Biden returning to Obama-era high taxes: Fmr. Pence chief of staff

Marc Short discusses Biden’s claim that ‘America is back’ and the president’s move to tap into U.S. oil reserves #FoxNews

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Musk Sells $1.1 Billion Tesla Stock to Meet Taxes

Tesla Inc. CEO Elon Musk sold more than $1 billion worth of shares shortly after holding a poll on Twitter asking followers whether he should do so. But the filing says the sales purpose was only to meet tax obligations. Bloomberg’s Ed Ludlow reports on “Bloomberg Daybreak: Asia.”
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Michael Yang violates tourist visa, fails to pay taxes — Gordon

Senate Blue Ribbon Chairperson Sen. Richard Gordon reveals in today’s committee hearing that former Presidential Economic Adviser Michael Yang did not pay his taxes and violated his tourist visa by engaging in business since 1999.

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Moreno explains slashing oil, electricity taxes by 50%

#BilangPilipino2022 | Presidential aspirant Isko Moreno defends his proposal to slash fuel and electricity taxes by 50% to lower costs. While he acknowledges this would reduce the government’s budget, the Manila mayor says local government units can maximise the internal revenue allotment to focus on investments instead. (via News5/Greg Gregorio)

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Budget 2021: Sunak unleashes spending spree partly funded by higher taxes

Rishi’s big budget giveaway – cheaper sparkling wine, business tax cuts and a public spending bonanza. Or is it? (Subscribe: https://bit.ly/C4_News_Subscribe)

The chancellor hailed what he called the "age of optimism", seizing his chance to raid a public purse less battered by the pandemic than expected, promising a stronger economy, with more spending now and the prospect of tax cuts later.

Labour accused him of living in a "parallel universe".

So let’s take a look at the main points of today’s budget: real-terms spending increases for every government department, softening the blow of the universal credit cut by enabling claimants in work to keep more of what they earn, and simplifying the system of alcohol duty, with higher duties for higher-strength drinks.

But there was little reference to tackling climate change and a cut to air passenger duty for flights within the UK.
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Robert Reich: Saying Rich Won’t Invest If Their Taxes Are Raised ‘Really A Red Herring’

Democrats announced their corporate minimum tax plan on Tuesday, which would require companies that report more than $1 billion in profits to pay at least a 15 percent tax rate. Robert Reich, former labor secretary under President Clinton, joins us with his analysis.
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#MSNBC #TaxRate #TaxPlan

‘Rigged’: Warren Puts Billionaires Dodging Taxes On Blast As Party Backs Her Plan

As the wealth gap gets worse, the Senate Finance Committee is preparing a plan inspired by Senator Warren’s two-cent wealth tax. The new tax would target the richest Americans and could net up to $500 billion in its first year. MSNBC’s Ari Melber is joined by Senator Warren herself to discuss the wealth gap and this new tax plan.
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Revenue from new taxes will fall short of $3.5 trillion

Sen. Dan Sullivan, R-Alaska, on President Biden claiming his spending plan will cost ‘zero’ dollars.

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FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 18 consecutive years. According to a 2020 Brand Keys Consumer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. A 2017 Gallup/Knight Foundation survey also found that among Americans who could name an objective news source, FOX News was the top-cited outlet. Owned by FOX Corporation, FNC is available in nearly 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

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DOF warns against suspension of excise taxes on fuel

#BusinessWorldLive | The government of Cavite says it has received no bids for the Sangley Point International Airport (SPIA) project even if the deadline for the submission of entries was extended for 30 days, leaving its future in limbo.

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