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How Society Thrived Before Mass Taxation, and How It Still Can


Many people in the U.S. and elsewhere think of the income tax as some kind of timeless staple of society. The truth is, it was only first instituted in the United States as a permanent fixture in 1913. It stands to ask then, how all the progress that was made prior and the bustling growth...

QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices


Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong...

New Hire to Head Digital Currency Research at the US Fed


The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...

Britain’s Tax Authority Updates Crypto Guidelines


Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...

Data Protection Firm ZIVVER Brings Its Services to the United Kingdom


Data protection is one of the most important considerations for the finance industry, and in that regard, Dutch firm ZIVVER has emerged as one of the better-known service providers over the past few years. In a new development, ZIVVER has announced that its services are now going to be available...

The Federal Reserve Makes a Big Move Into the US Treasury Bill Market


The United States Federal Reserve is all set to wade into the US Treasury Bill market in a big way and could end up owning as much as 12% of the existing market. The estimates have been provided by forecasting firm Oxford Economics. Considering the current threats to the economy and dangers of...

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