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Facebook’s co-founder, Eduardo Saverin, is giving up his US citizenship to become a resident of Singapore, where residents pay no capital gain taxes. Brian Sullivan and Amanda Drury CNBC via MSNBC 5/11/2012 Eduardo Saverin, one of four co-founders of Facebook, has renounced his U.S. citizenship. The move may reduce his tax bill following the initial […] May 11th, 2012 | Tags: capital gains tax, Eduardo Saverin, Facebook, IPO, Singapore, stocks | Category: Asia, Economy, Taxes, United States | Comments are closed
Jack Hough Smart Money 3/26/2012 …Unless Congress takes action, the top tax rate for the highest earners on most dividends, currently 15%, is set to jump to a whopping 43.4% next year. That is a maximum income-tax rate of 39.6% — since dividends will once again be taxed as regular income — plus a 3.8% […] March 26th, 2012 | Tags: dividends, stocks | Category: Congress, legislation, Taxes | Comments are closed
Roger L. Simon The PJ Tatler 3/19/2012 The big news in the business world today was the announcement by Apple that they were finally giving a dividend ($2.65 quarterly) as well as the opportunity for a stock buy back of as much as ten billion. (Apple holds close to 100 billion in cash.) Apple stock […] March 19th, 2012 | Tags: Apple, foreign investments, profit, stocks | Category: Computers, Economy, Taxes, technology, United States | Comments are closed
Terence P. Jeffrey CNSNews.com 10/3/2011 First Lady Michelle Obama said at a fundraiser in Providence, Rhode Island, on Friday night that a bank where Barack Obama’s grandmother had worked discriminated against her for nearly two decades “because she was a woman.” However, the Washington Post reported earlier this year that Obama’s grandmother, Madelyn Dunham, had […] October 3rd, 2011 | Tags: class warfare, hypocrisy, lies, Madelyn Dunham, Providence, sexism, stocks | Category: Barack Obama, Economy, Hawai'i, Media accountability, Michelle Obama, Rhode Island, Socialism, Taxes | Comments are closed
Joe Weisenthal Business Insider 11/30/2010 Don’t look at the dollar rising against the euro, because the euro has its own issues right now. Look at the dollar collapsing against the yen (not to mention the ONE TRUE CURRENCY) Lots of strange stuff happening. The terrifying graphic is at Business Insider. November 30th, 2010 | Tags: currency, Euro, gold, Japanese Yen, stocks, U.S. Dollar | Category: European Union, Federal Reserve, United States | Comments are closed
Brody Mullins, Tom McGinty, and Jason Zweig The Wall Street Journal 10/11/2010 WASHINGTON—Chris Miller nearly doubled his $3,500 stock investment in a renewable-energy firm in 2008. It was a perfectly legal bet, but he’s no ordinary investor. Mr. Miller is the top energy-policy adviser to Nevada Democrat and Senate Majority Leader Harry Reid, who helped […] October 11th, 2010 | Tags: Congressional staff, insider trading, investments, stocks | Category: Congress, Economy, Ethics | Comments are closed
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