Tax & Ethics - Taxpaying as an honorable act is a mindset that typically lasts until one actually needs to pay taxes [1] - The overlap between those who view tax avoidance as evil and those who view money as evil is very high, and this sentiment usually lasts until one starts earning money [1] - Consider how world-changing companies like Apple avoid taxes and whether their tax avoidance practices are environmentally conscious [1] Social Welfare & Resource Allocation - Compare the retirement benefits of one's parents to those of local civil servants [1] - Is it not better to donate the money saved to initiatives like free lunches, a village school, or young people on platforms like Xiaohongshu who are willing to rescue cats and dogs, rather than wasting it [1]

Risks & Concerns - The crypto industry faces the danger of total loss of freedom and sovereignty, not just criminal usage [1] - Governments and banks may gain excessive control over individuals' finances through crypto, including taxation, fund freezing, and spending monitoring [1] - Current internet control could worsen significantly when applied to life savings via crypto [1] Recommendations & Solutions - Individuals should hold decentralized cryptocurrencies like BTC and privacy coins like ZEC as insurance against financial control [1] - Unstoppable private money is crucial for internet freedom [1]

RT Bloomberg em Português (@BBGEmPortugues)A equipe econômica prepara uma proposta que inclui a taxação de apostas online, o aumento do imposto sobre juros sobre capital próprio e da CSLL das fintechs https://t.co/yhJQ4SeKIq ...

Financial Impact - UK government stands to lose $8 billion due to Revolut founder moving to Dubai [1] - The founder owns approximately 18% of Revolut [1] - Revolut's valuation is projected to reach $200 billion in the next 3 to 5 years [1] - The founder's position is valued at $36 billion [1] - The UK could have potentially collected $8 to $12 billion in capital gains tax [1] Policy & Talent - The UK is in a global war for talent [2] - Tax policies may hinder growth [2]

Regulatory Scrutiny - India's tax authority is investigating over 400 high-net-worth Binance traders for alleged tax evasion [1] - The investigation covers FY 2022–23 and 2024-25 [1] - The Central Board of Direct Taxes has instructed regional offices to report actions by October 17 [1] Taxation - Indian crypto traders face a 1% TDS (Tax Deducted at Source) on each transaction [1] - A 30% profit tax is levied on crypto trading profits in India [1] - Surcharges are added to the profit tax, bringing the effective tax rate to approximately 42.7% [1]

RT Bloomberg em Português (@BBGEmPortugues)#BrasiliaemOff #Bastidores O ministro da Fazenda, Fernando Haddad, não quer nem ouvir falar em mudança na meta fiscal de 2026 depois da derrubada da medida provisória que aumentava a taxação do mercado financeiro e das betsPor @beckmartha https://t.co/iwEcE08gDw ...

Budget & Fiscal Policy - The report focuses on the mayor's proposed budget, specifically examining the mix of spending cuts and tax increases [1][2] - The analysis questions whether the mayor will consider budget cuts, given his historical reluctance to do so [2] - The report highlights the mayor's focus on increasing taxes for corporations and high-income earners [3] - The report emphasizes the need to address a $1.5 billion deficit for 2026 [5] Debt & Municipal Bonds - The city's potential reliance on debt to cover budget shortfalls is a key concern [4] - The city is active in the municipal bond market, primarily for infrastructure projects [4] - Airport financing is separate from the city's general budget [5] Credit Ratings & Pension Liabilities - Rating agencies view Chicago's pension liabilities as a significant pressure point [7] - The city's pension costs have increased due to recent legislation [8] - The administration needs to address the ongoing structural deficit to avoid potential ratings downgrades [8]

Government & Policy - The IRS should support, not penalize, American businesses [1]

Regulatory Stance - India distances itself from pro-crypto regulation [1] - The Union Minister reaffirms heavy taxation on cryptocurrency [1] - India focuses on CBDC (Central Bank Digital Currency) [1]

The Treasury Department and Internal Revenue Service delivered interim guidance that would hand companies with large crypto holdings a free pass. https://t.co/nhqxVtL7K8 ...