New York’s “fiscal cliff”, as it has been termed, leads to the absurd result that you would end up with less after taxes on a seven and a half million dollar estate than on a seven million dollar estate. The “Santa Clause” is intended to avoid the tax “fiscal cliff” by provi...
First, a “refundable credit” isactually government spending. So the new law would be a direct handout for media companies. Second, itshould be obviouswhy New York’s Democrats want to subsidize a sector that acts as cheerleaders for big government. Third, the law is written in a way tha...
New York’s “fiscal cliff”, as it has been termed, leads to the absurd result that you would end up with less after taxes on a seven and a half million dollar estate than on a seven million dollar estate. The “Santa Clause” is intended to avoid the tax “fiscal cliff” by provi...
The bill is nowhere close to becoming a law at this time. It is currently in a congressional committee, where it will be marked up before a committee vote. It then has to move through the House of Representatives and, if passed, go to the Senate for the same procedure. After all...
Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) - Bank of NY Mellon joined the rush by top-tier financial services firms to bet on digital currencies such as bitcoin on Thursday, saying it had formed a new u...
In recent years, due to the impact of factors such as geopolitics and foreign exchange policy adjustments, the currencies of some host countries where the company operates experienced extraordinary fluctuations, and the exchange rate of these currencies against the US dollar has dropped sharply, ...
After 34 Years, We Again Have A Bill To Relink The Dollar To Gold April 6, 2018 The Yellen Gold Standard April 2, 2018 Charles Adams Explains Why We Need Trump’s “Phase 2” March 20, 2018 Economic Nationalism March 18, 2018 Larry White and David Glasner on: “Should We Resto...
Dollar in the Age of Digital Transformation, 2022. Bank for International Settlements, Central Bank Digital Currencies: system designs and interoperability, Basel, 2021, 4. Norges Bank, Central Bank Digital Currencies, cit., 5, 13. So-called Commercial Bank Money are a classic example of ...
Then the government realized that the chief enemy of the RMB was no longer KMT’s JinyuanjuanFootnote 33 (bank note based on US dollar reserve), which had lost their credit base as the old regime collapsed, but the silver coins, which had a long history of circulation and potential of ...
That figure represented virtually every dollar the state was not legally obligated to pay out for the remainder of the year. In Bagger’s words, it was “everything that wasn’t nailed down.”“By doing that so quickly and so dramatically, and by executive action, it really set the stage...