Looking back to 1996, it is encouraging that the educational, age and gender profile of the online population is approaching that of the U.S. More distressing is the lack of change in the income profile.

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Malaysia is a solid middle-income country with a good demographic profile and a nicely balanced economy.

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The political shift in tone came after Hollande attempts to slap a 75% income tax on those earning over 1 million euros led to some high profile millionaires, including actor Gerard Depardieu, to seek citizenship abroad.

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The firm prides itself on a low-profile image catering to institutional clients, with a strength in fixed-income and structured products but expanding expertise in equities.

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And munis do indeed have prices out of line with their risk profile: exactly and specifically because of the different rates of taxation upon the income from them.

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Although spending more on security in two weeks than the average American's yearly income may seem excessive, Jackson's expenditures are in the lower end of what most high-profile individuals pay to protect themselves, their families and their property.

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