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A short seller vs. Chamath Palihapitiya
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. It’s the special purpose acquisition craze meeting the GameStop insanity. On Thursday, Hindenburg Research, the short-selling firm known for flagging issues with electric car company Nikola last year, released […]
Friday feedback: Tax and PACs
Good morning. It’s Friday, so some feedback. Former IRS Commissioner Charles Rossotti weighed in after my Wednesday post suggesting President Biden’s spending plans will have to be financed by debt or new taxes. There’s another way, he says—collecting taxes already owed: “Our plan gets at the heart of the tax gap—upper income people who don’t pay what […]