California governor Gavin Newsom proposes a software tax similar to one announced by UK and Canada on American companies

California Governor Gavin Newsom has proposed expanding the state’s sales tax to include digital prewritten software. The proposed move could increase costs for software and SaaS companies and draw comparisons with digital services taxes introduced against American companies in countries such as Canada and the UK. The proposal comes at a time when taxes targeting…

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Warren Buffet’s one-line reply to Amazon founder Jeff Bezos’ question on why people don’t like copy his investment strategy

It is regarded as one of the most successful investing strategies in human history, yet almost no one copies it. Amazon founder Jeff Bezos once asked Warren Buffett why more people do not copy his investing strategy. The legendary American investor’s one-line reply was classic, witty and entirely brutally honest: his approach is a “get-rich-slowly…

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Moody’s Analytics chief economist Mark Zandi warns of high risk of recession in America; unless the US government changes …

Mark Zandi is chief economist of Moody’s Analytics. Moody’s Analytics chief economist Mark Zandi has warned that the United States a high risk of recession unless policymakers change the course on various key economic fronts. According to a report by Business Insider, speaking during a webcast hosted by Marcus & Millichap, Zandi said that the…

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