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Their research consistently shows that givers want not only appreciation for their gifts but also a little piece of the happiness recipients get out of them, says Jeremy Utley, a teacher at the institute.
WSJ: How Did Santa Treat You This Morning?
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You'd pay tax on this appreciation only when and if you chose to sell, and your rate would be (at worst) half that imposed on dividends.
FORBES: Magazine Article
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By way of comparison, China is tightly controlling its currency, and only allowing minimal appreciation against the dollar, preferring to address currency and inflationary concerns with higher bank reserve requirements and increased tariffs on imports.
FORBES: Emerging Markets For The Timid