#section899 in #onebigbeautifulbill would mean a (massiv) increase in #tax for #european #investors on #dividends … #money goes where its treaded best… we, therefore, will see a drain in #usinvestments from abroad…. As the #dividendyield will dramatically go down…. So, consequentially, it will depress #stock prices and depress the #USdollar. … so, will we see #capitalcontrol next? Or more taxes on #capitalgains? Looks like the US is desperate to find „new sources of income“.
"The drop returned it to a threshold that triggered an emergency interest-rate hike in August and prompted fierce discussion about possible #CapitalControl measures to bolster the #ruble.
Disputes between the #Kremlin and the #CentralBank over the best way to strengthen the ruble have spilled into the open." #Ukraine
Ruble sinks back to 100 versus dollar in new headache for Russia
https://finance.yahoo.com/news/ruble-sinks-back-100-versus-043654705.html