Articles
Some Google employees reportedly face a pay cut of up to 25% if they work from home permanently, according to a leaked salary calculator
Google employees may face a pay cut if they decide to work from home indefinitely, according to a leaked internal salary calculator obtained by Reuters. Read More.
Elizabeth Warren will propose a minimum tax on the nation’s richest companies.
Senator Elizabeth Warren of Massachusetts and her allies will propose a minimum tax on the profits of the nation’s richest companies, regardless of what they say they owe the government, as part of Democrats’ $3.5 trillion economic and social-policy package. Read More.
Consumer prices rise 5.4% annually in July
Prices rose 0.5% in July Read More.
U.S. judge says Florida can't ban cruise ship's 'vaccine passport' program
Aug 8 (Reuters) - A U.S. judge has allowed Norwegian Cruise Line Holdings Ltd. (NCLH.N)todemand that passengers show written proof of coronavirus vaccination before they board a ship, dealing a major blow to Florida Governor Ron DeSantis's effort to ban "vaccine passports." Read More.
Yellen urges Congress to raise debt limit with GOP support
Treasury Secretary Janet Yellen urged Congress on Monday to pass a bipartisan resolution to raise the amount of money the U.S. government can borrow, saying failing to increase the debt ceiling so would "cause irreparable harm" to the economy. Read More.
Split over crypto tax threatens to bog down US infrastructure bill
Lawmakers are divided over how to tax and regulate cryptocurrencies Read More.
Exxon suspended from climate advocacy group it helped form
Move comes after an Exxon lobbyist said carbon tax would never gain enough support to be adopted Read More.
Slowly but surely, bipartisan infrastructure bill passes another hurdle
WASHINGTON — Senators hoisted the $1 trillion bipartisan infrastructure package over another hurdle late Sunday, a coalition of Democrats and Republicans pushing it closer to passage despite a few holdouts trying to derail one of President Joe Biden’s top priorities.
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The Grassroots Corner August 9, 2021
🇺🇸 The Grassroots Corner - Week Beginning 8/09/21: “Hostile Argument: The FAIRtax Will Be Added On Top Of State Sales Taxes” Read More.
White House backs senators in debate over the need for tougher crypto regulations with a surprise statement
The White House stepped into a wrangle between senators over cryptocurrency regulation in the infrastructure bill late Thursday, coming out in support of those taking a tougher stance on which companies must comply with the tax rules. Read More.
US economy adds 943K jobs in July, blowing past expectations
Unemployment rate fell to 5.4% Read More.
The Chairman’s Report August 6, 2021
A July 13th article in the Wall Street Journal points out that more and more wealthy people are purchasing things they want not by selling their investment assets but by borrowing against their value and using the borrowed funds to make their purchases. Read More.
3 US Senators are proposing amendments the infrastructure bill that would put some of the cryptocurrency market out of its reach
A group of US senators is proposing a legislative amendment to the infrastructure bill that would exclude certain parts of the cryptocurrency industry from a tax reporting rule. Read More.
Robinhood soars 29% to post-IPO high as investors like Cathie Wood's ARK Invest build positions
Shares of Robinhood soared as much as 29% on Tuesday to a post-IPO record high of $48.59 as long-term investors like Cathie Wood's Ark Invest begin to build a position in the fintech platform. Read More.
U.S. private payrolls growth slows as labor shortages linger
WASHINGTON, Aug 4 (Reuters) - U.S. private payrolls increased far less than expected in July as shortages of workers and raw materials constrained hiring in the manufacturing and construction industries. Read More.
