Politics & Presidents
Biden eyeing higher tax rate. President Joe BIden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6% to help pay for a raft of social spending that addresses long standing inequality, according to people fa... Read More
Biden details trillion dollar plan. The Biden administration detailed the $1.8 trillion collection of spending increases and tax cuts that seeks to expand access to education, reduce the cost of child care and support women in the work force, f... Read More
Why many rich backing up Biden. It has been a long held idea that most rich people generally support Republicans due to the fact that Republicans want lower taxes and Democrats spend more on social programs. And for some time that was true. Re... Read More
Biden seeks billions to beef up irs. President Biden is seeking $80 billion to beef up the IRS. This after Congress has already approved of funding last fall to improve customer service and increase agents in the Collection Division of the IRS.... Read More
BIden and another stimulus check. As the economy slogs along, moving in fits and starts, struggling with new strains of COVID-19 and increases vaccines getting into the arms of Americans and citizens all over the world, a tough choice has to be... Read More
Rich Americans mad at bidens taxes. With the political winds shifting, after years of allowing corporations and the wealthy pay lower tax rates than average Americans, the Biden Administration is on the verge of trying to change that, to financ... Read More
Biden details how to pay for proposal. Biden's plans represent a sharp break with the policies of President Trump, whose budget proposals prioritized military spending and border security, while seeking to cut funding in areas like environmental p... Read More
Biden increased spending on domestic issues. President Biden outlined a vast expansion of federal spending, calling for a 16 percent increase in domestic programs as he tries to harness the government's power to reverse what officials called a dec... Read More
President bidens bet on taxes. President Biden and the Democrats are making a big bet that the politics of taxes changed. In their view, the American public---frustrated by the economic impact of COVID-19 and years of stagnation for the middle cla... Read More
President to raise taxes on the rich. Democrats have spent the last several years clamoring to raise taxes on corporations and the rich, seeing that as a necessary antidote to widening economic inequality and a rebuke of President Donald signature... Read More
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