Keeping up with this month’s theme of environmental, social, and governance (“ESG”) considerations, Pathstone’s HerPath Committee would like to take this opportunity to touch on an important ESG topic—gender diversity and equality—specifically related to women-owned businesses and entrepreneurship.

Pathstone prides itself on being an advocate of environmental, social, and governance (ESG) criteria in business and socially responsible investing, however, our dedication to these values doesn’t end with our investment advice.

On May 28, 2021 the Treasury Department released its General Explanations of Tax and Revenue Proposals (known as the “Green Book”) as part of President Biden’s fiscal year 2022 Budget. As anticipated, the Budget proposes numerous ambitious and aspirational tax reforms that generally echo President Biden’s 2020 campaign platform, including targeting high-income individuals with tax hikes; extending certain tax benefits to low and middle-income taxpayers; promoting housing, infrastructure, and clean energy; and reforming the corporate and international tax systems.