What’s the greenest drive to work—especially if it’s relatively close by? With an evolving electric car economy, substituting your conventional car for an electric car and driving it daily for as long as possible (especially with a low-carbon intensive grid mix) seems the way to go. But what is the true impact of this?
Over the past year, COVID 19 has impacted buying decisions and seller practices. As cases continue to rise across the world, how have businesses been impacted by closures and online commerce?
In 1971, President Richard Nixon officially proclaimed a war on drugs. Since then, the United States has spent well over $1 trillion on drug prevention and detainment. “If we cannot destroy the drug menace in America, then it will surely in time destroy us,” Nixon told Congress in 1971. “I am not prepared to accept this alternative.” The goal of the war on drugs is to reduce drug use. The specific aim is to destroy and inhibit the international drug trade — making drugs scarcer and costlier, and therefore making drug habits in the US unaffordable.
The United States has been an economic powerhouse in the world since 1920, but has the implementation of taxes stymied its growth whatsoever? Congress recently reviewed tax policies, with extensive changes on the capital gains tax, a tax on assets that have accrued value over time when sold, regardless of when the gains had been accrued. The federal income tax does not tax all capital gains. For example, if a stock is purchased in 2010 at $100 and sold in 2020 at $150, the tax would be on the $50 accrued value in the current year. Economists believe that capital gains tax rates have resulted in economic prosperity and stability in the United States for nearly a century since 2016.