You Searched For "coronavirus tax" and got 20 results
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2 mins read
JD Vance tries out a $5,000 expanded child tax credit proposal to secure support from the pro-family crowd
Vance is aiming to position his party as pro-family. But Senate Republicans have so far voted down …
Katie Balevic,John L. Dorman
7 mins read
Big Pharma rakes in $215 billion a year in America yet pays almost no taxes
Americans are getting screwed over by Big Pharma twice: first by high drug prices and again by the …
Brad Setser,Tess Turner
3 mins read
More than half of American households didn't pay any federal income tax last year
"The number of households who paid no income tax last year truly was eye-popping," wrote Howard Gle…
Madison Hoff
2 mins read
Democrats want a wealth tax and Republicans want another tax cut
The federal estate tax only affects estates valued at over $11.7 million, but two Republicans just …
Ayelet Sheffey
5 mins read
The government is sending up to $300 monthly checks to families with kids starting today. Democrats want to make it permanent as a new form of Social Security.
The Biden stimulus benefit is the US's inaugural version of guaranteed income geared to children. M…
Joseph Zeballos-Roig
3 mins read
Sen. Joe Manchin suggests requiring people to work so they can get Biden's monthly child tax credit
"Don't you think, if we're going to help the children, that the people should make some effort?" Ma…
Connor Perrett,Joseph Zeballo…
3 mins read
Critics say a wealth tax wouldn't work. Argentina just brought in $2.4 billion with one.
The tax targeted the top 0.8% of Argentinian taxpayers, and revenue will go to pandemic relief. Yet…
Juliana Kaplan
2 mins read
Levies on on petrol, diesel jump even as crude remains below $80/bbl
The government's revenue generation through levy of excise duty saw a growth of 126 per cent bet…
2 mins read
Argentina to tax the super-rich to pay for equipment and supplies needed to fight COVID-19
Argentina is taxing its wealthiest 0.8% of taxpayers in an effort to cover the costs of coronavirus…
Joshua Zitser
3 mins read
The poorest 20% of Americans will likely see a 20% income boost thanks to Biden's stimulus plan, per new analysis
The richest 1% will receive a 0% income boost from the bill, according to the Tax Policy Center's a…
Erin Snodgrass
3 mins read
Biden unveils $1.8 trillion spending plan to extend cash payments for parents, set up universal pre-K and free community college
The plan would extend cash payments for parents and set up universal pre-K and free community colle…
Joseph Zeballos-Roig
2 mins read
A group of UK experts is pushing for a one-time wealth tax, and one-off taxes on the ultrawealthy have already become law elsewhere
The UK group proposed a 1% tax for five years on individual wealth over £500,000. Similar taxes hav…
Juliana Kaplan
2 mins read
Senate Republicans won't expand food stamps program in pandemic relief proposal. It does suggest doubling the 'three-martini lunch' tax deduction
The act doesn't expand upon the SNAP program but suggested doubling the "three-martini-lunch deduct…
Lauren Frias
3 mins read
The super rich in India may face wealth tax and one-time COVID-19 relief cess of 4%
The Indian Revenue Service Association (IRSA) has suggested the imposition of wealth tax on the sup…
4 mins read
What to do if your coronavirus stimulus check is too big or too small
The stimulus payment is an advance tax credit meant to offset your 2020 taxes. It's refundable, so …
Tanza Loudenback
2 mins read
The IRS is mailing letters to 9 million Americans who might still be able to claim a stimulus check
Notices for unclaimed stimulus checks are going to Americans who haven't filed a tax return for 201…
Tanza Loudenback
3 mins read
No tax on India's super rich — government issues an inquiry against 50 IRS officers who released the 'FORCE' report
A policy paper suggesting that a wealth tax and a 4% Coronavirus cess should be levied on the super…
3 mins read
Ron DeSantis signs $1.2 billion in tax breaks for Floridians to fight 'Bidenflation headwinds,' though Biden's stimulus will help pay for it
Florida is using $200 million in funding from the American Rescue Plan to fund its 25-cent, monthlo…
Kimberly Leonard
1 min read
Due date for filing income tax returns extended to March 15, 2022 for individuals whose accounts are to be audited
The government has extended the deadline to file income tax returns for assessment year 2021-22 to …
3 mins read
If the wealthiest New Yorkers flee the city, they could take more than $133 billion with them
In 2018, the top 1% of New Yorkers paid 42.5% of its income tax. That means just 0.46% of the city'…