Moneyverse

Imagine working hard, generate income and then pay your taxes, and see a huge chunk of your paycheck disappear to government deductions. Meanwhile, billionaires (despite their massive fortunes) often pay a far lower true tax rate than the average worker. Some even pay nothing at all. How is that possible? It’s not because they’re breaking the law (well, most of them). Instead, they use perfectly legal loopholes, tax havens, and clever financial tricks to minimize what they owe. In this article, we’ll uncover the strategies the ultra-rich use to legally shrink their tax bills  and why the system allows them to get away with it. Before we continue, do take note of the key terms used such as "true tax rates" which aims to capture the percentage of an individual's wealth growth that they pay in taxes.  Source: P roPublica How much do Billionaires "evade" taxes? While the term "evade" might imply images of illegal activity, most of the tax strategies emp...

In a significant move that could reshape the digital payments landscape, Congress has introduced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025 . This groundbreaking legislation aims to establish a comprehensive framework for the issuance and oversight of dollar-denominated payment stablecoins. By setting forth clear regulatory guidelines, the STABLE Act seeks to protect consumers, ensure market stability, and position the United States as a global leader in digital financial innovation. Before you continue with this article, it is of paramount importance to take note of the definition of a Stablecoin.  What are Stablecoins? Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. They are relatively less volatile as compared to other cryptocurrencies like Bitcoin or XRP. Stablecoins pursue price stability by maintaining reserve assets as collateral or through a...

  Remember the days when Nokia was the name everyone trusted for their mobile phone? Nokia wasn’t just a name—it was a symbol of innovation, reliability, and style. From the clunky yet beloved brick phones of the 90s to the sleek and durable models of the early 2000s, Nokia set the standard for what a mobile phone could be. But one day, a titan that once ruled the mobile phone world found itself dethroned, seemingly out of nowhere. How did the company that invented the mobile revolution lose its cr own? A Glorious Era of Innovation In the early 1990s, Nokia shed the divisions of its business that were not directly related to telecommunications, such as data, energy, television, tire and cable production, focusing its corporate attention on innovation in the growing mobile phone market. In the days when mobile phones were just beginning to become a part of everyday life, Nokia was there, lighting up the world with designs that were both simple and effective. Their device...