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The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

According to the National Retail Federation , as of last year parents entered August with about 45 percent of their back-to-school shopping done. This year 17 states will have sales tax holidays of one form or another — up from 16 last year, but down from the national high of 20 states in 2010. How Tax Holidays Work.

Taxes 101
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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. The state reportedly would impose a $250,000 licensing fee on betting providers, along with a 3 percent tax. percent state tax on sports wagers.

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The Case For Localizing Mom-And-Pop Investment

PYMNTS

.” That lack of awareness can be damaging to the economy: An entrepreneur who fails to obtain a bank loan may give up on the business venture altogether, losing out on an opportunity to generate revenue, create jobs and contribute to the broader economy through tax payments. Localizing Capital.

Capital 145
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. Funding Capacity as a % of Uninsured Deposits: Calculating a bank’s total liquidity lines as a percentage of uninsured deposits is now in vogue.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Where this surprising third goal came from, I have no idea, but Ben Bernanke added it in August during a recorded speech for a Cambridge, Massachusetts conference. Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972. in July and CoreLogic, +4.6% 6% and 1.2%

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

The legislation would also cover stablecoins that are “denominated in United States dollars or pegged to the United States dollar, or denominated in or pegged to another national or state currency.”. Read More On Cryptocurrency: Bitcoin Daily: India Eyes Crypto Income Tax; Ripple Unloads $15.3 Casting a Wide Net .

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Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

For those not used to thinking about electricity by the gigawatt, the estimates mean this: Even at the low end, bitcoin mining uses as much power as a nation state. The debate is whether that nation state is small (Lithuania-sized), medium (Morocco-sized) or medium-large (Israel-sized). Use of power is not very evenly distributed.

Bitcoin 104