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🌱 Patch AM: The billionaire next door in Scarsdale is reshaping Wall Street taxes.

You won't want to miss Opening Reception: Does This Taste Funny? Humor in Contemporary Art on the Scarsdale Patch calendar

Tuesday September 1st Patch AM (Patch graphic)

Good morning Scarsdale! We're back again in your inbox, keeping you updated with what's happening in and around town. ☀️

Before we get to what's happening, a big thank you 👏👏👏 to these businesses for making Scarsdale PatchAM possible. Click here to show your appreciation! 💚

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In today's newsletter:

  • The billionaire next door in Scarsdale is reshaping Wall Street taxes.

Also on today's calendar: Opening Reception: Does This Taste Funny? Humor in Contemporary Art and 10 more events.

Today's riddle: What is the 1 way to guarantee winning a small fortune at the casino? 🤔 (Answer below!)

Weather forecast:

  • Tuesday: A heavy t-storm in the p.m., with a high of 82 and low of 65 degrees.
  • Wednesday: Not as warm with a shower, temps: high: 74, low: 69.
  • Thursday: Humid with a thunderstorm, with a high of 83 and low of 68 degrees.

📰 News we're reading

• How This Hedge Fund Billionaire Kickstarted Wall Street's Newest Tax Dodge (forbes.com) — A hedge fund billionaire behind a booming tax-avoidance strategy quietly lives in Scarsdale, highlighting how this Westchester suburb is home to some of Wall Street's newest fortunes. The story explains how his firm's complex long-short accounts help wealthy investors defer capital gains taxes, while raising questions about fees, leverage, and how the strategy might fare in a downturn.
   

📸 Around Scarsdale

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🗓 Upcoming Events in Scarsdale

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★ Featured events ★

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Other local events

📣 Scarsdale Shout Outs!

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Have we missed something on our calendar? Add an event yourself! As always, before attending confirm event details to ensure accuracy.

💬 Chatter

What your neighbors are talking about on social media

  • Take a moment to breathe, slow down and let life speak quietly.
    Sometimes all we need is a little fresh air and a little reflection (Nextdoor Scarsdale Post Road)
  • Sephora posted a job opening for Licensed Beauty Advisor - Part Time in White Plains. Apply here.
  • TradeJobsWorkforce posted a job opening for United Airlines Ticket Counter Agent in Tuckahoe. Apply here. You can search for other jobs near Scarsdale here.

🗞 Nearby News

White Plains

  • How can I get in touch with a flights representative quick? (yelp.com)

Eastchester

  • 8 wanted in Eastchester robbery, shooting (news12.com)

New Rochelle

  • Fugitive Who Fled Country To Evade Sex Abuse Allegations Nabbed After Getting Caught Speeding: Police (patch.com)
  • Public Libraries Open Unexpected New Doors, A Love Letter To The Hudson Valley (patch.com)

Ok Scarsdale! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!

-- The Patch AM Team

P.S. The answer to today's riddle: By starting with a large fortune. (Thank you Kourtney Z. for sending it in!)
Got a good riddle for PatchAM? Submit it here!

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