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09-23

Mainstream media crap

Harris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say

2022-05-16

What's the consensus for this quarter

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2022-02-11

Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.

Elon Musk's US tax bill: $11 billion. Tesla's: $0

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media crap&nbsp;","listText":"Mainstream media crap&nbsp;","text":"Mainstream media crap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352513411657808","repostId":"2469181672","repostType":2,"repost":{"id":"2469181672","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1727072045,"share":"https://ttm.financial/m/news/2469181672?lang=&edition=fundamental","pubTime":"2024-09-23 14:14","market":"sg","language":"en","title":"Harris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2469181672","media":"Reuters","summary":"U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three ","content":"<html><head></head><body><p>U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.</p><p style=\"text-align: start;\">The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said.</p><p>Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.</p><p style=\"text-align: start;\">She added that the plan is about investing in the aspirations and ambitions of the American people while addressing the challenges they face.</p><p style=\"text-align: start;\">The rollout would follow heated debate in Democratic circles over whether releasing more economic policies so close to election day is a smart strategy.</p><p style=\"text-align: start;\">&#34;It&#39;s not just about affordability, it&#39;s also about showing (voters) they have a path to building wealth,&#34; said one of the sources with direct knowledge of Harris&#39;s economic plans, adding she wanted to show Americans how they can &#34;get a foot in the door.&#34;</p><p style=\"text-align: start;\">None of the sources would provide specific details on the expected new policies, and the Harris campaign would not comment on any new proposals. However, Harris&#39; 2020 presidential run and President Joe Biden&#39;s administration included plans with similar goals.</p><p style=\"text-align: start;\">In her 2020 campaign, Harris proposed significant pay hikes for the millions of public school teachers, forcing companies to disclose their pay gap between men and women and penalizing those who are not narrowing it. The Biden and Harris administration have pushed to eliminate bias in home appraisals and use the over $700 billion federal contracting budget to buoy minority businesses.</p><p>Harris has released a basket of economic policies focused on the high cost of housing, taxes, small business expenses, childcare and goods. Her plans often build on Biden&#39;s policies, like increasing the child tax credit and lifting the corporate tax rate to 28%.</p><p style=\"text-align: start;\">Campaign spokesman James Singer did not comment on the story. He told Reuters that Harris &#34;will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.&#34;</p><p style=\"text-align: start;\">Releasing new economic policy with less than 50 days left in a tight presidential election race could mean the new measures never reach crucial voters, some advisers acknowledge.</p><p>&#34;Typically you&#39;d see a campaign wrap up persuading voters by September and move to mobilizing people but this is not a typical campaign,&#34; said a source with knowledge of the new plans, referring to Harris&#39; jump to the top of the ticket in late July. &#34;We have to continue persuading and mobilizing folks at the same time until the very end.&#34;</p><p>Republican Donald Trump&#39;s economic proposals aimed at working-class Americans include eliminating taxes on tips and Social Security benefits, opening up federal lands to housing construction and deporting millions of immigrants to the country who Republicans say are driving up costs.</p><p>The former president has also proposed new across-the-board tariffs on goods not made in the U.S. that could raise costs for American consumers and inflation, but that is backed by a slim majority of voters.</p><p>Trump has tried to pin on Democrats inflation that popped globally as the COVID-19 pandemic shutdowns eased and has made the still-high cost of groceries, particularly bacon, a rally speech staple. From 2019 to 2023, the food Consumer Price Index rose by 25%, the U.S. Department of Agriculture reported.</p><p>HARRIS GAINS ON ECONOMY</p><p style=\"text-align: start;\">Republicans have traditionally polled better on the economy than Democrats, and Trump beat Biden and then Harris on the topic earlier this year.</p><p style=\"text-align: start;\">Some polls, however, are shifting in her direction.</p><p style=\"text-align: start;\">A Financial Times-Michigan Ross poll this month showed 44% of registered voters trusted Harris&#39; economic stewardship compared with 42% who backed Trump, and Reuters/IPSOS polling in August showed her narrowing the gap on the economy.</p><p style=\"text-align: start;\">The Federal Reserve&#39;s decision to cut interest rates by half a percentage point last week, reflecting the belief that inflation risks have fallen, could lower some costs for consumers.</p><p style=\"text-align: start;\">Some Harris supporters have urged the campaign to double down on the economic message that is already out there instead of rolling out new ideas.</p><p style=\"text-align: start;\">&#34;My recommendation is to do more show-and-tells. Rather than address this with endless white papers, go to grocery stores and apartment buildings and more,&#34; said Donna Brazile, a longtime Democratic strategist.</p><p style=\"text-align: start;\">&#34;Inflation may have gone down, but the cost of living hasn&#39;t changed. Some of this is post pandemic and that still must be addressed,&#34; she said.</p><p style=\"text-align: start;\">Others believe more economic policy is not a priority. Adam Newar, a money manager and Harris donor said &#34;it&#39;s a character election&#34; and not a policy election.</p><p style=\"text-align: start;\">&#34;I&#39;m not sure what more policy information actually brings to the table. She really has to continue articulating a vision, communicate that vision to people who really feel like they&#39;ve been left behind,&#34; Newar said.</p><p style=\"text-align: start;\">Many of Harris&#39; proposals would require congressional approval, and would be unlikely to pass unless Democrats win both the House and Senate.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Harris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHarris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-09-23 14:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.</p><p style=\"text-align: start;\">The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said.</p><p>Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.</p><p style=\"text-align: start;\">She added that the plan is about investing in the aspirations and ambitions of the American people while addressing the challenges they face.</p><p style=\"text-align: start;\">The rollout would follow heated debate in Democratic circles over whether releasing more economic policies so close to election day is a smart strategy.</p><p style=\"text-align: start;\">&#34;It&#39;s not just about affordability, it&#39;s also about showing (voters) they have a path to building wealth,&#34; said one of the sources with direct knowledge of Harris&#39;s economic plans, adding she wanted to show Americans how they can &#34;get a foot in the door.&#34;</p><p style=\"text-align: start;\">None of the sources would provide specific details on the expected new policies, and the Harris campaign would not comment on any new proposals. However, Harris&#39; 2020 presidential run and President Joe Biden&#39;s administration included plans with similar goals.</p><p style=\"text-align: start;\">In her 2020 campaign, Harris proposed significant pay hikes for the millions of public school teachers, forcing companies to disclose their pay gap between men and women and penalizing those who are not narrowing it. The Biden and Harris administration have pushed to eliminate bias in home appraisals and use the over $700 billion federal contracting budget to buoy minority businesses.</p><p>Harris has released a basket of economic policies focused on the high cost of housing, taxes, small business expenses, childcare and goods. Her plans often build on Biden&#39;s policies, like increasing the child tax credit and lifting the corporate tax rate to 28%.</p><p style=\"text-align: start;\">Campaign spokesman James Singer did not comment on the story. He told Reuters that Harris &#34;will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.&#34;</p><p style=\"text-align: start;\">Releasing new economic policy with less than 50 days left in a tight presidential election race could mean the new measures never reach crucial voters, some advisers acknowledge.</p><p>&#34;Typically you&#39;d see a campaign wrap up persuading voters by September and move to mobilizing people but this is not a typical campaign,&#34; said a source with knowledge of the new plans, referring to Harris&#39; jump to the top of the ticket in late July. &#34;We have to continue persuading and mobilizing folks at the same time until the very end.&#34;</p><p>Republican Donald Trump&#39;s economic proposals aimed at working-class Americans include eliminating taxes on tips and Social Security benefits, opening up federal lands to housing construction and deporting millions of immigrants to the country who Republicans say are driving up costs.</p><p>The former president has also proposed new across-the-board tariffs on goods not made in the U.S. that could raise costs for American consumers and inflation, but that is backed by a slim majority of voters.</p><p>Trump has tried to pin on Democrats inflation that popped globally as the COVID-19 pandemic shutdowns eased and has made the still-high cost of groceries, particularly bacon, a rally speech staple. From 2019 to 2023, the food Consumer Price Index rose by 25%, the U.S. Department of Agriculture reported.</p><p>HARRIS GAINS ON ECONOMY</p><p style=\"text-align: start;\">Republicans have traditionally polled better on the economy than Democrats, and Trump beat Biden and then Harris on the topic earlier this year.</p><p style=\"text-align: start;\">Some polls, however, are shifting in her direction.</p><p style=\"text-align: start;\">A Financial Times-Michigan Ross poll this month showed 44% of registered voters trusted Harris&#39; economic stewardship compared with 42% who backed Trump, and Reuters/IPSOS polling in August showed her narrowing the gap on the economy.</p><p style=\"text-align: start;\">The Federal Reserve&#39;s decision to cut interest rates by half a percentage point last week, reflecting the belief that inflation risks have fallen, could lower some costs for consumers.</p><p style=\"text-align: start;\">Some Harris supporters have urged the campaign to double down on the economic message that is already out there instead of rolling out new ideas.</p><p style=\"text-align: start;\">&#34;My recommendation is to do more show-and-tells. Rather than address this with endless white papers, go to grocery stores and apartment buildings and more,&#34; said Donna Brazile, a longtime Democratic strategist.</p><p style=\"text-align: start;\">&#34;Inflation may have gone down, but the cost of living hasn&#39;t changed. Some of this is post pandemic and that still must be addressed,&#34; she said.</p><p style=\"text-align: start;\">Others believe more economic policy is not a priority. Adam Newar, a money manager and Harris donor said &#34;it&#39;s a character election&#34; and not a policy election.</p><p style=\"text-align: start;\">&#34;I&#39;m not sure what more policy information actually brings to the table. She really has to continue articulating a vision, communicate that vision to people who really feel like they&#39;ve been left behind,&#34; Newar said.</p><p style=\"text-align: start;\">Many of Harris&#39; proposals would require congressional approval, and would be unlikely to pass unless Democrats win both the House and Senate.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","TQQQ":"纳指三倍做多ETF","QQQ":"纳指100ETF","SQQQ":"纳指三倍做空ETF"},"source_url":"https://www.straitstimes.com/world/harris-to-release-new-economic-proposals-this-week-on-us-wealth-creation-sources-say","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2469181672","content_text":"U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said.Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.She added that the plan is about investing in the aspirations and ambitions of the American people while addressing the challenges they face.The rollout would follow heated debate in Democratic circles over whether releasing more economic policies so close to election day is a smart strategy.\"It's not just about affordability, it's also about showing (voters) they have a path to building wealth,\" said one of the sources with direct knowledge of Harris's economic plans, adding she wanted to show Americans how they can \"get a foot in the door.\"None of the sources would provide specific details on the expected new policies, and the Harris campaign would not comment on any new proposals. However, Harris' 2020 presidential run and President Joe Biden's administration included plans with similar goals.In her 2020 campaign, Harris proposed significant pay hikes for the millions of public school teachers, forcing companies to disclose their pay gap between men and women and penalizing those who are not narrowing it. The Biden and Harris administration have pushed to eliminate bias in home appraisals and use the over $700 billion federal contracting budget to buoy minority businesses.Harris has released a basket of economic policies focused on the high cost of housing, taxes, small business expenses, childcare and goods. Her plans often build on Biden's policies, like increasing the child tax credit and lifting the corporate tax rate to 28%.Campaign spokesman James Singer did not comment on the story. He told Reuters that Harris \"will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.\"Releasing new economic policy with less than 50 days left in a tight presidential election race could mean the new measures never reach crucial voters, some advisers acknowledge.\"Typically you'd see a campaign wrap up persuading voters by September and move to mobilizing people but this is not a typical campaign,\" said a source with knowledge of the new plans, referring to Harris' jump to the top of the ticket in late July. \"We have to continue persuading and mobilizing folks at the same time until the very end.\"Republican Donald Trump's economic proposals aimed at working-class Americans include eliminating taxes on tips and Social Security benefits, opening up federal lands to housing construction and deporting millions of immigrants to the country who Republicans say are driving up costs.The former president has also proposed new across-the-board tariffs on goods not made in the U.S. that could raise costs for American consumers and inflation, but that is backed by a slim majority of voters.Trump has tried to pin on Democrats inflation that popped globally as the COVID-19 pandemic shutdowns eased and has made the still-high cost of groceries, particularly bacon, a rally speech staple. From 2019 to 2023, the food Consumer Price Index rose by 25%, the U.S. Department of Agriculture reported.HARRIS GAINS ON ECONOMYRepublicans have traditionally polled better on the economy than Democrats, and Trump beat Biden and then Harris on the topic earlier this year.Some polls, however, are shifting in her direction.A Financial Times-Michigan Ross poll this month showed 44% of registered voters trusted Harris' economic stewardship compared with 42% who backed Trump, and Reuters/IPSOS polling in August showed her narrowing the gap on the economy.The Federal Reserve's decision to cut interest rates by half a percentage point last week, reflecting the belief that inflation risks have fallen, could lower some costs for consumers.Some Harris supporters have urged the campaign to double down on the economic message that is already out there instead of rolling out new ideas.\"My recommendation is to do more show-and-tells. Rather than address this with endless white papers, go to grocery stores and apartment buildings and more,\" said Donna Brazile, a longtime Democratic strategist.\"Inflation may have gone down, but the cost of living hasn't changed. Some of this is post pandemic and that still must be addressed,\" she said.Others believe more economic policy is not a priority. Adam Newar, a money manager and Harris donor said \"it's a character election\" and not a policy election.\"I'm not sure what more policy information actually brings to the table. She really has to continue articulating a vision, communicate that vision to people who really feel like they've been left behind,\" Newar said.Many of Harris' proposals would require congressional approval, and would be unlikely to pass unless Democrats win both the House and Senate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020721676,"gmtCreate":1652689461095,"gmtModify":1676535142082,"author":{"id":"3576648101214667","authorId":"3576648101214667","name":"Damonnsq","avatar":"https://static.tigerbbs.com/7f6b26447026b487c525a85da04fc951","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648101214667","authorIdStr":"3576648101214667"},"themes":[],"htmlText":"What's the consensus for this quarter&nbsp;","listText":"What's the consensus for this quarter&nbsp;","text":"What's the consensus for this quarter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020721676","repostId":"1166864073","repostType":4,"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092155214,"gmtCreate":1644563166202,"gmtModify":1676533941684,"author":{"id":"3576648101214667","authorId":"3576648101214667","name":"Damonnsq","avatar":"https://static.tigerbbs.com/7f6b26447026b487c525a85da04fc951","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648101214667","authorIdStr":"3576648101214667"},"themes":[],"htmlText":"Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.&nbsp;","listText":"Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.&nbsp;","text":"Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092155214","repostId":"1116795342","repostType":2,"repost":{"id":"1116795342","pubTimestamp":1644545191,"share":"https://ttm.financial/m/news/1116795342?lang=&edition=fundamental","pubTime":"2022-02-11 10:06","market":"us","language":"en","title":"Elon Musk's US tax bill: $11 billion. Tesla's: $0","url":"https://stock-news.laohu8.com/highlight/detail?id=1116795342","media":"CNN Business","summary":"New York (CNN Business)-Elon Musk has repeatedly bragged (or, perhaps, complained) that he'llpay more in federal taxesfor 2021 than anyone has ever paid —about $11 billion. But Tesla apparently won't ","content":"<html><head></head><body><p><b>New York (CNN Business) -</b> Elon Musk has repeatedly bragged (or, perhaps, complained) that he&#39;ll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently won&#39;t pay a cent.</p><p>Tesla may not plan to pay federal taxes any time in the foreseeable future -- even though the company just reported by far its most profitable year ever. In 2021, Tesla recorded net income of $5.5 billion, and adjusted income of $7.6 billion.</p><p>But buried in a footnote of its recent annual financial filing with the Securities and Exchange Commission, Tesla reports that its US operations lost $130 million last year on a pre-tax basis. It claims that all of its pre-tax profits — more than $6 billion worth — came from overseas operations, even though 45% of its revenue came from US sales.</p><p>Although Tesla indicates its foreign tax bill came to $839 million, its state tax bill was only $9 million. And its federal tax bill was zero.</p><p>&#34;That defies common sense, but it does not defy the US tax code,&#34; said Martin Sullivan, chief economist for Tax Analysts, a nonprofit tax publisher, and an expert on US corporate tax practices.</p><p><b>Moving profits overseas — on paper</b></p><p>Sullivan said he believes the $130 million loss on its US operations is most likely due to a common practice for US multinational corporations: structuring their operations so that overseas subsidiaries are the ones reporting income, leaving the US operation to have little or no taxable income to report.</p><p>For example, a company can assign its intellectual property to one of those foreign entities, and charge its US unit a fee for using that property. And thus, the foreign operation is very profitable, while the US company — burdened with &#34;costs&#34; to the company itself — reports either a loss or very little income.</p><p>&#34;It&#39;s a US multinational thing. It&#39;s very common. It&#39;s almost malpractice not to do that,&#34; said Sullivan.</p><p>A recent report from the US Department of the Treasury found 61% of the international profits ofUS multinational companies are booked in seven small countries -- Bermuda, the Caymans, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland -- known as tax havens. It&#39;s a practice that many elected officials and the Biden administration have vowed to crack down on.</p><p>&#34;Tesla and other giant corporations have long used scams and loopholes to help them get out of paying taxes -- that has to stop,&#34; said Sen. Elizabeth Warren, a frequent critic of Musk. &#34;Democrats are working to end Republican tax cuts for corporations shifting profits and jobs overseas.&#34;</p><p>However, Congress has so far failed to take action to stop it.</p><p>The financial filing by Tesla doesn&#39;t spell out what it did exactly, though. For example, it doesn&#39;t say which country or countries it made its profit in while reporting a US loss. And Tesla declined to respond to a question about its filing.</p><p><b>Tesla doesn&#39;t expect to pay US taxes any time soon</b></p><p>Considering the substantial financial help that Tesla has long received from government support for its electric cars, the company doesn&#39;t have to use a shell game of offshoring its profits to avoid paying taxes. Instead, it could use past losses to shelter its current income from any tax bill.</p><p>Once again, this is a common practice for companies that lose money: losses result in a future tax break.</p><p>Tech companies that lose money for years before turning a profit — such as Amazon(AMZN) — have used this technique. So have old line companies that have financial problems, such as all US airlines, which will probably not have to pay taxes for years to come after recording billions of dollars in losses during the pandemic — despite receiving billions in federal help.</p><p>Similarly, Tesla&#39;s US automaking competitors lost so much money in the first decade of this century that General Motors (GM) and Chrysler needed government bailouts. Despite those bailouts, neither company paid taxes for several years once they were again profitable.</p><p>Past losses are a huge and very valuable future tax benefit known as &#34;net operating loss carry-forwards.&#34;</p><p>Tesla was losing money for more than a decade before it finally started reporting net income in 2020. Those were real losses, which occurred when the costs of developing and building its cars in its early years far outstripped the money it could sell them for. It did so with the expectation that it would turn a profit in the future as demand increased and costs declined. That&#39;s exactly what happened.</p><p>But, in running up billions of dollars in losses, Tesla was able to accumulate net operating loss carry-forwards that it could use in the future.</p><p>Still, Tesla disclosed in this week&#39;s financial filing that it did not use any of those past losses to shield current income from taxes. And it took a bookkeeping maneuver that suggests it doesn&#39;t know if it will ever have to use those past losses to shield its US income.</p><p>Tesla is rather bullish about its future, expecting annual sales growth of 50% for the foreseeable future. If it believed that its pre-tax losses in its domestic operations was temporary, it likely would not have not taken that step of reducing the value of those past losses as a way of eliminating future US taxes, according to Sullivan.</p><p><b>Is Tesla losing money at home?</b></p><p>There&#39;s another possible reason that Tesla might have reported a pre-tax loss on its US operations:—one that isn&#39;t as much an accounting maneuver designed to lower taxes as it is a warning sign about the viability of the company. Perhaps it still is losing money on the cars it is selling in the United States, and it can only make money using the lower costs of a relatively new factory in Shanghai, China.</p><p>That&#39;s what one of Tesla&#39;s most fervent critics and doubters believes. Gordon Johnson of GLJ Research, points out that Tesla was losing money overall until after it started producing cars in Shanghai in October 2019. He believes that investors are giving Tesla too much credit for profits in the US that he doesn&#39;t believe are real.</p><p>&#34;I think it&#39;s a massive deal,&#34; he said about Tesla&#39;s filing this week. &#34;They effectively said they don&#39;t plan on utilizing any of the net loss carry forwards. That means their US operations are losing money. It&#39;s an argument we&#39;ve made over and over again. Outside of China, Tesla loses money.&#34;</p><p>But other analysts who have examined its books insist Tesla&#39;s profits, both at home and overseas, are real, no matter what its US tax forms say.</p><p>Johnson said if he&#39;s wrong, it&#39;s up to Tesla to be more transparent.</p><p>&#34;The reality is, until they provide disclosure, both explanations could be right,&#34; he said.</p><p><b>Musk&#39;s rare big tax bill</b></p><p>Musk has a history of using the US tax code to pay little or no personal federal income taxes. A report from ProPublica shows that for 2018 Musk and many other Americans near the top of the world&#39;s richest people paid no income tax.</p><p>In Musk&#39;s case, he receives no salary from Tesla, only very valuable stock options, as a form of compensation. And under US tax code he doesn&#39;t have to pay taxes on those options until he exercises them to buy shares of stock at a fraction of their current value.</p><p>He also would have to pay taxes if he sells shares he already held because of his earlier investment in the company, which he has rarely done. But he did that last year as well.</p><p>Musk has not exercised most of the options that he holds. But he had options to buy 22.9 million shares that were due to expire in August 2022, and started exercising those options to buy additional shares late last year.</p><p>In total, he spent $142.6 million to purchase shares worth $23.6 billion, giving him $23.5 billion in in taxable income, taxable for 2021 at a federal rate of about 41%.</p><p>Musk also sold a small fraction of the additional shares he already owned, sales that fetched a taxable $5.8 billion at a lower capital gains rate.</p><p>Together those stock trades likely resulted in roughly an $11 billion federal tax bill, which he has tweeted about.</p><p>But that could well be the last time for years to come that he&#39;s paying a substantial federal tax,unless Congress passes one of the various proposals to tax the net worth of the nation&#39;s wealthiest individuals, rather than just their income. Several Democratic Senators, including Elizabeth Warren, Bernie Sanders and Ron Wyden have proposed that, but so far it hasn&#39;t come close to passing.</p><p>Not surprisingly, Musk opposes such efforts, and has mocked all three senators on Twitter.</p><p>The options Musk exercised last year that produced the massive tax bill aren&#39;t the end of his options. This week&#39;s financial filing from Tesla discloses that Musk received another 8.4 million options, bringing his total to 67.5 million.</p><p>But none of those options expire until 2028. And thus it&#39;ll probably be five years before he starts to exercise those options, unless he leaves the company before then.</p><p>If he is once again paying zero federal taxes, chances are good that his tax bill and his primary company&#39;s tax bill will be the same during those five years.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk's US tax bill: $11 billion. Tesla's: $0</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk's US tax bill: $11 billion. Tesla's: $0\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-11 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2022/02/10/investing/elon-musk-tesla-zero-tax-bill/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Elon Musk has repeatedly bragged (or, perhaps, complained) that he'll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently ...</p>\n\n<a href=\"https://edition.cnn.com/2022/02/10/investing/elon-musk-tesla-zero-tax-bill/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://edition.cnn.com/2022/02/10/investing/elon-musk-tesla-zero-tax-bill/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116795342","content_text":"New York (CNN Business) - Elon Musk has repeatedly bragged (or, perhaps, complained) that he'll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently won't pay a cent.Tesla may not plan to pay federal taxes any time in the foreseeable future -- even though the company just reported by far its most profitable year ever. In 2021, Tesla recorded net income of $5.5 billion, and adjusted income of $7.6 billion.But buried in a footnote of its recent annual financial filing with the Securities and Exchange Commission, Tesla reports that its US operations lost $130 million last year on a pre-tax basis. It claims that all of its pre-tax profits — more than $6 billion worth — came from overseas operations, even though 45% of its revenue came from US sales.Although Tesla indicates its foreign tax bill came to $839 million, its state tax bill was only $9 million. And its federal tax bill was zero.\"That defies common sense, but it does not defy the US tax code,\" said Martin Sullivan, chief economist for Tax Analysts, a nonprofit tax publisher, and an expert on US corporate tax practices.Moving profits overseas — on paperSullivan said he believes the $130 million loss on its US operations is most likely due to a common practice for US multinational corporations: structuring their operations so that overseas subsidiaries are the ones reporting income, leaving the US operation to have little or no taxable income to report.For example, a company can assign its intellectual property to one of those foreign entities, and charge its US unit a fee for using that property. And thus, the foreign operation is very profitable, while the US company — burdened with \"costs\" to the company itself — reports either a loss or very little income.\"It's a US multinational thing. It's very common. It's almost malpractice not to do that,\" said Sullivan.A recent report from the US Department of the Treasury found 61% of the international profits ofUS multinational companies are booked in seven small countries -- Bermuda, the Caymans, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland -- known as tax havens. It's a practice that many elected officials and the Biden administration have vowed to crack down on.\"Tesla and other giant corporations have long used scams and loopholes to help them get out of paying taxes -- that has to stop,\" said Sen. Elizabeth Warren, a frequent critic of Musk. \"Democrats are working to end Republican tax cuts for corporations shifting profits and jobs overseas.\"However, Congress has so far failed to take action to stop it.The financial filing by Tesla doesn't spell out what it did exactly, though. For example, it doesn't say which country or countries it made its profit in while reporting a US loss. And Tesla declined to respond to a question about its filing.Tesla doesn't expect to pay US taxes any time soonConsidering the substantial financial help that Tesla has long received from government support for its electric cars, the company doesn't have to use a shell game of offshoring its profits to avoid paying taxes. Instead, it could use past losses to shelter its current income from any tax bill.Once again, this is a common practice for companies that lose money: losses result in a future tax break.Tech companies that lose money for years before turning a profit — such as Amazon(AMZN) — have used this technique. So have old line companies that have financial problems, such as all US airlines, which will probably not have to pay taxes for years to come after recording billions of dollars in losses during the pandemic — despite receiving billions in federal help.Similarly, Tesla's US automaking competitors lost so much money in the first decade of this century that General Motors (GM) and Chrysler needed government bailouts. Despite those bailouts, neither company paid taxes for several years once they were again profitable.Past losses are a huge and very valuable future tax benefit known as \"net operating loss carry-forwards.\"Tesla was losing money for more than a decade before it finally started reporting net income in 2020. Those were real losses, which occurred when the costs of developing and building its cars in its early years far outstripped the money it could sell them for. It did so with the expectation that it would turn a profit in the future as demand increased and costs declined. That's exactly what happened.But, in running up billions of dollars in losses, Tesla was able to accumulate net operating loss carry-forwards that it could use in the future.Still, Tesla disclosed in this week's financial filing that it did not use any of those past losses to shield current income from taxes. And it took a bookkeeping maneuver that suggests it doesn't know if it will ever have to use those past losses to shield its US income.Tesla is rather bullish about its future, expecting annual sales growth of 50% for the foreseeable future. If it believed that its pre-tax losses in its domestic operations was temporary, it likely would not have not taken that step of reducing the value of those past losses as a way of eliminating future US taxes, according to Sullivan.Is Tesla losing money at home?There's another possible reason that Tesla might have reported a pre-tax loss on its US operations:—one that isn't as much an accounting maneuver designed to lower taxes as it is a warning sign about the viability of the company. Perhaps it still is losing money on the cars it is selling in the United States, and it can only make money using the lower costs of a relatively new factory in Shanghai, China.That's what one of Tesla's most fervent critics and doubters believes. Gordon Johnson of GLJ Research, points out that Tesla was losing money overall until after it started producing cars in Shanghai in October 2019. He believes that investors are giving Tesla too much credit for profits in the US that he doesn't believe are real.\"I think it's a massive deal,\" he said about Tesla's filing this week. \"They effectively said they don't plan on utilizing any of the net loss carry forwards. That means their US operations are losing money. It's an argument we've made over and over again. Outside of China, Tesla loses money.\"But other analysts who have examined its books insist Tesla's profits, both at home and overseas, are real, no matter what its US tax forms say.Johnson said if he's wrong, it's up to Tesla to be more transparent.\"The reality is, until they provide disclosure, both explanations could be right,\" he said.Musk's rare big tax billMusk has a history of using the US tax code to pay little or no personal federal income taxes. A report from ProPublica shows that for 2018 Musk and many other Americans near the top of the world's richest people paid no income tax.In Musk's case, he receives no salary from Tesla, only very valuable stock options, as a form of compensation. And under US tax code he doesn't have to pay taxes on those options until he exercises them to buy shares of stock at a fraction of their current value.He also would have to pay taxes if he sells shares he already held because of his earlier investment in the company, which he has rarely done. But he did that last year as well.Musk has not exercised most of the options that he holds. But he had options to buy 22.9 million shares that were due to expire in August 2022, and started exercising those options to buy additional shares late last year.In total, he spent $142.6 million to purchase shares worth $23.6 billion, giving him $23.5 billion in in taxable income, taxable for 2021 at a federal rate of about 41%.Musk also sold a small fraction of the additional shares he already owned, sales that fetched a taxable $5.8 billion at a lower capital gains rate.Together those stock trades likely resulted in roughly an $11 billion federal tax bill, which he has tweeted about.But that could well be the last time for years to come that he's paying a substantial federal tax,unless Congress passes one of the various proposals to tax the net worth of the nation's wealthiest individuals, rather than just their income. Several Democratic Senators, including Elizabeth Warren, Bernie Sanders and Ron Wyden have proposed that, but so far it hasn't come close to passing.Not surprisingly, Musk opposes such efforts, and has mocked all three senators on Twitter.The options Musk exercised last year that produced the massive tax bill aren't the end of his options. This week's financial filing from Tesla discloses that Musk received another 8.4 million options, bringing his total to 67.5 million.But none of those options expire until 2028. And thus it'll probably be five years before he starts to exercise those options, unless he leaves the company before then.If he is once again paying zero federal taxes, chances are good that his tax bill and his primary company's tax bill will be the same during those five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274777284002","authorId":"3479274777284002","name":"zoomzi","avatar":"https://static.tigerbbs.com/79994bc77de771ec5e7fabc95b9d921d","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274777284002","authorIdStr":"3479274777284002"},"content":"Musk paid $11 billion in taxes in 2021. Awesome!","text":"Musk paid $11 billion in taxes in 2021. Awesome!","html":"Musk paid $11 billion in taxes in 2021. Awesome!"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9092155214,"gmtCreate":1644563166202,"gmtModify":1676533941684,"author":{"id":"3576648101214667","authorId":"3576648101214667","name":"Damonnsq","avatar":"https://static.tigerbbs.com/7f6b26447026b487c525a85da04fc951","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648101214667","authorIdStr":"3576648101214667"},"themes":[],"htmlText":"Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.&nbsp;","listText":"Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.&nbsp;","text":"Tesla is not Elon musk. It's following tax rules. Don't spread FUD. Noob.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092155214","repostId":"1116795342","repostType":2,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274777284002","authorId":"3479274777284002","name":"zoomzi","avatar":"https://static.tigerbbs.com/79994bc77de771ec5e7fabc95b9d921d","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274777284002","authorIdStr":"3479274777284002"},"content":"Musk paid $11 billion in taxes in 2021. Awesome!","text":"Musk paid $11 billion in taxes in 2021. Awesome!","html":"Musk paid $11 billion in taxes in 2021. Awesome!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020721676,"gmtCreate":1652689461095,"gmtModify":1676535142082,"author":{"id":"3576648101214667","authorId":"3576648101214667","name":"Damonnsq","avatar":"https://static.tigerbbs.com/7f6b26447026b487c525a85da04fc951","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648101214667","authorIdStr":"3576648101214667"},"themes":[],"htmlText":"What's the consensus for this quarter&nbsp;","listText":"What's the consensus for this quarter&nbsp;","text":"What's the consensus for this quarter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020721676","repostId":"1166864073","repostType":4,"repost":{"id":"1166864073","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652688850,"share":"https://ttm.financial/m/news/1166864073?lang=&edition=fundamental","pubTime":"2022-05-16 16:14","market":"us","language":"en","title":"Sea Fell Over 2% in Premarket Trading Before Showing Its Financial Result","url":"https://stock-news.laohu8.com/highlight/detail?id=1166864073","media":"Tiger Newspress","summary":"Sea fell over 2% in premarket trading before showing its financial result.Looking ahead to 2022, the","content":"<html><head></head><body><p>Sea fell over 2% in premarket trading before showing its financial result.</p><p><img src=\"https://static.tigerbbs.com/d48dc68ebbf0b7cd1f926152ae50574d\" tg-width=\"771\" tg-height=\"573\" width=\"100%\" height=\"auto\"/></p><p>Looking ahead to 2022, the company is expecting GAAP e-commerce revenue of $8.9 billion to $9.1 billion. The GAAP revenue for digital financial services is expected to be in the range of $1.1 billion to $1.3 billion.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Fell Over 2% in Premarket Trading Before Showing Its Financial Result</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Fell Over 2% in Premarket Trading Before Showing Its Financial Result\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-16 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell over 2% in premarket trading before showing its financial result.</p><p><img src=\"https://static.tigerbbs.com/d48dc68ebbf0b7cd1f926152ae50574d\" tg-width=\"771\" tg-height=\"573\" width=\"100%\" height=\"auto\"/></p><p>Looking ahead to 2022, the company is expecting GAAP e-commerce revenue of $8.9 billion to $9.1 billion. The GAAP revenue for digital financial services is expected to be in the range of $1.1 billion to $1.3 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166864073","content_text":"Sea fell over 2% in premarket trading before showing its financial result.Looking ahead to 2022, the company is expecting GAAP e-commerce revenue of $8.9 billion to $9.1 billion. The GAAP revenue for digital financial services is expected to be in the range of $1.1 billion to $1.3 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352513411657808,"gmtCreate":1727081531289,"gmtModify":1727081662090,"author":{"id":"3576648101214667","authorId":"3576648101214667","name":"Damonnsq","avatar":"https://static.tigerbbs.com/7f6b26447026b487c525a85da04fc951","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648101214667","authorIdStr":"3576648101214667"},"themes":[],"htmlText":"Mainstream media crap&nbsp;","listText":"Mainstream media crap&nbsp;","text":"Mainstream media crap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352513411657808","repostId":"2469181672","repostType":2,"repost":{"id":"2469181672","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1727072045,"share":"https://ttm.financial/m/news/2469181672?lang=&edition=fundamental","pubTime":"2024-09-23 14:14","market":"sg","language":"en","title":"Harris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2469181672","media":"Reuters","summary":"U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three ","content":"<html><head></head><body><p>U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.</p><p style=\"text-align: start;\">The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said.</p><p>Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.</p><p style=\"text-align: start;\">She added that the plan is about investing in the aspirations and ambitions of the American people while addressing the challenges they face.</p><p style=\"text-align: start;\">The rollout would follow heated debate in Democratic circles over whether releasing more economic policies so close to election day is a smart strategy.</p><p style=\"text-align: start;\">&#34;It&#39;s not just about affordability, it&#39;s also about showing (voters) they have a path to building wealth,&#34; said one of the sources with direct knowledge of Harris&#39;s economic plans, adding she wanted to show Americans how they can &#34;get a foot in the door.&#34;</p><p style=\"text-align: start;\">None of the sources would provide specific details on the expected new policies, and the Harris campaign would not comment on any new proposals. However, Harris&#39; 2020 presidential run and President Joe Biden&#39;s administration included plans with similar goals.</p><p style=\"text-align: start;\">In her 2020 campaign, Harris proposed significant pay hikes for the millions of public school teachers, forcing companies to disclose their pay gap between men and women and penalizing those who are not narrowing it. The Biden and Harris administration have pushed to eliminate bias in home appraisals and use the over $700 billion federal contracting budget to buoy minority businesses.</p><p>Harris has released a basket of economic policies focused on the high cost of housing, taxes, small business expenses, childcare and goods. Her plans often build on Biden&#39;s policies, like increasing the child tax credit and lifting the corporate tax rate to 28%.</p><p style=\"text-align: start;\">Campaign spokesman James Singer did not comment on the story. He told Reuters that Harris &#34;will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.&#34;</p><p style=\"text-align: start;\">Releasing new economic policy with less than 50 days left in a tight presidential election race could mean the new measures never reach crucial voters, some advisers acknowledge.</p><p>&#34;Typically you&#39;d see a campaign wrap up persuading voters by September and move to mobilizing people but this is not a typical campaign,&#34; said a source with knowledge of the new plans, referring to Harris&#39; jump to the top of the ticket in late July. &#34;We have to continue persuading and mobilizing folks at the same time until the very end.&#34;</p><p>Republican Donald Trump&#39;s economic proposals aimed at working-class Americans include eliminating taxes on tips and Social Security benefits, opening up federal lands to housing construction and deporting millions of immigrants to the country who Republicans say are driving up costs.</p><p>The former president has also proposed new across-the-board tariffs on goods not made in the U.S. that could raise costs for American consumers and inflation, but that is backed by a slim majority of voters.</p><p>Trump has tried to pin on Democrats inflation that popped globally as the COVID-19 pandemic shutdowns eased and has made the still-high cost of groceries, particularly bacon, a rally speech staple. From 2019 to 2023, the food Consumer Price Index rose by 25%, the U.S. Department of Agriculture reported.</p><p>HARRIS GAINS ON ECONOMY</p><p style=\"text-align: start;\">Republicans have traditionally polled better on the economy than Democrats, and Trump beat Biden and then Harris on the topic earlier this year.</p><p style=\"text-align: start;\">Some polls, however, are shifting in her direction.</p><p style=\"text-align: start;\">A Financial Times-Michigan Ross poll this month showed 44% of registered voters trusted Harris&#39; economic stewardship compared with 42% who backed Trump, and Reuters/IPSOS polling in August showed her narrowing the gap on the economy.</p><p style=\"text-align: start;\">The Federal Reserve&#39;s decision to cut interest rates by half a percentage point last week, reflecting the belief that inflation risks have fallen, could lower some costs for consumers.</p><p style=\"text-align: start;\">Some Harris supporters have urged the campaign to double down on the economic message that is already out there instead of rolling out new ideas.</p><p style=\"text-align: start;\">&#34;My recommendation is to do more show-and-tells. Rather than address this with endless white papers, go to grocery stores and apartment buildings and more,&#34; said Donna Brazile, a longtime Democratic strategist.</p><p style=\"text-align: start;\">&#34;Inflation may have gone down, but the cost of living hasn&#39;t changed. Some of this is post pandemic and that still must be addressed,&#34; she said.</p><p style=\"text-align: start;\">Others believe more economic policy is not a priority. Adam Newar, a money manager and Harris donor said &#34;it&#39;s a character election&#34; and not a policy election.</p><p style=\"text-align: start;\">&#34;I&#39;m not sure what more policy information actually brings to the table. She really has to continue articulating a vision, communicate that vision to people who really feel like they&#39;ve been left behind,&#34; Newar said.</p><p style=\"text-align: start;\">Many of Harris&#39; proposals would require congressional approval, and would be unlikely to pass unless Democrats win both the House and Senate.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Harris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHarris to Release New Economic Proposals This Week on US Wealth Creation, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-09-23 14:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.</p><p style=\"text-align: start;\">The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said.</p><p>Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.</p><p style=\"text-align: start;\">She added that the plan is about investing in the aspirations and ambitions of the American people while addressing the challenges they face.</p><p style=\"text-align: start;\">The rollout would follow heated debate in Democratic circles over whether releasing more economic policies so close to election day is a smart strategy.</p><p style=\"text-align: start;\">&#34;It&#39;s not just about affordability, it&#39;s also about showing (voters) they have a path to building wealth,&#34; said one of the sources with direct knowledge of Harris&#39;s economic plans, adding she wanted to show Americans how they can &#34;get a foot in the door.&#34;</p><p style=\"text-align: start;\">None of the sources would provide specific details on the expected new policies, and the Harris campaign would not comment on any new proposals. However, Harris&#39; 2020 presidential run and President Joe Biden&#39;s administration included plans with similar goals.</p><p style=\"text-align: start;\">In her 2020 campaign, Harris proposed significant pay hikes for the millions of public school teachers, forcing companies to disclose their pay gap between men and women and penalizing those who are not narrowing it. The Biden and Harris administration have pushed to eliminate bias in home appraisals and use the over $700 billion federal contracting budget to buoy minority businesses.</p><p>Harris has released a basket of economic policies focused on the high cost of housing, taxes, small business expenses, childcare and goods. Her plans often build on Biden&#39;s policies, like increasing the child tax credit and lifting the corporate tax rate to 28%.</p><p style=\"text-align: start;\">Campaign spokesman James Singer did not comment on the story. He told Reuters that Harris &#34;will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.&#34;</p><p style=\"text-align: start;\">Releasing new economic policy with less than 50 days left in a tight presidential election race could mean the new measures never reach crucial voters, some advisers acknowledge.</p><p>&#34;Typically you&#39;d see a campaign wrap up persuading voters by September and move to mobilizing people but this is not a typical campaign,&#34; said a source with knowledge of the new plans, referring to Harris&#39; jump to the top of the ticket in late July. &#34;We have to continue persuading and mobilizing folks at the same time until the very end.&#34;</p><p>Republican Donald Trump&#39;s economic proposals aimed at working-class Americans include eliminating taxes on tips and Social Security benefits, opening up federal lands to housing construction and deporting millions of immigrants to the country who Republicans say are driving up costs.</p><p>The former president has also proposed new across-the-board tariffs on goods not made in the U.S. that could raise costs for American consumers and inflation, but that is backed by a slim majority of voters.</p><p>Trump has tried to pin on Democrats inflation that popped globally as the COVID-19 pandemic shutdowns eased and has made the still-high cost of groceries, particularly bacon, a rally speech staple. From 2019 to 2023, the food Consumer Price Index rose by 25%, the U.S. Department of Agriculture reported.</p><p>HARRIS GAINS ON ECONOMY</p><p style=\"text-align: start;\">Republicans have traditionally polled better on the economy than Democrats, and Trump beat Biden and then Harris on the topic earlier this year.</p><p style=\"text-align: start;\">Some polls, however, are shifting in her direction.</p><p style=\"text-align: start;\">A Financial Times-Michigan Ross poll this month showed 44% of registered voters trusted Harris&#39; economic stewardship compared with 42% who backed Trump, and Reuters/IPSOS polling in August showed her narrowing the gap on the economy.</p><p style=\"text-align: start;\">The Federal Reserve&#39;s decision to cut interest rates by half a percentage point last week, reflecting the belief that inflation risks have fallen, could lower some costs for consumers.</p><p style=\"text-align: start;\">Some Harris supporters have urged the campaign to double down on the economic message that is already out there instead of rolling out new ideas.</p><p style=\"text-align: start;\">&#34;My recommendation is to do more show-and-tells. Rather than address this with endless white papers, go to grocery stores and apartment buildings and more,&#34; said Donna Brazile, a longtime Democratic strategist.</p><p style=\"text-align: start;\">&#34;Inflation may have gone down, but the cost of living hasn&#39;t changed. Some of this is post pandemic and that still must be addressed,&#34; she said.</p><p style=\"text-align: start;\">Others believe more economic policy is not a priority. Adam Newar, a money manager and Harris donor said &#34;it&#39;s a character election&#34; and not a policy election.</p><p style=\"text-align: start;\">&#34;I&#39;m not sure what more policy information actually brings to the table. She really has to continue articulating a vision, communicate that vision to people who really feel like they&#39;ve been left behind,&#34; Newar said.</p><p style=\"text-align: start;\">Many of Harris&#39; proposals would require congressional approval, and would be unlikely to pass unless Democrats win both the House and Senate.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","TQQQ":"纳指三倍做多ETF","QQQ":"纳指100ETF","SQQQ":"纳指三倍做空ETF"},"source_url":"https://www.straitstimes.com/world/harris-to-release-new-economic-proposals-this-week-on-us-wealth-creation-sources-say","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2469181672","content_text":"U.S. Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said.Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.She added that the plan is about investing in the aspirations and ambitions of the American people while addressing the challenges they face.The rollout would follow heated debate in Democratic circles over whether releasing more economic policies so close to election day is a smart strategy.\"It's not just about affordability, it's also about showing (voters) they have a path to building wealth,\" said one of the sources with direct knowledge of Harris's economic plans, adding she wanted to show Americans how they can \"get a foot in the door.\"None of the sources would provide specific details on the expected new policies, and the Harris campaign would not comment on any new proposals. However, Harris' 2020 presidential run and President Joe Biden's administration included plans with similar goals.In her 2020 campaign, Harris proposed significant pay hikes for the millions of public school teachers, forcing companies to disclose their pay gap between men and women and penalizing those who are not narrowing it. The Biden and Harris administration have pushed to eliminate bias in home appraisals and use the over $700 billion federal contracting budget to buoy minority businesses.Harris has released a basket of economic policies focused on the high cost of housing, taxes, small business expenses, childcare and goods. Her plans often build on Biden's policies, like increasing the child tax credit and lifting the corporate tax rate to 28%.Campaign spokesman James Singer did not comment on the story. He told Reuters that Harris \"will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.\"Releasing new economic policy with less than 50 days left in a tight presidential election race could mean the new measures never reach crucial voters, some advisers acknowledge.\"Typically you'd see a campaign wrap up persuading voters by September and move to mobilizing people but this is not a typical campaign,\" said a source with knowledge of the new plans, referring to Harris' jump to the top of the ticket in late July. \"We have to continue persuading and mobilizing folks at the same time until the very end.\"Republican Donald Trump's economic proposals aimed at working-class Americans include eliminating taxes on tips and Social Security benefits, opening up federal lands to housing construction and deporting millions of immigrants to the country who Republicans say are driving up costs.The former president has also proposed new across-the-board tariffs on goods not made in the U.S. that could raise costs for American consumers and inflation, but that is backed by a slim majority of voters.Trump has tried to pin on Democrats inflation that popped globally as the COVID-19 pandemic shutdowns eased and has made the still-high cost of groceries, particularly bacon, a rally speech staple. From 2019 to 2023, the food Consumer Price Index rose by 25%, the U.S. Department of Agriculture reported.HARRIS GAINS ON ECONOMYRepublicans have traditionally polled better on the economy than Democrats, and Trump beat Biden and then Harris on the topic earlier this year.Some polls, however, are shifting in her direction.A Financial Times-Michigan Ross poll this month showed 44% of registered voters trusted Harris' economic stewardship compared with 42% who backed Trump, and Reuters/IPSOS polling in August showed her narrowing the gap on the economy.The Federal Reserve's decision to cut interest rates by half a percentage point last week, reflecting the belief that inflation risks have fallen, could lower some costs for consumers.Some Harris supporters have urged the campaign to double down on the economic message that is already out there instead of rolling out new ideas.\"My recommendation is to do more show-and-tells. Rather than address this with endless white papers, go to grocery stores and apartment buildings and more,\" said Donna Brazile, a longtime Democratic strategist.\"Inflation may have gone down, but the cost of living hasn't changed. Some of this is post pandemic and that still must be addressed,\" she said.Others believe more economic policy is not a priority. Adam Newar, a money manager and Harris donor said \"it's a character election\" and not a policy election.\"I'm not sure what more policy information actually brings to the table. She really has to continue articulating a vision, communicate that vision to people who really feel like they've been left behind,\" Newar said.Many of Harris' proposals would require congressional approval, and would be unlikely to pass unless Democrats win both the House and Senate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}