💵 Biden eyeing capital gains tax as high as 43.4% for wealthy
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Biden eyeing capital gains tax as high as 43.4% for wealthy. President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6% to help pay for a raft of social spending that addresses long-standing inequality, according to people familiar with the proposal. (Laura Davison via Bloomberg)
India's giant second wave is a disaster for it and the world. April 14th was a big day in India. Hindus and Sikhs gathered to mark the new year. Many Muslims celebrated the first day of Ramadan at late-night feasts with friends and family. (The Economist)
Simone Biles leaves Nike for partnership with Athleta. Superstar gymnast Simone Biles is leaving Nike Inc., departing the sneaker juggernaut's roster for a new apparel partnership with Athleta that she says more closely reflects her values. (Louise Radnofsky via Wall Street Journal)
Brett Kavanaugh rules children deserve life in prison with no chance of parole. In September 2018, in between screaming about his love of beer and crying over his love of calendars, Brett Kavanaugh told the Senate Judiciary Committee: “If we want to sit here and talk about whether a Supreme Court nomination should be based on a high school yearbook page, I think that’s taken us to a new level of absurdity. (Bess Levin via Vanity Fair)
$260 billion wiped off crytpocurrency market in 24 hours as bitcoin plunges below $50,000. Bitcoin and other digital currencies plunged on Friday as a proposed capital gains tax hike from U.S. President Joe Biden led to a wave of selling. (Arjun Kharpal via CNBC)
In Praise of Anything but Antibodies. If the immune system ran its own version of The Bachelor, antibodies would, hands down, get this season's final rose. These Y-shaped molecules have acquired some star-caliber celebrity in the past year, due in no small part to COVID-19. (Katherine J. Wu via The Atlantic)
Put macOS on the iPad, you cowards. Okay, hear me out on this. I really would just like Apple's next iPad Pro to be a laptop. Not a clamshell, but a Surface Pro type of deal: a tablet with laptop hardware and a laptop OS. I think there must be people at Apple who want this, too, so… (Monica Chin via The Verge)
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