Biden's proposed capital gains tax hike might hit wealthy Americans with 57% rate, study shows
President Biden's coming proposal to increase capital gains taxes for the richest Americans could push the rate paid by investors when they sell stocks and other assets as high as 56.7% in some states.
Democrats urge Biden to make expanded child tax credit permanent in next spending bill
A top House Democrat is turning up the pressure on President Biden to include a permanent expansion of the child tax credit in his next big-ticket economic spending package.
Elizabeth Warren: It's a 'win' Biden describes childcare as 'infrastructure'
Sen. Elizabeth Warren, D-Mass., praised President Biden's priority on childcare as she pushed to include her universal day care proposal into the next round of infrastructure spending.
Varney: Red states get a bigger voice in Congress
FOX Business' Stuart Varney on the political impact of people moving out of Democrat-led states.
Biden to request extra $80B for IRS to enhance tax enforcement: report
President Biden is expected to propose boosting funding for the Internal Revenue Service by an extra $80 billion as part of a sweeping plan to crack down on tax evasion by wealthy Americans and large corporations.
Biden administration to issue executive order to increase minimum wage for federal contractors
The Biden administration is expected to issue an executive order Tuesday that will require all federal contractors to pay their employees working on federal projects a $15 minimum wage.
Simon & Schuster Employees Submit Petition Demanding No Deals With Trump Administration Authors
An employee petition at Simon & Schuster demanding that the company stop publishing authors associated with the Trump administration collected 216 internal signatures and several thousand outside supporters, including well-known Black writers.
Larry Kudlow: Joe Biden’s 'assault on investment' will 'greatly damage the middle class,' stifle economic boom
"Kudlow" host Larry Kudlow slammed President Biden’s proposed capital gains tax hike Monday calling the move an "assault on the blue-collar middle-class wages."
Still waiting for your stimulus check? Here's what the IRS says you need to do
The IRS has delivered about 161 million stimulus checks as part of President Biden's $1.9 trillion American Rescue Plan, but some Americans are still waiting for their payment to arrive – and the deadline is fast approaching to claim the money.
Bill Gates predicts world completely back to normal by end of 2022
Billionaire Bill Gates said Sunday that the world could be completely back to normal by the end of 2022 thanks in large part to the continued rollout of the COVID-19 vaccine, though he doesn't believe the virus will be totally eradicated by then.
Biden's 100 days in office: Dems ramp up spending as US deficit surges
President Biden is approaching the 100-day mark of his time in office, a roughly three-month period dominated by the coronavirus pandemic, the ensuing economic turmoil that accompanied it and a torrent of increased federal spending by Democrats.
Biden to propose capital gains tax increase for Americans earning over $1M
President Biden plans to raise capital gains taxes for Americans earning more than $1 million, his top economic adviser said on Monday.
Biden’s estate tax changes will wipe out millions of small businesses: Norquist
Americans for Tax Reform President Grover Norquist on President Biden considering increasing estate taxes.
Varney: Welcome to 'tax the rich week'
FOX Business' Stuart Varney shares his thoughts on Democrats taxing the rich during his latest "My Take."
Dem senators urge Biden to expand Medicare in next big spending bill
A coalition of 17 senators is calling on President Biden to expand Medicare as part of his next massive economic spending bill.
Biden's tax plans a 'war on success': Analyst
Fitz-Gerald Group chief investment officer Keith Fitz-Gerald argues markets will "definitely" react to “big government” controlling your money.
Biden's proposed tax hikes punish the US economy: Rep. Kevin Brady
Rep. Kevin Brady, R-Texas, discusses the negative impact of President Biden's proposed tax increases.
Tesla, Amazon earnings and Federal Reserve decision top week ahead
The earnings parade rolls on this week as dozens of names including Tesla, Microsoft, Alphabet, Apple, Amazon and Facebook are set to report.
Sen. Paul: Raising capital gains tax will lead to 'significant market reaction'
Sen. Rand Paul, R-Ky., warned on Sunday that increasing the capital gains tax will lead to a "significant market reaction."
GOP Sen. Capito: WH showing 'very encouraging signs' on negotiating infrastructure package
Republicans have responded to President Biden's $2 trillion-plus infrastructure plan with a narrower proposal that would cost roughly $650 billion, and while there is a wide gap between the two sides, one Republican senator gave reason for optimism.















