Month: January 2021

.@JoeBiden in October: “I have this strange notion, we are a democracy … if you can’t get the votes … you can’t [legislate] by executive order unless you’re a dictator. We’re a democracy. We need consensus.” pic.twitter.com/7UotJCXSm3 — Tom Elliott (@tomselliott) January 26, 2021 Mirrors: video.twimg.com/ext_tw_video/1354035193263353857/pu/vid/720×406/S3TgqAKkFOY7tfDJ.mp4?tag=10 video.maga.host/videos/watch/dcf1de71-7d71-4a21-a635-29519f4a21d1 h/t –Ponzo
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Regressive taxation systems are more likely to be found in developing countries or emerging market economies than in the economies of developed countries. The predominance of regressive taxation in less-developed countries is mainly due to the fact that regressive tax systems are generally simpler tax systems. Countries with less-developed economies overall are also countries likely
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The SECURE Act’s 10-year limit on tax deferral by retirement account beneficiaries has attracted advisors’ attention, but that far-reaching law also includes three annuity-related provisions — ones which “make it likely that annuities will become more prevalent in company plans,” says Mike Webb, vice president at Cammack Retirement Group in New York. The one Webb
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Capitol Building in Washington, DC getty Estate planning attorneys were inundated at the end of 2020 with year-end gifting. Many people felt that with Biden in the White House and the possibility of Democrats controlling both houses of Congress, the Trump-era tax reforms would be rolled back. In particular, the concern was that Democrats would
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Stocks have entered a kind of speculative frenzy… by Graham Summers of Gains, Pains, & Capital Stocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018.
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Authored by Sven Henrich via NorthmanTrader.com, Oh dear, the Fed has a problem. It’s one thing to deny a bubble when it’s only cranks like me on Twitter pointing out the unfolding market distortions. Yet bubble talk is now all the rage from Bloomberg, the FT, and others. Indeed Chineses stocks got in trouble last night
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Topps Digital released their latest line of NFT collectibles today, featuring Senator Bernie Sanders and his winter mittens as the subject of the promotional series.  The collectibles, dubbed “GPK Bernventures,” are digital packs containing two non-fungible tokens issued on the WAX blockchain. The card drawings are in the style of Topps’ long-running Garbage Pail Kids
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HUD-approved housing counselors can discuss options with homeowners who are having trouble paying … [+] their mortgage. getty The Federal Housing Administration announced Tuesday that it will carry out President Joe Biden administration’s request to extend the deadline for financially stressed borrowers with FHA-insured mortgages to seek mortgage payment forbearance from their mortgage servicers. The new deadline
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As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency miners, however, appears to contradict the country’s previous policies towards cryptocurrency mining. The Real
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