President Joe Biden describes his $3.5 trillion spending scheme as a way to improve the economy and "build back better." It is going to work every bit as well as his evacuation from Afghanistan. Read More.
The Democrats in control of Congress and the presidency seek to transform our county. If they are successful in passing and signing into law the $3.5 trillion reconciliation package that is being forced through Congress via arcane budget procedures, to the objections of both Republicans and Democrats, Americans will see the biggest expansion of government accompanied by the largest tax increase in a generation. Read More.
Over the course of the last several months, the Biden administration has used executive action to cancel billions in student loan debt for hundreds of thousands of borrowers. But so far, the enacted student loan forgiveness has been highly targeted to benefit narrowly-defined categories of borrowers.
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The Internal Revenue Service has extended the ability to digitally sign a wide variety of tax forms indefinitely, enshrining a temporary grant of relief for the pandemic into a more permanent policy. Read More.
Throughout history, there has always been tension between employers and employees. Employers want to make as much profit as they can and employees want to earn as much income as they can. Read More.
The U.S. Internal Revenue Service said on Tuesday that victims of Hurricane Ida, including all residents of Louisiana, will have until Jan. 3, 2022, to file individual and business tax returns and make tax payments due after Aug. 26. Read More.
Senate Democrats have decided to move forward with an idea that would repurpose a Trump-era tax break to help impose higher taxes on U.S. companies’ foreign income. Read More.
The hiring push is the fund company’s third in less than a year, reflecting the boom in individual investing that has lifted the entire trading industry. Read More.