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Global Asset Allocation
document IMAGES-009-HOUSE_OVERSIGHT_026575.txt Nov 9, 2012 House Oversight Committee — Epstein Estate Records (Nov 2025)

…rive the dollar up 3%-5% versus commodity currencies, given typical patterns during global growth shocks. Even if these tax increases are reversed later in the year, the first response would be a higher USD versus all currencies but the yen, given how long that investors are of c...

Smart analysis on big tech -- Apple section highlighted
email TEXT-002-HOUSE_OVERSIGHT_032806.txt Sep 13, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…icy proposal on regulating the tech industry. • Democratic Senator Bernie Sanders proposed the "BEZOS Act", which would tax corporations one dollar for every dollar low-wage workers receive in government health- care benefits or food stamps. • The E.U. Parliament voted 438 to 226...

CAPITAL CHAPTER IV U.S. Legal Landscape
document IMAGES-008-HOUSE_OVERSIGHT_024703.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ections critical to many U.S. businesses are not available to cannabis companies. Cannabis companies pay federal income tax at effective rates significantly higher than other businesses. Despite official prohibition, federal policies and laws recently passed by the U.S. Congress...

Exhibit 24: US Real GDP During the Longest Post-WWII Recoveries
document IMAGES-003-HOUSE_OVERSIGHT_014561.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…s the probability of a recession in 2017 at 23%. Once we incorporate the likely passage of a fiscal stimulus package of tax cuts and infrastructure investments in the latter half of 2017, the probability of a recession this year declines to about 15%. Rising Influence of Populis...

Sent: 9/22/2013 2:08:00 PM
email TEXT-001-HOUSE_OVERSIGHT_030881.txt Sep 22, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

…tional arena and has undermined its sovereignty. Also watched some other videos of him - Bruno attacks Hollande for his tax policy and excuses him for "not knowing what he is doing".. On Sun, Sep 22, 2013 at 7:39 AM, Jeffrey Epstein <[email protected]> wrote: http://video.lef...

Summary of Open Trades (19-Jun-17)
document IMAGES-003-HOUSE_OVERSIGHT_014992.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…lized vol What if QE hits its limit? Long NKY vol outright which is cheap to carry With fiscal stimulus and potential tax cuts, small caps revert to old normal generating higher vol on upside and downside relative to large caps Vol and price technicals are attractive. BofAML c...

It would be nice to test from such a dataset, again starting from (4.6), to see if free
document IMAGES-001-HOUSE_OVERSIGHT_011014.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… free growth in national accounts and stock market data? Lawmakers would probably demand a recount or an investigation. Tax laws discourage consumption and dividends to encourage growth. Yet data show that lower consumption rate coincides as often with lower as higher capital gro...

Ou. you reach Phase III and have some cash flow, it’s time to re-evaluate your customers and thin
document IMAGES-002-HOUSE_OVERSIGHT_013929.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ot accept payment via Western Union, checks, or money order. 2. Raise wholesale minimums to 12-100 units and require a tax ID number to qualify resellers who are real businesspeople and not time-intensive novices. Don’t run a personal business school. 3. Refer all potential res...

Summary of Open Trades (5-Jun-17)
document IMAGES-007-HOUSE_OVERSIGHT_023597.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ized vol What if QE hits its limit’? Long NKY vol outright which is cheap to carry With fiscal stimulus and potential tax cuts, small caps revert to old normal generating higher vol on upside and downside relative to large caps Vol and price technicals are attractive. BofAML c...

Assume the following additional facts
document IMAGES-007-HOUSE_OVERSIGHT_022567.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…est to meet with Principal 1 to discuss the off-shore company and account, assuring him that it was done for legitimate tax purposes and complaining that if Company A continues to “harass” Local Partner and Distributor, they would partner with Company A's chief competitor. The co...

TAL Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024812.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ocused on venture capital fund formation, early stage company financings, mergers and acquisitions and related areas of tax and securities law. He has advised dozens of VC firms on fund and management-level structuring and portfolio company investment transactions, and has advise...

Privileged and Confidential
email TEXT-001-HOUSE_OVERSIGHT_013415.txt Sep 18, 2009 House Oversight Committee — Epstein Estate Records (Nov 2025)

…r, Page 2 of 3 HOUSE OVERSIGHT 013424 Heiress quizzed in sex suits - NYPOST.com 4/6/11 1:51 PM Initiative Conference, a tax dodge for the rich and a front for the sexual deviants. The place was no doubt under surveillance by the IRS and the FBI Pedophile unit. 1 2 Next* Last* You...

The pay rule joins free growth theory and the Y rule as the three major surprises
document IMAGES-001-HOUSE_OVERSIGHT_010956.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…sed in my title. Recovery of human depreciation in pay changes a lot of equations. It does not impact public policy and tax laws as radically as free growth theory, but I will argue that it impacts them enough. Even if it didn’t, itis probably the most startling assertion in this...

Drilldown on USA Inc. Financials
document IMAGES-006-HOUSE_OVERSIGHT_020850.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… at history... — Annual growth in revenue of 3% has been roughly in line with GDP for 40 years* while corporate income taxes grew at 2%. Social insurance taxes (for Social Security / Medicare) grew 5% annually and now represent 37% of USA Inc. revenue, compared with 19% in 1965....