Your Capital Gains Policy Likely Unconstitutional, ‘Never Going to Happen’
CNBC host Joe Curnen said that Harris-Waltz's unrealized capital gains tax policy is “probably unconstitutional” while interviewing economic adviser Bharat Rama on CNBC's “Squawk Box” on Wednesday. A partial transcript follows: CO-HOST REBECCA QUICK: Taxing unrealized gains doesn't seem fair in any sense, but in the best sense, taxing unrealized gains brings forward the tax […]
Economists slam Biden-Harris proposal to tax unrealized capital gains
The Biden administration’s proposal to tax unrealized investment gains, which the Harris campaign has voiced support for, is “insane” and “absurd,” the economist told Fox News Digital. The Biden-Harris administration’s Treasury Department released its revenue proposal for fiscal year 2025 in March. The list of tax proposals includes a plan to include unrealized investment gains […]
Indonesia’s new capital isn’t ready yet. The president is celebrating Independence Day there anyway
Indonesia marked the 79th anniversary of its independence on Saturday with a ceremony in its unfinished future capital, Nusantara, which was planned to relieve Jakarta of the burden but construction is running behind schedule. Construction cranes were visible as hundreds of government officials and guests dressed in traditional Indonesian tribal dress gathered on a grassy […]
Here’s why it’s Ethereum vs Bitcoin in the macro capital markets now – AMBCrypto News
Ethereum lags behind Bitcoin in institutional demand Ethereum holds a strong lead over Bitcoin in one key area. The spot Ethereum ETF may have brought some excitement to the market, but the enthusiasm has not been on par with that seen with Bitcoin, which is consistent with Bitcoin’s promotion by the political elite. This observation […]
Bangladesh students call for march to capital Dhaka a day after clashes kill nearly 100 people | Bangladesh
Student protesters in Bangladesh defied a nationwide curfew on Monday and called for a march to the capital, Dhaka, to pressure Prime Minister Sheikh Hasina to resign, after nearly 100 people were killed in deadly clashes in the country the previous day. The country has been engulfed in protests and violence after student groups last […]
Paramount Global receives competing bid of up to $43B from Apex Capital
Investment firm Apex Capital Trust said Wednesday it had submitted a competing proposal to acquire Paramount Global for up to $43 billion in an all-cash deal. Paramount has a 45-day “go-shop” period during which it can secure new deals following its merger deal with David Ellison’s Skydance Media. Paramount and National Amusements did not immediately […]
Indonesia president begins working from new capital despite construction delays | Indonesia
Indonesian President Joko Widodo has opened work on the presidential palace in the country’s ambitious new administrative capital, a flagship project of his two terms in office that has been plagued by delays. The capital is set to move from traffic-choked, sinking Jakarta to the planned city of Nusantara in East Kalimantan province on Borneo […]
Trump pledges to make US ‘the crypto capital of the planet’ during speech at world’s largest Bitcoin conference
Donald Trump delivered a keynote speech at the world’s largest bitcoin conference on Saturday, a strategic move aimed at positioning himself as the presidential candidate who will help the struggling bitcoin industry avoid excessive federal scrutiny. Speaking to a crowd of more than 10,000 at the Bitcoin 2024 conference in Nashville, Tennessee, the Republican presidential […]
Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital – TradingView
Bitcoin prices have surged over the past seven days, climbing back into the $61,000 to $67,000 zone where they spent most of the second quarter. This strong run has come despite FUD (fear, uncertainty, and doubt) caused by speculation about Mt. Gox repaying customers. Interestingly, recent trading data has led QCP Capital, a well-known trading […]
Capital One Savor Card Closes To New Applicants – One Mile at a Time
In the interest of full disclosure, OMAAT earns a referral bonus for those who are approved through one of the links below. These are the best publicly available offers we found for each product or service (terms and conditions apply). Opinions expressed here are the author’s alone and are not those of any bank, credit […]