Monday, July 26

Corporate Tax

Biden, Capital gains tax, Corporate Tax, Economics, Economy, Markets, Middle Class, Policy, Politics, Town Hall, trickle down, wealth tax

Biden says he’s’tired of trickle down’ leaving out the middle class:’Just pay your fair share’

At a CNN town hall, Biden said he is "tired of trickle down" economics leaving out the middle class. Trickle-down economics is the idea that benefits for the wealthy will "trickle down" to the rest of society. Biden said a solution to creating an equitable economy is ensuring the wealthy pay their fair share in taxes. LoadingSomething is loading. ...
American Jobs Plan, BI Commentary, Commentary Freelancer, Corporate Tax, Economy, Insurance, Mortgage, Opinión, Politics, Real Estate

Biden’s big jobs plan will actually hurt low-income and minority Americans’ chances of owning a home

The American Jobs Plan would make home ownership less accessible for low-income and minority home buyers. If you can't put 20% down when you buy a house, you have to pay mortgage insurance. Biden's plan would make private mortgage insurance more expensive. Jerry Theodorou is the director of the Finance, Insurance and Trade Policy Program at the R Street Institute. This is an opinion column. The thoughts expressed are those of the authors. See more stories on Insider's business page. Homeownership is a pillar of the American dream. Last year, the pandemic made many Americans realize ...
Corporate Tax, Corporate Tax Rate, corporate tax reform, Economy, Infrastructure, infrastructure spending, Markets, Policy, Politics, tax increase, Taxes

Biden ditches a corporate tax rate increase in his bipartisan infrastructure deal — for now

A group of Republican and Democratic senators struck a bipartisan infrastructure deal on Thursday. President Joe Biden threw his support behind the framework, which omits several of his proposals. One measure that didn't make it in: An increase in taxes on companies to offset spending. See more stories on Insider's business page. An increase to the corporate tax rate didn't make it into the latest iteration of the infrastructure package — signaling a major compromise on the part of President Joe Biden.On Thursday, Biden threw his support behind the bipartisan framework for a $1 trillion deal, which represented a major step forward ...