On Tuesday, the Supreme Court heard challenges to President Joe Biden’s student debt relief plan. The proposal, which would cancel between $10,000 and $20,000 in current debt for most borrowers,...
Tag: Bidens
Bitcoin Spikes Above $23.5K Following President Biden’s Speech
Bitcoin surged by 6% minutes after US President Joe Biden assured that the American banking system is “safe.” Many alternative coins, including Ether (ETH), Binance Coin (BNB), and Cardano (ADA), also...
Beware The “Surprise Fees” In Biden’s 200% Aluminum Tariffs
TOPSHOT – US Presidential candidate and former US Vice President Joe Biden gestures as he addresses … [+] supporters and curious voters at the IBEW Local 490 in Concord, New Hampshire on F...
Joe Biden’s government proposes 30% crypto mining tax
President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden’s Fiscal Year 2024 budget included a proposal to implement wash s...
Biden’s new budget cuts $31 billion in tax breaks for oil companies
President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies. The budget proposal — which Republicans have said is going nowhere on Capitol...
Biden’s budget wants tax hikes, but expiring Trump tax cuts are the big showdown
For five years, most Americans have seen lower income-tax rates and tapped a bigger standard deduction, but without congressional action before the end of 2025, the rules could still revert to levels ...
President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion
The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading. According to reports, US President Joe Biden’s new budget plan could close...
Biden’s Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors
President Joe Biden’s upcoming budget proposal includes a few surprises for crypto traders and investors, as it seeks to raise around $24 billion through changes to crypto tax treatment. The pro...
President Biden’s 2024 Tax Plan to Target Crypto Wash Trading and Capital Gains
U.S. President Joe Biden released his official 2024 budget plan this Thursday – and cryptocurrency transactions are in its crosshairs. His many proposals include subjecting crypto to the same wash sa...
Biden’s proposed NASA budget for 2024 increases funds to $27.2 billion
Vice President Kamala Harris meets with NASA astronauts Shannon Walker and Joe Acaba at Kennedy Space Center in Florida during a tour on Aug. 29, 2022. Bill Ingalls / NASA President Joe Biden is seeki...
Levy On Crypto Transactions To Raise $24M In Biden’s Budget
Biden’s budget plans to lower drug prices, raise some business taxes, reduce fraud and cut wasteful spending. It will also propose changing the tax treatment of cryptocurrency transactions. Even thoug...
How Biden’s 2024 Budget Outlines Trillions Of Dollars In Proposed New Taxes
Topline President Joe Biden proposed tax hikes in his budget Thursday that could reduce the deficit by $3 trillion over the next decade, according to the White House, with tax increases for billionair...
Biden’s 2024 Budget Will Focus On ‘Billionaires Tax’ And Lowering The Deficit By $3 Trillion: Here’s What To Know
Topline President Joe Biden will propose new taxes on the wealthy in order to lower the federal deficit by $3 trillion when he unveils his 2024 budget plan Thursday — but the proposal is expected to f...
SoFi Bank sues to block Biden’s student loan payment pause
WASHINGTON (AP) — A private bank is trying to force the Biden administration to end its pause on federal student loan payments, arguing the moratorium has no legal basis and has cost the bank, known f...
Biden’s Visit To Firefighters Spotlights Union’s Calls To Replace Toxic Protective Gear
As President Biden speaks at a firefighters’ union event, the group is amping up calls to get toxic chemicals out of their gear. getty As President Biden headlines a firefighters’ union event on...
‘I’m holding my breath’: What will happen if the Supreme Court blocks Biden’s student-loan forgiveness plan?
As the Supreme Court debates President Joe Biden’s student-loan forgiveness plan, Americans’ consumer debt continues to rise — and more of it is past due. For Shanna Hayes, 34, who was recently laid o...
Supreme Court’s Conservative Majority Wary Of Biden’s Student Loan Forgiveness Plan
Topline The Supreme Court’s conservative justices questioned the legality of President Joe Biden’s student loan forgiveness program Tuesday, as the court heard arguments in two cases from plaintiffs s...
Here Are Major Companies Taking Advantage Of Biden’s Green Tax Initiatives—And Creating More Than 65,000 Jobs
Topline Last week, Volkswagen-owned Audi said it is considering building a factory in the U.S., following in the footsteps of other car, battery, solar panel and computer chip manufacturers taking adv...
Marty Walsh Steps Down As Biden’s Labor Secretary To Join NHL Players Association
Topline The National Hockey League Players’ Association named Labor Secretary Marty Walsh as its new executive director Thursday afternoon, ending the former Boston mayor’s two-year stint in the Biden...
Biden’s IRS Nominee: Agency Will Increase Audits of Wealthy Taxpayers
President Joe Biden’s nominee to lead the Internal Revenue Service pledged to increase scrutiny of certain wealthy taxpayers at his confirmation hearing Wednesday before the U.S. Senate Committee on F...
Biden’s News Retirement Saver’s Match Could Help You Save More For Retirement
savers match secure 2.0 act The SECURE 2.0 Act was recently signed into law by President Biden. Coming just a few years after the first SECURE Act, this legislation makes a bevy of changes designed to...
Senate Confirms President Joe Biden’s 100th Judicial Nomination—Outpacing Trump
Topline The Senate confirmed Gina Méndez-Miró as a district judge in Puerto Rico on Tuesday, President Joe Biden’s 100th confirmed judicial nominee, in a vote that marks a milestone for the president ...
Is Joe Biden’s Pick for Top Economic Adviser Good or Bad for Crypto?
The President of the United States – Joe Biden – will reportedly appoint Lael Brainard (Vice Chair of the Federal Reserve) as his top economic adviser. The latter is a critic of cryptocurrencies, arg...
Fox Says Biden’s Traditional Super Bowl Interview Is Back On Despite Confusion—But Not With Fox News
Topline The Fox Corporation said Friday its pre-Super Bowl interview with President Joe Biden is moving forward, but the interview will be conducted by a streaming service rather than the conservative...
Democrats’ Price Controls Undermine Biden’s Cancer Moonshot
WASHINGTON, DC – MARCH 01: U.S. President Joe Biden delivers the State of the Union address during a … [+] joint session of Congress in the U.S. Capitol’s House Chamber March 01, 202...
Biden’s going after the billionaires in his State of the Union speech tonight, and he’s not thrilled with oil companies either
President Joe Biden says he won’t stand in the way of anyone trying to become a billionaire, but that doesn’t mean he won’t step in to tax the rich or corporate America. Biden will take the stage Tues...
Biden’s one-size-fits-all plan to protect renters comes ‘at the expense’ of mom-and-pop landlords — what to do if you still want to slice up a piece of the real estate pie
Biden’s one-size-fits-all plan to protect renters comes ‘at the expense’ of mom-and-pop landlords — what to do if you still want to slice up a piece of the real estate pie A new White Hous...
Why Biden’s 4% buyback tax could boost stock prices and dividends
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. It might even actually help it. I’m referring to the new 1% excise tax on share repurchases that w...