Quite a lot has been going on:
What Biden's election means for financial advisors on regulation, taxes and retirement planning |
What does former Vice President Joe Biden's win mean for advisors? Retooled advisor regulation, potentially higher taxes for wealthy Americans and new rules governing retirement plans, experts say.
Certainly, addressing the coronavirus pandemic and economic turmoil will be top priorities for Biden. Beyond that his administration will likely pursue a more investor friendly regulatory approach, according to experts and industry observers. That would represent a sharp contrast to the Trump administration, which has generally rolled back or eased regulations that irked Wall Street.
Sasol buys carbon credits to meet SA's carbon tax regulations
Integrated energy and chemical company Sasol has secured more than 100,000 carbon offset credits from Bethlehem Hydro, a South African independent power producer (IPP), in fulfilment of its obligations under the new South African carbon tax regulations.
The transaction is one of the first carbon offset transactions under the South African Carbon Offset Administration System (COAS) after it was launched earlier this year. Under the carbon tax regulations, South African companies are able to buy carbon credits from third parties to offset a portion of their carbon tax liability.
US needs a coordinated fix for tax and budget » Albuquerque Journal
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U.S. stock futures rise after Biden win as post-election rally continues
Stocks were set to continue their big post-election rally as futures rose in early morning trading Monday. The gains came as Democrat Joe Biden defeated incumbent Donald Trump in the U.S. presidential race to become president elect, according to NBC projections.
Futures on the Dow Jones Industrial Average rose 424 points, implying an opening gain of about 409 points on Monday. S&P 500 futures and Nasdaq 100 futures also both traded in positive territory.
Happening on Twitter
if the location booked for your major press conference looks like this, do NOT worry about Biden's tax plan https://t.co/XSF557D69Y tyleroakley (from business: lisa@select.co) Mon Nov 09 06:55:42 +0000 2020
To fulfill its promise of freeing India from corruption, the Modi govt implemented Demonetisation 4 years ago on th… https://t.co/4VS3B13rMH nsitharamanoffc (from New Delhi, India) Sun Nov 08 04:16:35 +0000 2020
@Timcast Trump's major accomplishment was a corporate tax cut and we are still in the Middle East. The establishment never lost. krystalball (from King George, VA) Sat Nov 07 23:07:30 +0000 2020
For all of Trump's talk the only major piece of legislation he passed was a tax cut for big companies and his rich… https://t.co/6wmaDRvEsY UKuncut (from UK) Sat Nov 07 18:34:43 +0000 2020
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