Tag: US news

Why Uber Is Losing Money

Why Uber Is Losing Money

Uber is going public at a valuation of over $75 billion. The world’s biggest ride-hailing business is hitting the market just weeks after smaller rival Lyft. When you think about the excitement surrounding Lyft, multiply that for Uber. This is more global. It’s diversified. So there’s certainly a lot of excitement from public market investors. …

How America’s Marginal Tax System Actually Works

How America’s Marginal Tax System Actually Works

This was the Internet’s reaction to Alexandria Ocasio Cortez’s proposed tax increase. Ocasio Cortez has suggested a 70 percent tax on the super rich to pay for the new Green Deal. But it means that as you climb up this ladder, you should be contributing more. There’s a lot of conflicting opinions out there and …