$NWBO
Northwest Biotherapeutics Asks Judge To DENY Citadel and Virtu’s Plea To Seal Their Sworn Statements On Their Trading Systems
Citadel and Virtu want to hide their sworn statements about their trading systems in the spoofing case
Northwest Biotherapeutics says the market makers haven’t proven that making the statements public would actually hurt them.
Other defendants have not sealed their statements.
NWBO says the public should get to see it.
Thanks for the update @kimkep4796@CohenMilstein
Vlad clearly stated these tokens are backed 1 to 1, per his interview this morning. Is this true @CEOAdam ? And if they are backed 1 to 1 why did they go up 100s% and our actual stayed at under $3? What is going on????
Another Problem with Capital Gains Tax: The $3,000 Loss Limitation
Something about capital gains tax that doesn’t get talked about enough.
If your capital losses are greater than your capital gains, you can generally deduct up to $3,000 of the remaining loss each year against your ordinary income.
This is called the capital loss limitation.
Any unused losses can generally be carried forward to future years, but the deduction against ordinary income is still limited to $3,000 per year.
And here’s the catch: that $3,000 limit hasn’t been adjusted for inflation. At today’s prices, $3,000 barely covers a month’s rent.
When that rule was introduced back in 1986, $3,000 was a significant amount. It could have covered several months of living expenses. And the intention behind it made sense, to give smaller investors some tax relief for taking the risk of investing and helping stimulate the economy.
But fast forward to today, and inflation has eroded the value of that deduction. Depending on how you measure it, that $3,000 should now be closer to $20,000 to $30,000 in real terms.
So why hasn’t it been updated?
If you're losing money as an investor, you should be allowed to deduct those losses in the year they happen, not carry them forward in tiny chunks that no longer reflect the cost of living or the real size of your losses.
What do you think?
@DKBFLY@cooked_files I bought index funds. I’m fine trust me. Why do you care so much how other people invest there money. I don’t give two shits how you are invested!