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The Positive Impacts of Biden's Capital Gains Tax


The Positive Impacts of Biden s Capital Gains Tax | Opinion
Vance Roush
, founder, Overflow
On 5/17/21 at 8:00 AM EDT
The conversation surrounding President Joe Biden s proposed capital gains tax increase is currently dominated by those who fear its negative consequences for the investment flow into the U.S. economy.
What s yet to be fully considered are the positive implications that Biden s proposed taxes will have on the nonprofit space, through its potential to encourage investors to turn to philanthropy as a tax efficient solution for their money.
This proposal to double the tax on long-term capital gains from 20 percent to 39.6 percent will cost investors almost half of their profits and even more when combined with state taxes. We can only guess what the effect on the investing landscape might be, as the new tax will be a key factor in how and where investors choose to deploy their capital. ....

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Yes Prep Public Schools awarded $10,000 for music education


Yes Prep Public Schools awarded $10,000 for music education
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HOUSTON – YES Prep Music Teacher Chrissy Lucivjansky and YES Prep Chief Program Officer, Nella Garcia Urban stopped by Houston Life to highlight the importance of music education for low-income students and received a wonderful surprise.
The high-performing public charter schools were chosen as the winners of the Scott and Sandi Borchettas’ MUSIC HAS VALUE Fund, a fund created in 2015 to provide financial aid to nonprofit organizations which support those who make music and aspire to make music.
Borchetta is the president and CEO of Big Machine Label Group, one of the most successful independent record labels in the world. ....

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Welcome To IANS Live - INTERNATIONAL - US reporting average of 2.2mn shots of Covid vax per day

While it is too early to say whether this recent uptick will turn into a steady trend, data released by the Centers for Disease Control and Prevention (CDC) on Tuesday, showed an increase in reported first doses, indicating that ....

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