Category «Financial System»

Blockchain Token Securities Law Framework

Coinbase blog: “Today, we’re excited to announce the release of a Blockchain Token Securities Law Framework. We’ve also created a Framework Tool as a guide for developers and users of blockchain tokens. As the development of blockchain tokens (also known as App Coins) continues to enable new decentralized business models, new legal issues come into …

Subjects: E-Commerce, Economy, Financial System, Legal Research

WaPo reports on Pentagon study highlighting $125B in waste

Pentagon buries evidence of $125 billion in bureaucratic waste, Craig Whitlock and Bob Woodward: “The Pentagon has buried an internal study that exposed $125 billion in administrative waste in its business operations amid fears Congress would use the findings as an excuse to slash the defense budget, according to interviews and confidential memos obtained by …

Subjects: Defense, Economy, Financial System, Government Documents, Legal Research

Tax Policy Center – An Analysis of Donald Trump’s Revised Tax Plan

“This paper analyzes presidential candidate Donald Trump’s revised tax proposal, which would significantly reduce marginal tax rates, increase standard deduction amounts, repeal personal exemptions, cap itemized deductions, and allow businesses to elect to expense new investment and not deduct interest expense. His proposal would cut taxes at all income levels, although the largest benefits, in …

Subjects: Economy, Financial System, Government Documents

The Manufacturing Footprint and the Importance of U.S. Manufacturing Jobs

Economic Policy Institute Report: “Executive summary – While U.S. manufacturing has been hit hard by nearly two decades of policy failures that have damaged its international competitiveness, it remains a vital part of the U.S. economy. The manufacturing sector employed 12 million workers in 2013, or about 8.8 percent of total U.S. employment. Manufacturing employs …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research

FRB Beige Book – November 30, 2016

“Reports from the twelve Federal Reserve Districts indicate that the economy continued to expand across most regions from early October through mid-November. Activity in the Boston, Minneapolis, and San Francisco Districts grew at a moderate pace, while Atlanta, Chicago, St. Louis, and Dallas cited modest growth. Philadelphia, Cleveland, and Kansas City cited a slight pace …

Subjects: Economy, Financial System, Government Documents

GAO reports on student loan debt forgiveness topping $100 Billion

Federal Student Loans: Education Needs to Improve Its Income-Driven Repayment Plan Budget Estimates, GAO-17-22: Published: Nov 15, 2016. Publicly Released: Nov 30, 2016. “For the fiscal year 2017 budget, the U.S. Department of Education (Education) estimates that all federally issued Direct Loans in Income-Driven Repayment (IDR) plans will have government costs of $74 billion, higher …

Subjects: Economy, Education, Financial System, Government Documents

2017 State of the Services Economy Report

The 2017 State of the Services Economy Report Presented by Mavenlink & Gigaom “It’s clear that opportunities for services providers have never been greater. In 2016, IBS estimated that the global services economy will represent a staggering $3 trillion in commercial opportunity. And its rapidly growing. However, there is also overwhelming consensus that the industry …

Subjects: Economy, Financial System, Government Documents, Marketing

Factors Affecting Revenue Estimates of Tax Compliance Proposals

Janet Holtzblatt (CBO) and Jamie McGuire (JCT) “This paper examines various factors that affect estimates made by the Congressional Budget Office and the staff of the Joint Committee on Taxation of the budgetary savings from tax compliance proposals. Affecting the current law baseline, against which proposed changes are measured, are the size of the tax gap …

Subjects: Economy, Financial System, Government Documents

Charities Aid Foundation World Giving Index 2016

“The CAF World Giving Index is a leading study on global generosity. Now in its seventh year, it provides a picture of charitable behaviour around the world. The CAF World Giving Index measures the average percentage of people in each country who donate money, volunteer or help a stranger. This year, 140 countries were surveyed, representing around 96% of the world’s …

Subjects: Economy, Financial System