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Taken together, it demolishes the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most. The IRS records show that the wealthiest can — perfectly legally — pay income taxes that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes grow each year.
And Instagram has catered to this growing group of online shoppers by turning its platform into an online market of sorts, compete with a dedicated shop button, built-in checkout features, alerts about product drops and numerous ways for creators to generate profits from their work.
The unintended consequences of making Juneteenth a national holiday
The banking app Qapital allows users to set unlimited savings goals and develop rules to trigger automatic savings. "It helped me get organized around an emergency savings account (and) down payments for important financial decisions like a car," says Josh Tammaro, a 27-year-old from Boston. "Using Qapital's rules and goal-based savings accounts helped make saving more actionable and rewarding." For instance, Tammaro created a rule that whenever he used the Lyft ride-sharing service, Qapital would transfer $5 toward his savings goals of a down payment on a car. A basic plan on Qapital costs $3 a month. Plans that include a debit card and investment options cost $6 and $12 a month.