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Biden wants to raise $1.5 trillion by taxing the rich. Here's how

President Joe Biden's American Families Plan would raise taxes on the top 1%. It would increase the levy on their capital gains and ordinary income.

4 years ago

DeFi Users Explode as ETH Makes New Highs

The Defiant | Dan Kahan | Apr 29, 2021 ETH is breaking new all-time highs of just under $2,800 on Thursday, and the breathtaking rally from $200 a year ago is coming with a boom in users. MetaMask said it has surpassed the 5M monthly active users milestone, while a popular Dune Analytics dashboard shows


The post DeFi Users Explode as ETH Makes New Highs first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

SEC enforcement chief resigns over role in Indonesian torture case

Politico | Kellie Mejdrich and Zachary Warmbrodt | Apr 28, 2021 Alex Oh said in a resignation letter that she was leaving because of a "development" in a case on which she worked as a corporate lawyer. SEC Chair Gary Gensler's pick to serve as the agency's enforcement director resigned unexpectedly on Wednesday amid mounting


The post SEC enforcement chief resigns over role in Indonesian torture case first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Tesla Sold Some Bitcoins

Bloomberg Opinion | Matt Levine | Apr 28, 2021 Tesla Bitcoin I wrote back in February: A funny thing for Elon Musk to do would be: Tesla Inc. buys some Bitcoin. 2. Tesla announces that Bitcoin is good now and that it bought some. 3. The price of Bitcoin goes up, because institutional adoption of


The post Tesla Sold Some Bitcoins first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

A third of Americans file taxes at the last minute. Why that might be a bad idea

The May 17 income tax deadline is just weeks away. If you haven't submitted your information to the IRS, you need to do it soon.

4 years ago

How Biden's capital gains proposal may hit middle-class home sellers in red-hot markets

President Joe Biden is proposing a capital gains tax increase for households making over $1 million. The change may also impact home sellers.

4 years ago

Biden’s American Families Plan could make free college a reality

President Biden promised to make community college tuition-free. Now he is pushing Congress to enact legislation doing just that.

4 years ago

Hotel rates on the rise as travel demand ticks up

Travel technology firm Koddi says hotel and resort rates, while still lower than a year ago, are slowly ticking back up along with demand.

4 years ago

Enphase Energy posts record quarter. Stock slides as management warns of chip shortage pains

Shares of Enphase are under pressure after the company beat estimates, but warned that supply constraints will affect the remainder of the year.

4 years ago

Workers could get 12 weeks of paid leave under Biden's plan. Here are the details

Biden is calling for a paid leave policy that would compensate workers for 12 weeks while they took care of children or parents or healed from an illness.

4 years ago

More $1,400 stimulus checks are sent as the IRS processes tax returns

A seventh batch of economic impact payments has been sent. Here's who the government continues to owe money to.

4 years ago

Enphase Energy posts record quarter, but stock slides as management warns of chip shortage pains

Shares of Enphase were under pressure after the company beat estimates, but warned that supply constraints will affect the remainder of the year.

4 years ago

SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest

CNBC | Yun Li | Apr 21, 2021 Key Points After a record of 109 new SPAC deals in March alone, issuance has now come to almost a standstill with just 10 SPACs in April, according to data from SPAC Research. The SEC issued accounting guidance that would classify SPAC warrants as liabilities instead of equity


The post SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Canada: Budget 2021’s Impact On The Canadian Financial Sector

Tory's LLP | Blair W. Keefe , Brigitte Goulard , Peter Aziz , Eli Monas and Marissa Daniels  | Apr 21, 2021 On April 19, Parliament tabled the federal budget (Budget 2021), which included a number of measures to be introduced affecting financial institutions. What you need to know Budget 2021 contains a number of


The post Canada: Budget 2021’s Impact On The Canadian Financial Sector first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Biden tax plan could save some families nearly $15,000 a year on child care

Biden's tax plan would spend $225 billion on high-quality child care and ensure families only pay a portion of their total income for child-care services.

4 years ago