What Are Capital Gains?

There are long-term capital gains — and there are short-term capital gains. And then, of course, there are capital gains taxes. This is when the true fun begins: ranging anywhere from 0% to 35%, come April 15 each year Uncle Sam claims his share of your wins. It works both ways, of course: should your assets depreciate, you can sell at a capital loss and, in some cases, offset those taxable gains. mint.com explain capital gains and capital gain taxes in this infographic.

via www.mint.com

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Financial Flops of The Silver Screen

Creating a big, expensive epic that flops at the box office has got to be embarrassing. Depending on how bad the movie is and how badly it flops, it can destroy careers...

Do the biggest box office failures lose a few million? Ten million? More? Much more.

via www.creditloan.com

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Billionaires' Favorite Politicians

The billionaires on the Forbes 400 list have given more than $30 million to politicians and political action committees since 2006, along with millions more in soft money to politically active groups. Although Forbes 400 members give about 15% more money to Republicans than Democrats, they fund groups across the political spectrum.

via www.forbes.com
(click above link to see an interactive graphics)

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