MASSIVE TAX INCREASE COMING

Biden proposes $2.5 trillion in tax increases as part of budget request President Biden made a renewed push on Monday to galvanize congressional Democrats to overhaul the nation’s tax code and dramatically raise rates on corporations and ultra-wealthy Americans. The …

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Details on new Biden income tax…

Biden is proposing a minimum 20 percent tax on American households worth more than $100 million that would target their “full income,” including standard taxable income as well as unrealized income like gains from stocks. The budget also includes a …

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NFTs are past their prime…

Sales of NFTs, one of 2021’s biggest investment crazes, are but a fraction of what they were at last year’s peak. The big picture: Despite the present doldrums, the market for non-fungible tokens — digital objects built to be provably unique …

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It won’t be very much longer before the Fed pivots back to dovish on policy. Eventually, financial instability will take over inflation as a concern.

It won't be very much longer before the #Fed pivots back to #dovish on #policy. Eventually, #financial #instability will take over #inflation as a concern. h/t @SoberLook pic.twitter.com/CDn57IeTJA — Lance Roberts (@LanceRoberts) March 29, 2022 Three 50bps #Fed #rate hikes …

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Global bond yields blowing out

https://twitter.com/rubecube12/status/1508766815467368448 German 2-year yields surge above zero, to the highest since 2014, amid apparent progress in Ukraine-Russia peace negotiations. pic.twitter.com/qCfszBr9OX — Lisa Abramowicz (@lisaabramowicz1) March 29, 2022