SignificantMarketsX (Twitter)·Scott Bessent
Tax rules should reward investment, not abusive financial engineering. @USTreasury welcomes innovation in our financial markets, but we will not turn a blind eye to abusive Wall Street tax dodges or tolerate products designed to exploit our federal tax code. If a tax pitch sounds too good to be true, then it probably is and investors should think twice. Treasury and the @IRSnews are examining Wall Street tax products that may exploit the tax code and tax strategies that may cross the line.
Impact Score
5/10
Wednesday, July 22, 2026 at 11:20 AM EDT
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