Biden S Budget Pushes to Renew Bigger Child Tax Credit Payments for Families
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Tax Day is here, but the expanded Child Tax Credit hasn't materialized
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.CBS News - Top stories -
'On life support': Senate Republicans are prepared to sink the child tax credit bill
Senate Republicans will likely bury a bipartisan bill to expand the child tax credit and provide tax breaks for businesses.NBC News - Politics - Republican Party -
Bill to boost child tax credit and corporate breaks looks almost dead on Tax Day
Analysts are not sounding optimistic on the tax package’s prospects in this election year.MarketWatch - Business -
90% of qualifying electric-vehicle buyers opt for $7,500 'new clean vehicle' tax credit as upfront payment, Treasury says
Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.CNBC - Business -
Could your tax refund be bigger? Don't forget about these credits, the IRS says
With the tax filing deadline looming, the IRS is reminding taxpayers to pay close attention to credits that could potentially lower tax bills and boost refunds.The Hill - Politics -
Tax Guide 2024: Electric-Vehicle Tax Credits
A guide on the changing rules for federal tax credits for buying electric vehicles and home chargers.The Wall Street Journal - World -
Corporate Canada Braces for Higher Taxes in Tuesday's Budget Plan
The business groups and economists worry that higher taxes could pose another hurdle to the country’s lackluster business investment.The Wall Street Journal - World -
Justin Trudeau's government raises taxes on wealthiest Canadians in federal budget
Canadian Prime Minister Justin Trudeau is imposing higher taxes on the wealthiest Canadians as part of the federal governmentABC News - World -
Justin Trudeau's government raises taxes on wealthiest Canadians in federal budget
Yahoo News - World -
Italy commits to cut deficit despite soaring cost of tax credits
‘Superbonus’ scheme balloons to €219bn compared with €140bn estimated last yearFinancial Times - World -
Got a bigger tax refund this year? It might seem like a ‘happy surprise’ — but don’t get too excited.
This year, there’s an additional reason to stay sober about refunds — and it stems from how the tax code deals with the rising cost of living.MarketWatch - Business -
Why isn’t Joe Biden getting credit for America’s sturdy jobs market?
Hint: it's not hot for everyone, everywhereFinancial Times - World - Joe Biden -
Amazon MGM Studios series 'Fallout' to relocate to California from New York for tax credit
Amazon MGM series 'Fallout,' after getting a tax credit, is moving to California to shoot its second season in a coup for the state's film industry.Los Angeles Times - Entertainment - California -
Zendaya On Becoming “Breadwinner” For Family As A Child Actor & ‘Spider-Man’ Producers Admit Not Knowing Star When She Auditioned For MJ
Zendaya is opening up about her career in a new interview and revealing how she lost a lot of her childhood as she became a “breadwinner” for her family. The Challengers star began acting at a young age in the Disney Channel show Shake It Up. In ...Yahoo Sports - Sports -
Biden Heads to Pennsylvania to Talk Taxes and Hit Trump
In Scranton, his hometown, the president is expected to discuss the tax code in terms of economic fairness, arguing that Donald Trump’s tax cuts benefited billionaires.The New York Times - Top stories - Joe Biden -
Biden to meet with Iraqi PM amid tension over troops, renewed ISIS threats
President Biden will meet with Iraqi Prime Minister Mohammed Shia al-Sudani at the White House on Monday with the future of American troops in Iraq is in flux, and as the Islamic terror group ISIS has re-emerged amid mounting tensions in the ...The Hill - Politics - Joe Biden -
What Biden's new student loan forgiveness plan means for your taxes
President Joe Biden on Monday unveiled a new student loan forgiveness plan. Here's how the proposed relief could affect your taxes.CNBC - Business - Joe Biden -
Biden Takes Aim at SpaceX’s Tax-Free Ride in American Airspace
President Biden wants companies that use American airspace for rocket launches to start paying taxes into a federal fund that finances the work of air traffic controllers.The New York Times - Science - Joe Biden -
Biden to kick off Pennsylvania swing after tax day
President Biden will kick off a tour across Pennsylvania with a major address in his hometown of Scranton on Tuesday, the day after tax day. The tour of Pennsylvania, which is a critical swing state that Biden won in 2020, will also include stops ...The Hill - Politics - Joe Biden -
Bidens Paid Nearly $150,000 in Federal Income Taxes in 2023
The president, first lady and vice president all released their latest returns on Tax Day; Trump hasn’t released his returns in the past.The Wall Street Journal - World - Joe Biden -
Biden to hit Trump over tax policies in hometown of Scranton, Pa
President Biden will travel to Scranton, Pa., on Tuesday to hit former President Trump over his tax policies as he kicks off his Pennsylvania campaign swing. Biden will start the three-day swing in his hometown of Scranton to outline what he ...The Hill - Politics - Joe Biden -
Biden and his wife report $620,000 income on 2023 tax returns
President Joe Biden and his wife, Jill, on Monday released tax returns showing that their income rose 7% to $619,976 in 2023 and that the couple paid 23.7% of their income in federal taxes.NBC News - Politics - Joe Biden -
Biden promoting tax plan in hometown; Trump still trailing in fundraising
President Biden is back on the campaign trail Tuesday, pitching his tax plan to voters during a visit to his hometown of Scranton, Pennsylvania. CBS News campaign reporter Aaron Navarro has more on that and the latest fundraising totals for the ...CBS News - Top stories - Joe Biden -
Biden calls for higher income tax on billionaires: "They can afford it"
President Biden was pitching his tax plan in his hometown of Scranton, Pennsylvania, on Tuesday. The president argued everyone needs to pay their fair share. CBS News chief White House correspondent Nancy Cordes has the details.CBS News - Top stories - Joe Biden -
Biden Bashes Trump in Pennsylvania as He Lays Out His Tax Plan
Speaking in Scranton, Pa., his hometown, the president used a speech about economic fairness as a new avenue of attack against his Republican rival, who was in a courtroom two hours away.The New York Times - Top stories - Joe Biden -
Biden to triple taxes on Chinese steel and block Japanese takeover of US Steel
President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucial. Joe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to block the acquisition of US Steel by a Japanese ...The Guardian - World - Joe Biden -
Biden Urges Caution as Israel Weighs Response to Iran
Focus has turned to preventing escalation after a wave of more than 300 missiles and drones was largely intercepted with little damage.The Wall Street Journal - World - Joe Biden -
Biden pushes for tariff hike on Chinese steel
President Biden called for higher tariffs on Chinese metal products while meeting with steelworkers in Pittsburgh on Wednesday. Gene Sperling, senior adviser to the president, explains why the White House is pushing for the hike.CBS News - Top stories - Joe Biden -
Biden increases criticism of Netanyahu as Harris visits with families of American hostages
President Biden has increased his criticism of Israeli Prime Minister Benjamin Netanyahu and his handling of the war with Hamas. The president called for total access to food and medicine in Gaza. Meanwhile, Vice President Kamala Harris met with ...CBS News - World - Joe Biden -
Julian Assange’s Family React to Biden Suggesting U.S. Might Drop Case
The WikiLeaks founder Julian Assange spent five years in a London prison while contesting extradition efforts. Before that, he holed up in the Ecuadorean Embassy.The New York Times - World - Joe Biden -
Budget Chairman Rejects Calls to Prioritize Budget
Only in Washington, kids.The Wall Street Journal - World -
German parliament approves payment cards for asylum-seekers to limit cash payments
The German parliament has approved legislation introducing payment cards for asylum-seekersABC News - World - Germany -
German parliament approves payment cards for asylum-seekers to limit cash payments
Yahoo News - World - Germany -
The U.S. continues to accelerate its push for clean energy but the market for rooftop solar power is shrinking, pummeled by high interest rates, tight credit and cuts to solar incentives.
The U.S. continues to accelerate its push for clean energy but the market for rooftop solar power is shrinking, pummeled by high interest rates, tight credit and cuts to solar incentives.The Wall Street Journal - World -
President Biden and first lady Jill Biden earned $619,976 in adjusted gross income in 2023, according to their annual tax returns released by the White House.
President Biden and first lady Jill Biden earned $619,976 in adjusted gross income in 2023, according to their annual tax returns released by the White House.The Wall Street Journal - World - Joe Biden -
'I Don't Think of Myself as Rich': The Americans Crossing Biden's $400,000 Tax Line
The president’s attempt to shield the middle class from tax increases adds tax-code complexity as more households’ income rises above $400,000.The Wall Street Journal - World -
What everyday taxpayers can learn from the Biden, Harris 2023 tax returns
President Joe Biden and Vice President Kamala Harris on Monday released their 2023 tax returns. Here are lessons for everyday taxpayers, according to experts.CNBC - Business -
Biden mocks Trump: If Truth Social drops lower, he might benefit from my tax plan
President Biden mocked former President Trump as shares of his media company fell sharply Tuesday on the stock market. Biden, during remarks in his hometown of Scranton, Pa., was touting his tax plan and highlighting his vow that nobody earning ...The Hill - Politics - Joe Biden -
Biden, Japan's Kishida Push for Closer Ties to Counter China
The leaders aim to improve military coordination amid worries about North Korea’s nuclear program and China’s influence efforts in Pacific.The Wall Street Journal - World - China -
News outlets push Biden, Trump to publicly agree to debates
A coalition of media outlets published a statement Sunday urging President Biden and former President Trump to publicly commit to debates ahead of the November election. "General election debates have a rich tradition in our American democracy, ...The Hill - Politics - Donald Trump