Current News

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IRS holding over 29M unprocessed tax returns, delaying refunds for many low-income Americans
At least 8 million returns have been placed in 'suspense' until an IRS employee can review Read More.
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Washington state passes new capital gains tax
The Washington state Senate passed a new capital gains tax on the sale of high-profit stocks, bonds and other assets on Sunday, sending the bill to Gov. Jay Inslee (D) to sign. Read More.
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The Grassroots Corner April 26, 2021
🇺🇸 The Grassroots Corner - Week Beginning 4/26/21: “Meet John Wesley Nobles” Read More.
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U.S. new home sales rebound exceeds expectations in March
Sales of new U.S. single-family homes rebounded more than expected in March, likely boosted by an acute shortage of previously owned houses on the market. Read More.
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'Dark money' surpassed $1B in 2020, mostly boosting Democrats
Anonymous donors gave about $660 million to outside groups Read More.
SpaceX launches NASA crew for mission to ISS on reused rocket after delay
A team of four astronauts will lift off at 5:49 a.m. ET from the Kennedy Space Center in Florida Read More.
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Biden Will Seek To Nearly Double Capital Gains Tax For Wealthy, According To Report
President Biden will propose hiking the capital gains tax rate from 20% to 39.6%, Bloomberg first reported Thursday, meaning that the top federal tax rate for some high-earning individuals could rise to 43.4% thanks to an additional 3.8% tax on net investment income that was passed as part of Obamacare. Read More.
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The Chairman’s Report April 23, 2021
Like the lady above whose smartphone is being stolen from her purse, we are all being victimized by thieves.  Just who are these thieves?  They are the ever-growing number of people who are illegally evading their income taxes. Read More.
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How crypto investments can play a role in home purchases
Bitcoin has advanced over 90% so far this year, despite a dip Read More.
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U.S. FDA finds peeling paint, debris at U.S. plant making J&J’s COVID-19 vaccine
The U.S. Food and Drug Administration (FDA) said it had found problems including peeling paint and loose debris during inspections at a U.S. plant in Baltimore that makes Johnson & Johnson’s (JNJ.N) COVID-19 vaccine and asked for remediation of the issues. Read More.
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Bernie Sanders Introduces New Wall Street Tax To Fund Free College Tuition
TOPLINE Sen. Bernie Sanders (I-Vt.) and Rep. Pramila Jayapal (D-Wash.) on Wednesday introduced legislation to make college tuition free for millions of Americans, paid for by a new tax on Wall Street trades. Read More.
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Stocks stage rebound even as Netflix sinks
Verizon Communications Inc. lost a larger than expected 178,000 wireless customers last quarter Read More.
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GameStop loses CEO in latest management shakeup
GameStop Corp’s (GME.N) George Sherman will step down as chief executive officer in the biggest shakeup at the video game retailer, giving top shareholder Ryan Cohen more control as he leads the company’s shift to e-commerce. Read More.
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Meet The Billionaire Family Building America’s Roofs—And Taking On Elon Musk
For more than a century, Standard Industries has been on top of the roofing world. Now co-CEOs David Millstone and David Winter are ready to roll out a high-tech solar version to rival Tesla’s and give home construction a jolt. Read More.
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Stocks slip off record highs, GameStop, Peloton in focus
U.S. equity markets pulled back from record highs Monday as another week of trading kicked off on Wall Street. Read More.

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