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Capital gains aren’t just for rich people. Anyone who sells a capital asset should know that capital gains tax may apply. And as the Internal Revenue Service points out, just about everything you own qualifies as a capital asset. That’s the case whether you bought it as an investment, such as stocks or property, or… 
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Fans of virtual currencies congregate in some places and not in others. There’s now a way to pinpoint crypto intensity in the U.S. From circumstantial evidence, you can conclude that if you’re in an area that shows up on a crypto heat map, you’re probably surrounded by taxpayers who are young, rich or employed as coders. Not surprisingly, California leads in the number of locales where a high percentage of the population owns bitcoin or one of its competitors. But in a state-by-state ranking, Washington beats California.
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High blood pressure might sound like a disease of rich nations, but in a report released today during the United Nations General Assembly, the WHO said that three-fourths of people living with hypertension reside in low- and middle-income nations.
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Eating a diet rich in calcium can help prevent osteoporosis and keep your bones stronger for longer. Image Credit: YakobchukOlena/iStock/GettyImages There’s no bones about the fact that your …
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On February 22, as hundreds took to the streets of Mariupol, Ukraine to protest Russia’s approach, the country’s richest person Rinat Akhmetov reaffirmed his loyalty to his nation and its governmen…
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On Saturday, Elon Musk promised to sell 10% of his Tesla stake after 58% of people voted in a Twitter poll shared by the Tesla CEO. Yesterday, Musk began to follow through, exercising about 2.15 million Tesla stock options and selling shares to cover the taxes he owed as a result. Prior to this week, he has only ever sold Tesla shares twice—in 2010 and 2016—for pre-tax proceeds of $617 million ($593 million of that went to cover taxes he owed on options). Tesla’s stock has risen over 13,000% since his last sale, and Musk is now worth an estimated $281 billion (based on Wednesday’s closing price).
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A federal judge has given Mark Zuckerberg and Facebook investors a trillion or so reasons to smile. Judge James E. Boasberg on Monday tossed aside several antitrust cases brought by the FTC and sta…
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Getty Ever heard the phrase 'the rich stay rich by pretending to be poor, and the poor stay poor by pretending to be rich?' It's a simple enough concept to understand, yet somehow, some of us just can't stop frivolously spending our hard-earned cash on Iced Vanilla Frappes or fancy overpriced cupcakes for the sake…
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Capital gains aren’t just for rich people. Anyone who sells a capital asset should know that capital gains tax may apply. And as the Internal Revenue Service points out, just about everything you own qualifies as a capital asset.
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Getty Images Joe Mollick had spent much of his life dreaming of becoming a rich and famous oncologist, a luminary of cancer treatment, the man who would cure the disease for good. It was a quixotic…
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(Image credit: HBO) Quiet “stealth-luxe” fashion is dominating runways and TV screens – but why now? Clare Thorp explores the low-key, under-the-radar world of stealth wealth. If you…
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Over the past decade, rich nations and private enterprises have raised at least $500 billion to help developing countries cope with climate change. This financing plan, hatched in 2009, was suppose…
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milena stephen's curator insight,
November 21, 2021 10:32 PM
I really like the idea of creating a plan to raise money for developing countries to spend on counteracting the effects of climate change. However, I don't know how effective it will really ever be since a lot of developing countries are controlled by corrupt governments that don't use the money they have to help the people. Like the article said, the money that is meant to be designated for climate change is very hard to track and there are countless loopholes that could be used to avoid using the money to really help the environment.
harris woody's curator insight,
November 22, 2021 8:17 AM
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For wealthy Americans worried about higher taxes, the future is looking bleaker. It’s all but inevitable that the Biden administration, as well as lawmakers at the state level, will target milliona…
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