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President Joe Biden and first lady Jill Bidenreleased their 2022 tax returnTuesday night, hours before the IRS tax-filing deadline struck.According to the return, the couple earned $579,514 in adjusted gross income and paid $169,820 in combined federal and state income taxes Their effective federal income tax rate was 23.8%. Most of the familys income came from President Bidens $400,000 White House salary. Jill Biden also made $82,335 for her position at Northern Virginia Community College.The couple also reported $5,092 in income from S corpo
stanley cups uk rations CelticCapri Corp. and Giacoppa Corp. They have received income from these S corporations in the past for royalties from speaking and writing engagements.The Bidens reported giving over $20,000 to 20 different charities. The largest such donation was to the Beau Biden Foundation for $5,000.SEE MORE: How the IRS put Inflation Reduction Act funding to use this yearPresident Biden stands in contrast to hi
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Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, its become a vortex battleground where swarms of smaller investors see themselves making an epic stand against the 1%. And the funds serving the financial elite are starting to walk away in defeat, after bets they made for GameStops stock to fall left them facing billions of dollars in collective losses. A pair of professional investment firms that placed big bets that money-losing video game retailer GameStops stock will crash have largely abandoned their positions.The online-fueled stock surge of GameStop has caused the company s worth to shoot to nearly $10 billion. Last summer, it s stock was worth $4 a share, a share Wednesday is above $300, at one point hitting $372. The increase in free or low-cost and easier access to trading with apps like Robinhood, plus a jokey Reddit forumhave collided to cause the surge.It started when it w
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vaso stanley existed in the company that it would lose value. Betting that a company would lose value, or short bets, is normal on Wall Street. And having a situation GameStop was in is not unheard of. What is unique this time, is that people noticed and decided to see what would happen to those betting on a loss, when suddenly there was investment in the stock.What started as a chat on Reddit has become a real-life stock surge, and some experts are worried
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