Tag: taxes

After failing to get a deal on other planned tax increases, key Senate Democrats are pivoting to a billionaires' income tax to pay for President Biden's social spending.

Some small businesses and entrepreneurs, including sole proprietors, C-corporations and some LLCs, don’t have long to file their taxes if they received an extension on filing them earlier this year.Originally ...

Topline President Joe Biden on Thursday railed against growing wealth inequality in the United States in an attempt to bolster support for the Democrats’ lofty policy agenda, which is quickly ...

House Democrats have drafted a package of tax increases that falls short of President Joe Biden’s ambition, an acknowledgment of how politically precarious the White House’s $3.5 trillion economic agenda ...

U.S. House Democrats are expected to propose raising the U.S. corporate tax rate to 26.5% from 21%, the Wall Street Journal reported Sunday, citing a congressional aide.

The budget reconciliation bill now before Congress raises the exciting possibility that the Democrats will become once again the party of the working class. To get there, though, they’ll have ...

Democrats are scrambling to craft their multitrillion-dollar social spending package while seeking to avoid any points of contention that could threaten party unity.Many key aspects of the packag...

The U.S. Senate Rejected A Bipartisan Amendment Monday Aiming To Clarify The Tax-Reporting Provisions Required For Brokers Supporting The Bitcoin Economy.The U.S. Senate rejected a bipartisan amendment Monday aiming to ...

Of all the many provisions jammed into the 2,700-page bipartisan infrastructure bill that’s teetering ever closer to passage, an unlikely one has come to dominate the news in recent days: ...

Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends ...