Taxes

Biden's proposed 39.6% capital gains rate is stirring the pot on Wall Street.

No family should be forced into a particular childcare arrangement by the government.

President Biden is set to unveil a sprawling $1.8 trillion spending plan to ramp up federal investment in education, child care and paid family leave, funded by a slew of new tax hikes on rich Americans.

The IRS will issue a seventh batch of stimulus checks this week, delivering payments to another 2 million Americans.

President Biden is poised to release $1.8 trillion spending plan that seeks to dramatically boost federal investment in education, child care and paid family leave, a sweeping measure funded largely by raising taxes on the top sliver of U.S. households.

President Biden is expected to announce the American Families Plan during his first joint address to Congress on Wednesday that has been framed as a complement to earlier massive investments during the COVID-19 era, but critics will likely seize on the plan as an attempt to extend major parts of the earlier relief packages.

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.

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.