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EXPLAINER: What’s a ‘Wealth Tax’ and How Would it Work?

October 26, 2021 Alyssa Comments Off

APNews.com: To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is: billionaires. Biden never endorsed an outright “wealth tax” when campaigning last year. […]

Top 1% of Wealthiest Households Pay Mounting Share of All US Income Taxes

February 4, 2021 RickMad Comments Off

FoxBusiness: The richest households paid 40.1% of all federal income taxes in 2018 The share of the nation’s individual income taxes that are paid by the wealthiest households has increased over recent decades alongside their adjusted gross income, […]

Biden Vows to Hike Corporate Taxes on ‘Day One’ of His Presidency

September 11, 2020 RickMad Comments Off

Fox Business: The former vice president has vowed to raise the corporate tax rate from 21 percent to 28 percent. Democratic presidential candidate Joe Biden pledged to raise the tax rate that corporations pay on “day one” of his presidency, […]

Technology

IOS 15 Review: New Features like Focus Mode and Live Text are Game-Changers

CNET.com: Whether you’re getting Apple’s new iPhone 13 or holding onto a 6-year-old iPhone 6S, iOS 15 is now available to download to your phone. The new version of iOS was in public beta for months undergoing [...]
Economy

A Recession Is Coming, Or Is It?

RealInvestmentAdvice.com: Since the beginning of 2022, the media has regularly warned a recession is coming. As we suggested previously, if a recession DID occur, it would be the most well-forecasted recession ever [...]
IRS

Expecting a 2022 Tax Refund? Tips for Getting Your Money Back Faster

FoxBusiness.com: The 2022 tax season is officially underway, and the IRS has a few tips for Americans looking to get their tax refund as quickly as possible. While the IRS [...]
Corona Virus

Bidding Wars Erupt For Renters as the Economy Recovers In a Hot Housing Market

CNBC.com: They are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging and outpacing supply. [...]
Corona Virus

Worries Grow Over a K-Shaped Economic Recovery That Favors The Wealthy

CNBC: As the economy struggles to shake off the pandemic effects, worries are growing that the recovery could look like a K.That would be one where growth continues but is [...]
Cryptocurrency

Kim Kardashian and Floyd Mayweather Sued by Investors Over Alleged Crypto Scam

CNBC.com: A class action lawsuit accuses Kim Kardashian and Floyd Mayweather of artificially inflating the price of the cryptocurrency EthereumMax.The celebrities made “false or misleading statements” about the little-known token [...]