Biden’s Billionaire Tax Is Smart Politics for the Midterms

Biden’s Billionaire Tax Is Smart Politics for the Midterms

U.S. President Joe Biden answers questions along with Director of the Office of Management and Budget Shalanda Young after presenting his fiscal year 2023 budget proposal March 28 in the State Dining Room of the White House. (Photo by Anna Moneymaker/Getty Images) Subscribe to something The nation Subscribe now for only $2 a month! Thank … Read more

Second Life Game Defined as One of the Pioneers of Metaverse Has Been Taxed: Taxes Will Be Paid on Virtual Land Sales

Second Life Game Defined as One of the Pioneers of Metaverse Has Been Taxed: Taxes Will Be Paid on Virtual Land Sales

The virtual reality game second life, which is popular all over the world, defined as the pioneer of metaverse, has announced that taxes will now be applied on purchases that will take place in the game. This statement showed that similar situations can occur on other metaverse platforms. New news about the metaverse, which is … Read more

Spouses, taxes and crypto: The unanswered questions for Congress' stock trading ban

Spouses, taxes and crypto: The unanswered questions for Congress' stock trading ban

Wait, isn’t insider trading already banned? Following a “60 Minutes” expose of trades lawmakers made during the 2008 financial crisis, Congress in 2012 passed the Stop Trading on Congressional Knowledge Act. The law requires members and their spouses to disclose stock transactions and bars them from trading on nonpublic information “derived” from their official positions. … Read more