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Articles for Unrealized

Leftist-socialist policies drive entrepreneurs out of Norway
3 weeks, 5 days ago

Leftist-socialist policies drive entrepreneurs out of Norway

Op India  

Why does the left boasts to be ‘progressive’ in life, while its economic policies reek of regressiveness? Face unrealized gains wealth tax bill of many x my… https://t.co/59cRJMBxXn — hagaetc.eth November 16, 2024 Additionally, in an intriguing turn of events, Haga’s response received millions of views, including from Elon Musk, American businessman Marc Andreessen, along with entrepreneur and investor Paul …

India Oil Money Entrepreneurs Policies Norway Norwegian
Vivek Ramaswamy warns, Kamala Harris' tax plans will lead US to an ‘economic calamity’
4 months ago

Vivek Ramaswamy warns, Kamala Harris' tax plans will lead US to an ‘economic calamity’

Hindustan Times  

Vivek Ramaswamy has issued a stark warning about the economic dangers he believes would arise if Vice President Kamala Harris is voted into power and implements her proposed tax strategy. At the centre of his concern is Harris’s support for a tax on unrealised capital gains—a policy that could, according to Ramaswamy, trigger an economic calamity. In 2022, they proposed …

Tax Capital Biden Kamala Harris This Policy Ramaswamy 20 Percent
Column: No, folks, Harris isn’t planning to tax your unrealized capital gains — but a wealth tax is still a good idea
4 months ago

Column: No, folks, Harris isn’t planning to tax your unrealized capital gains — but a wealth tax is still a good idea

LA Times  

That fetid gust of hot air you may have detected wafting from Republican and conservative social media postings over the last day or two was a fabricated claim that Kamala Harris is plotting to tax everyone’s unrealized capital gains if she becomes president. That’s your unrealized capital gains taxed owed under the Kamala Harris proposal.” And Chicago venture investor Robert …

Tax Wealth Assets Income Capital Capital Gains Harris
Alito urged to recuse from case that could preemptively ban federal wealth tax
1 year, 4 months ago

Alito urged to recuse from case that could preemptively ban federal wealth tax

Raw Story  

U.S. Supreme Court Justice Samuel Alito is facing growing calls to recuse himself from a case that could hamstring Congress' ability to enact a federal wealth tax, a policy that progressive lawmakers and economists say is needed to rein in out-of-control inequality. Late last week, Democrats on the Senate Judiciary Committee sent a letter urging Chief Justice John Roberts to …

Justice Tax Court Wealth Congress Case Moore
"Even more financial chaos": Latest hike by Fed "risks throwing millions of Americans out of work"
1 year, 9 months ago

"Even more financial chaos": Latest hike by Fed "risks throwing millions of Americans out of work"

Salon  

This article originally appeared at Common Dreams. Fed Chair Jerome Powell told reporters Wednesday that although the Federal Open Market Committee "did consider" a pause on rate increases following the Silicon Valley Bank and Signature Bank failures, officials ultimately decided to raise the federal funds rate to a range of 4.75-5%, the highest level since 2007. "The Fed under Chair …

Bank Interest Rates Interest Billion Hike Fed Rate
SVB collapse fallout: Moody’s downgrades six US banks
1 year, 9 months ago

SVB collapse fallout: Moody’s downgrades six US banks

Hindustan Times  

Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest sign of concern over the health of regional financial firms following the collapse of Silicon Valley Bank. A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California …

Bank Silicon Valley Bank First Republic
Silicon Valley Bank collapse: Moody’s puts 6 US banks under review
1 year, 9 months ago

Silicon Valley Bank collapse: Moody’s puts 6 US banks under review

Live Mint  

Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest sign of concern over the health of regional financial firms following the collapse of Silicon Valley Bank. The move comes after US bank stocks were pummeled, even as the government rescued SVB’s depositors and unveiled a new lending facility to support lenders’ …

Bank First Republic
No Acknowledgement Of Liability Based On An Unrealized Cheque: NCLAT Chennai
1 year, 10 months ago

No Acknowledgement Of Liability Based On An Unrealized Cheque: NCLAT Chennai

Live Law  

The National Company Law Appellate Tribunal, Chennai Bench, comprising of Justice M. Venugopal and Ms. Shreesha Merla, while adjudicating an appeal filed in M/s. UCAL Fuel Systems Ltd., has held that a cheque which has not been encashed, cannot amount to an ‘acknowledgement of liability’ in terms of Section 18 of the Limitation Act, 1963. The Operational Creditor submitted that …

Corporate Corporate Debtor Operational Limitation Liability Bench Nclat
Unrealized sale proceeds have to be excluded from export turnover as well as total turnover: ITAT
2 years, 1 month ago

Unrealized sale proceeds have to be excluded from export turnover as well as total turnover: ITAT

Live Law  

The Mumbai Bench of the Income Tax Appellate Tribunal has held that unrealized sale proceeds have to be excluded from an export turnover as well as total turnover.The two-member bench headed by Mahavir Singh and G. Manjunatha has directed the AO to re-compute deduction by excluding unrealized sale proceeds from an export turnover as well as. The Mumbai Bench of …

Sale Export Total Turnover Proceeds Itat Unrealized
EXPLAINER: How would billionaire income tax work?
2 years, 8 months ago

EXPLAINER: How would billionaire income tax work?

Associated Press  

WASHINGTON — A “Billionaire Minimum Income Tax” is included in President Joe Biden’s fiscal year 2023 budget proposal — part of the administration’s effort to reduce the federal deficit over the next decade and fund new spending. The budget proposes that households worth more than $100 million pay at least 20% in taxes on both income and “unrealized gains”— the …

Proposal Pay Income Billionaire Biden Tax Rate
Biden to propose new minimum tax on wealthiest Americans
2 years, 8 months ago

Biden to propose new minimum tax on wealthiest Americans

Live Mint  

WASHINGTON : President Biden will propose a new minimum tax on households worth more than $100 million as part of his annual budget, the White House said Saturday, in a bid to ensure the very wealthiest Americans pay at least 20% in tax on their income and rising asset values each year. The biggest chunk of money in the new …

Tax Taxes White House Assets Proposal Income Democrats
Elon Musk loses $50 BILLION as Tesla shares slide 12%
3 years, 1 month ago

Elon Musk loses $50 BILLION as Tesla shares slide 12%

Daily Mail  

Elon Musk has lost $50 billion this week after shares of his company Tesla Inc. plunged for a second straight day on Tuesday, marking the company's biggest two-day loss in the history of the stock, after the CEO polled Twitter to ask if he should sell off some of his stake. Musk, 50, poised a question to his horde of …

Social Media Tax Tesla Stock Musk Elon Musk Biden
Elon Musk tweets to ask if he should sell 10% of his Tesla stock
3 years, 1 month ago

Elon Musk tweets to ask if he should sell 10% of his Tesla stock

Firstpost  

Some Democrats have been pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if they don’t sell any shares. New York: Tesla CEO Elon Musk is asking on Twitter whether he should sell 10 per cent of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on billionaires …

Tesla Stock Sell Musk Tweets
Elon Musk tweets to ask if he should sell some Tesla stock
3 years, 1 month ago

Elon Musk tweets to ask if he should sell some Tesla stock

India TV News  

Tesla CEO Elon Musk is asking on Twitter whether he should sell 10% of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on billionaires like him. It’s a concept called “unrealized gains,” and Musk is sitting on a lot of them with a net worth of roughly $300 billion. “Much is made lately of unrealized …

Tesla Stock Musk Elon Musk Sell
Twitter votes for Elon Musk to SELL 10% of his $250bn Tesla shares:
3 years, 1 month ago

Twitter votes for Elon Musk to SELL 10% of his $250bn Tesla shares:

Daily Mail  

Elon Musk's Twitter followers voted overwhelmingly for the billionaire to sell 10 percent of his $250billion worth of Tesla stock after he told his 62.7 million followers 'he would abide by the results of this poll.' Nearly 58 percent said the world's riches man should cash out his stocks to pay President Joe Biden's proposed 'Billionaires Tax' after Musk launched …

Taxes Tesla Pay Income Stock Democrats Elon Musk