Skip to main content

FOX BIZ NEWS: Democrats push tax break for high-income earners in last-minute social spending package revision


Democrats push tax break for high-income earners in last-minute social spending package revision



In a late Thursday night revision to President Biden’s social spending package, Democrats included a provision that would raise the itemized deduction cap for state and local taxes (SALT), a move analysts argue will only benefit high-income earners.

via FOX BUSINESS NEWS https://ift.tt/eClIsS8
Labels:

Comments

Post a Comment

Popular posts from this blog

FOX BIZ NEWS: Exxon loses board seats to activist hedge fund in landmark climate vote

Exxon loses board seats to activist hedge fund in landmark climate vote A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's carbon footprint and growth plans. via FOX BUSINESS NEWS https://ift.tt/34yCphP
Post a Comment
Read more

FOX BIZ NEWS: Facebook slammed for stifling 'wrong-think' on climate change

Facebook slammed for stifling 'wrong-think' on climate change Facebook has gotten more aggressive in promoting claims about a climate change consensus, adding fact-check-style “information” notes to various posts. Climate experts have condemned the move, attacking the study on which the claim of “consensus” is based and faulting Facebook for becoming an Orwellian thought police. via FOX BUSINESS NEWS https://ift.tt/3BEUt7L
Post a Comment
Read more

FOX BIZ NEWS: Elon Musk tweets he has better plans for his money that Dems want to take

Elon Musk tweets he has better plans for his money that Dems want to take Elon Musk says he already has better plans for the additional billions that Democrats want to take from him with their proposed billionaire's tax. via FOX BUSINESS NEWS https://ift.tt/3CtfR0Y
Post a Comment
Read more