will still be high and the bastard sons of single mothers receiving government assistance will run amuck in the streets and they’re guarded by their shield of “racism” you liberals have given them.

Ilovearchytectures
Ilovearchytectures

You most be a liberal when you insult without having a decent argument, you most be in college…. no more intelectual discussions just insults

Anonymous
Anonymous

Man, Hey ILovearchytectures, must everything you write be a garbled mishmash of unintelligible rambling?

Ilovearchytectures
Ilovearchytectures

I’m a college graduated, what do you expect after 4 years of liberalism and no Shakespeare

Anonymous
Anonymous

Yep… you cons do think that college and intelligence is a liberal conspiracy.

Ilovearchytectures
Ilovearchytectures

After 8 years the GPD is 3.3 again!!! Yey!!!

Ilovearchytectures
Ilovearchytectures

And unemployment is going down, and for those that complain about building the wall, see the you tube video of Bill Clinton from 1995!!!!
Very refreshing !!! He said the same thing about illegal immigration (;-)

Anonymous
Anonymous

unemployment has been going down since President Obama and the Democrats took over from those “masters of disaster” George Bush and the republicons. If don’t believe me, do some research on your own if you can stomach the truth.

This is still Obama’s economy.

Ilovearchytectures
Ilovearchytectures

Really? It got speed in the moment he left!!

Anonymous
Anonymous

I would suggest you leave political discussions to those who actually know what they’re talking about. You, clearly, do not.

Ilovearchytectures
Ilovearchytectures

And still they have the nerve to blame the high taxes to ( I’m not going to be offensive , like the other commenter that used the word Idiotic) Republicans !!!

Anonymous
Anonymous

The Democrats are the one who brought this economy back from the death spiral George Bush and his cronies sent it on.

Ilovearchytectures
Ilovearchytectures

Spending 10 trillions dollars in 8 years, who doesn’t?

Anonymous
Anonymous

Hey Ilovearchytectures, ask your boy Trump what thinks about George Bush Jr and his very, very expensive war.

Anonymous
Anonymous

I’m sure a majority of those New Yorker’s already own condos in Miami.

Ilovearchytectures
Ilovearchytectures

Bring them here!! One day, very soon, we will impeach this lunatic of Trump, but we will have to work hard all together, Democrats and liberals , to slow down the economy again! And we all happily pay more taxes, like Hollywood elite never pays.