taxreform
En un movimiento histórico para el creciente sector de criptomonedas de Nigeria, la Comisión de Valores ha emitido la primera licencia provisional de operación a Quidax, un exchange de criptomonedas fundado en África. Este desarrollo crucial marca el inicio del reconocimiento formal y la tan necesaria supervisión regulatoria para la industria de activos digitales del país. Según un comunicado compartido con Cointelegraph, la licencia de la Comisión de Valores permite a Quidax operar como un exchange de criptomonedas registrado en Nigeria, un paso significativo hacia la legitimación del mercado...
Cointelegraph ES
Nigeria’s tax regulatory body, the Federal Inland Revenue Service (FIRS), plans to seek the National Assembly’s support for a comprehensive new law to regulate cryptocurrency in the country. According to local news, FIRS Executive Chairman Zacch Adedeji made this announcement during a recent stakeholder engagement session with the National Assembly’s Finance Committees. The proposed legislation, which FIRS aims to introduce in September, is part of a broader effort to overhaul Nigeria’s tax system. According to Adedeji, the new bill will address the growing cryptocurrency industry, ensuring th...
Cointelegraph
A few minutes before 10 a.m. on Wednesday, former President Donald Trump dropped a plan to completely overhaul the relationship between millions of older Americans and the federal government. "SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY," Trump shouted from his Truth Social account. If implemented, that would be a hugely expensive policy change. According to one quick estimate by a former White House chief economist, it would reduce federal revenue by $1.5 trillion over 10 years and would add $1.8 trillion to the national debt. (The extra cost is the result of interest on the new debt that w...
Reason
In 2024's already baffling presidential race, it seems only fitting that a barroom brawl has broken out over tipping. Former President Donald Trump jump-started the debate at a campaign rally last month and seized media headlines by pledging to eliminate taxes on tips if he were reelected. In prior decades, this might have been brushed off as mere campaign trail bluster, but today, off-the-cuff remarks on the stump are often the closest thing we have to deliberative policy making. Right on cue, Republican senators introduced legislation in Congress that would eliminate income taxes on tips, an...
Reason
At tonight's presidential debate, President Joe Biden made the shocking claim that under his administration, "We finally beat Medicare." It's a remarkable statement from a Democratic president. One would assume Biden would want to tout his preservation of entitlement programs—given that neither party (and particularly not the Democratic party) wants to seriously tackle entitlement reform. Instead, here is the president saying he finally "beat" the largest entitlement program of them all. Odd. The best explanation for Biden's remarks is that it was a passing gaffe. In fact, later in the debate,...
Reason
The protests halted Nairobi's central business district as riot police used tear gas and water cannons on demonstrators near parliament. Protesters are urging lawmakers to reject the legislation, which includes a 2.75% income levy for national medical insurance and increased taxes on vegetable oil and fuel.
Euronews (English)
In hisDaily Market Notes report to investors, while commenting on Tesla Inc (NASDAQ:TSLA)’s EV sales, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more China continues to growth at a frantic pace, but a bit slower than some economists anticipated. China’s GDP soared at an 18.3% annual pace in the first quarter and is expected to decelerate in the second quarter, even though U.S. GDP growth is forecasted to accelerate to a 10.5% annual pace according to the Atlanta Fed. China banned financial institutions and payment companies from providing any services related to cryptoc...
ValueWalk
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