MONEY

So Rich Folks Aren’t Stingy As F**k After All?
MONEY

So Rich Folks Aren’t Stingy As F**k After All?

At least half of American families have been giving money to charity every year – but that fraction had been declining prior to the global pandemic. We’re living in a very different world now. Millions are unemployed, the needs of nonprofits are ballooning and there are constant appeals for donations on social media and television. It’s still unclear how charitable giving will change. But one thing is the same: Massive donations by the rich and famous are making the same big splash they always do. Take, for example, the recent group of billionaires who are donating to pandemic relief. The growing list of these high-profile givers includes established philanthropists like Microsoft co-founder Bill Gates, who runs a big foundation along with his wife Melinda Gates, and Alibaba founder J...
Crafting Narratives That Speak To Us: Wines And Their Labels
MONEY

Crafting Narratives That Speak To Us: Wines And Their Labels

Marketing professionals often consider packaging to be a product’s primary means of communication. It communicates explicit and implicit messages to the consumer, particularly through its visual aspect. Behind labels’ designs, brand storytellings. In the wine sector, the importance of packaging is all the greater as marketers generally make little use of such media as TV, radio and billboards, either because of legal constraints or budget limitations. Thus if wine brands want to signify their differences and tell a story, be it real or fictional, about their product, they do so primarily through label design. The semiotician François Bobrie analysed the Wine Spectator’s Top 100 over five years and identified two broad categories of labels that tell different types of stories. The firs...
MONEY, TOP FOUR, VIDEO REELS

We Asked 4 Experts: Would Gas Tax Breaks Make A Big Difference When Prices Are Skyrocketing?

With gasoline prices trending over US$4 per gallon nationwide, politicians are feeling the heat. In response, Maryland and Georgia have temporarily waived their state gasoline taxes to reduce the burden on consumers. Other states are considering similar actions, and some members of Congress have called for suspending the federal gas tax. The Conversation asked four experts whether gas tax waivers are an effective way to provide economic relief to U.S. households, and what other impacts these measures could have. Not a windfall Jay Zagorsky, Senior Lecturer in Markets, Public Policy and Law, Boston University As an economist who has studied gasoline prices, I doubt that waiving gas taxes will meaningfully lower prices at the pump. Russia’s invasion of Ukraine boosted gasoline prices dramat...
What Gives Billionaires Like Musk And Abramovich Such A Massive Carbon Footprint
MONEY

What Gives Billionaires Like Musk And Abramovich Such A Massive Carbon Footprint

Tesla’s Elon Musk and Amazon’s Jeff Bezos have been vying for the world’s richest person ranking all year after the former’s wealth soared a staggering US$160 billion in 2020, putting him briefly in the top spot. Musk isn’t alone in seeing a significant increase in wealth during a year of pandemic, recession and death. Altogether, the world’s billionaires saw their wealth surge over $1.9 trillion in 2020, according to Forbes. Those are astronomical numbers, and it’s hard to get one’s head around them without some context. As anthropologists who study energy and consumer culture, we wanted to examine how all that wealth translated into consumption and the resulting carbon footprint. Walking in a billionaire’s shoes We found that billionaires have carbon footprints that can be thousands of...
Did Elizabeth Holmes Intentionally Lower Her Voice? What’s Behind The Obsession
MONEY, VIDEO REELS

Did Elizabeth Holmes Intentionally Lower Her Voice? What’s Behind The Obsession

There is a scene in Hulu’s new series, “The Dropout,” where Theranos founder Elizabeth Holmes, wearing a white blouse, stands in front of a mirror and practices saying, “This is an inspiring step forward.” With each iteration, her voice deepens. As the world has learned about Theranos’ web of deception – whether through John Carreyrou’s bestselling book, “Bad Blood,” Apple’s podcast series “The Dropout” or Hulu’s streaming series of the same name – Holmes’ supposed attempt to alter her voice is a detail that captivates audiences. The behavior might strike some people as bizarre, even sociopathic. But because of my training in vocology, the study of vocalization, and my interest in speech biases, I’m intrigued by why Holmes may have felt compelled to change her voice in the first place. I...
Tips From A Tax Scholar – Taxpayers Should Expect Serious Delays From The IRS This Year But Says Only Congress Can Fix The Underlying Problem
MONEY

Tips From A Tax Scholar – Taxpayers Should Expect Serious Delays From The IRS This Year But Says Only Congress Can Fix The Underlying Problem

No one likes tax season. It’s complicated, it’s stressful, and it’s getting worse. Last year was already the “most challenging year taxpayers and tax professionals have ever experienced,” according to the Taxpayer Advocate Service, an independent part of the Internal Revenue Service. According to the agency’s annual report, taxpayers had trouble reaching the IRS, tax returns took months to process, almost a quarter of refunds didn’t go out until 2022, and collection notices were sent out even after the tax owed was paid. The pandemic deserves some of the blame, but so do years of underfunding the IRS, antiquated computer systems and a dwindling workforce. And with millions of returns from 2021 still waiting to be processed, 2022 may be worse. That prospect has prompted lawmakers and oth...
Banking On Venture Capital
MONEY

Banking On Venture Capital

All too often in the quest to realize their dreams, entrepreneurs give away precious equity to finance their companies. Unfortunately, selling even a small percentage of shares to an investor can change the power structure and cause you to lose control of your vision. You don't have to give up your ownership for startup funding; there is a better way. AnalytIQ Group Capital's vast experience and knowledge with Early Stage Funding will allow you to keep all your equity and still get the capital you need to grow your business right now. You should own your business, it should not own you. To date AnalytIQ Group Capital has spearheaded (ESF) deals for over 20 startups around the United States. Contact us about our Early Stage Fund (ESF) program!
Everything You Need To Know To Claim The Child Tax Credit This Tax Filing Season
MONEY

Everything You Need To Know To Claim The Child Tax Credit This Tax Filing Season

The monthly child tax credit payments may be over, but families now face a new hurdle: Filing for the remaining portion they’re owed. An estimated 40 million households will be applying for the benefit this tax filing season, which, thanks to a bevy of coronavirus-related claims, is already expected to come with significant challenges and delays. The child tax credit, which was expanded to more people and for a larger amount in early 2021, was designed to arrive in two chunks in 2021 to nearly all families with children. The first payments were in six monthly increments. The second would come with families’ tax returns in 2022 — if they know how to get it. “There’s a huge, huge knowledge gap here,” said Jen Burdick, a lawyer at Community Legal Services of Philadelphia who has been helpi...
How To Stay Honest When Filing Taxes In A Pandemic Year
MONEY

How To Stay Honest When Filing Taxes In A Pandemic Year

Many in the U.S. will be filing their personal income tax returns in the next few months. With almost half of those in the U.S. having lost at least some employment income due to the virus, the 2022 tax season may bring more personal and financial stress than usual. As a result, there could also be a moral struggle going on about whether to be honest about one’s taxable income. Exaggerating one’s donation to Goodwill, for example, or failing to report freelance earnings could lower a taxpayer’s burden. Each year many people do cheat on their taxes. According to findings released by the Internal Revenue Service in 2016, tax evasion costs the federal government over US$450 billion each year. The IRS estimates that for every $6 owed in taxes to the federal government, one dollar is not pai...
One Of The Biggest Transpacific Business Success Stories Of All Time – The Cup Noodles Saga
MONEY

One Of The Biggest Transpacific Business Success Stories Of All Time – The Cup Noodles Saga

See a container of Cup Noodles at a convenience store and you might think of dorm rooms and cheap calories. But there was a time when eating from the product’s iconic packaging exuded cosmopolitanism, when the on-the-go meal symbolized possibility – a Japanese industrial food with an American flair. Cup Noodles – first marketed in Japan 50 years ago, on Sept. 18, 1971, with an English name, the “s” left off because of a translation mistake – are portable instant ramen eaten with a fork straight from their white, red and gold cups. I research how products move between America and Japan, creating new practices in the process. To me, Cup Noodles tell a story of crossing cultures, and their transpacific journey reveals how Japan has viewed America since World War II. A flash of inspiration ...