$Tesla (TSLA.US)$
FTX was the first major crypto exchange to offer tokenized stocks — digital coins that track the value of shares of companies like Tesla, GameStop Corp. or BioNTech SE. It also offers a popular spinoff product called pre-IPO contracts, which let overseas traders bet on the expected valuations of companies like Robinhood. You can find out more here: https://ftx.com/#a=20687696
FTX was the first major crypto exchange to offer tokenized stocks — digital coins that track the value of shares of companies like Tesla, GameStop Corp. or BioNTech SE. It also offers a popular spinoff product called pre-IPO contracts, which let overseas traders bet on the expected valuations of companies like Robinhood. You can find out more here: https://ftx.com/#a=20687696
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eeerrr........ what are you really investing when you buy ARK Space Exploration ETF? Alibaba Holdings, Netflix, Tencent, Komatsu, Deere .... just some example of not very Space Exploration-ish stocks in the fund.😂 How about food delievery cum boxoffice cum hotel booker Meituan Dianping?😂 Might as well call it ARK Space Exploration and Everything on Earth ETF.😂
Here's a quick rundown of how Biden plans to pay for it all via massive tax hikes, some of which (like the corporate tax hike) have already been reported:
Eliminate tax preferences for fossil fuel companies
Raise the corporate tax rate to 28% from 21%
Overall taxation of profits earned oversees by US megacorps (including raising minimum tax on global profits and eliminating several provisions that allow companies to reduce US tax liability)
Ramp up enforcement of large companies avoiding taxes
Prevent American companies from "inversions" to tax havens
Eliminate loopholes that encourage offshoring
Deny expense deductions for companies that are offshoring jobs
Here's a breakdown of the innards of the $2 trillion proposal reported in the NYT
USD 180bln for research and development
USD 115bln for roads and bridges
USD 85bln for public transit
USD 80bln for Amtrak and freight rail
USD 174bln to encourage EVs via tax credits and other incentives to companies that make EV batteries in the US instead of China
USD 42bln for ports and airports
USD 100bln for broadband
USD 111bln for water infrastructure
USD 300bln to promote advanced manufacturing
USD 400bln spending on in-home care
USD 100bln in programs to update and modernize the electric grid
USD 46bln in fed procurement programs for government agencies to buy fleets of EVs
USD 35bln in R&D programs for cutting-edge, new te...
Eliminate tax preferences for fossil fuel companies
Raise the corporate tax rate to 28% from 21%
Overall taxation of profits earned oversees by US megacorps (including raising minimum tax on global profits and eliminating several provisions that allow companies to reduce US tax liability)
Ramp up enforcement of large companies avoiding taxes
Prevent American companies from "inversions" to tax havens
Eliminate loopholes that encourage offshoring
Deny expense deductions for companies that are offshoring jobs
Here's a breakdown of the innards of the $2 trillion proposal reported in the NYT
USD 180bln for research and development
USD 115bln for roads and bridges
USD 85bln for public transit
USD 80bln for Amtrak and freight rail
USD 174bln to encourage EVs via tax credits and other incentives to companies that make EV batteries in the US instead of China
USD 42bln for ports and airports
USD 100bln for broadband
USD 111bln for water infrastructure
USD 300bln to promote advanced manufacturing
USD 400bln spending on in-home care
USD 100bln in programs to update and modernize the electric grid
USD 46bln in fed procurement programs for government agencies to buy fleets of EVs
USD 35bln in R&D programs for cutting-edge, new te...
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