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Biden Plans Capital Gains Tax Hike To Help Finance $1.5 Trillion "Human Infrastructure" Package

Biden Plans Capital Gains Tax Hike To Help Finance $1.5 Trillion "Human Infrastructure" Package Update (1305ET): Hours after the NYT published its report about the details of Biden's "human infras.....»»

Category: dealsSource: nytApr 22nd, 2021

Aviation groups urge Congress to finance sustainable jet fuel

They're asking for the federal government to give tax credits to biofuel blenders and to create a $400 million a year grant program to help build facilities or scale up operations as part of the Biden Administration's $2.3 trillion infrastructure package......»»

Category: topSource: bizjournalsMay 20th, 2021

The Tell: Who sparked the tech-stock selloff? Blame the boomers

Who's been selling stocks during the tech rout? Baby boomers, perhaps trimming positions on worries about President Joe Biden's proposed capital-gains tax hike, are a likely culprit, says one trading tracker......»»

Category: topSource: marketwatchMay 4th, 2021

Column: Biden wants to hike the capital gains tax. The wealthy will fight him to the death

Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily.Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily......»»

Category: topSource: latimesMay 4th, 2021

The Wall Street Journal: Capital-gains-tax hike could be a tough sell for Biden even among fellow Democrats

Some Democrats are said to be sensitive to the argument that higher taxes on investment income could slow economic growth......»»

Category: topSource: marketwatchApr 29th, 2021

Biden Capital Gains Tax Hike Will Reduce R&D Investments: Economist

One of the most prominent U.S. economists is warning that not only will President Joe Biden’s proposed hike on capital gains taxes fail .....»»

Category: blogSource: benzingaApr 28th, 2021

Lawrence A. Cunningham"s Quality Investing: Biden’s tax reform should rely on the ‘Buffett Rule’ to make the rich pay their fair share

'Billionaire tax' would be simpler and smarter than a capital-gains tax hike and other complicated changes......»»

Category: topSource: marketwatchApr 27th, 2021

These 10 companies have reaped the biggest capital gains over the past year - and Biden"s tax plan could send them tumbling, Goldman says

"High-momentum 'winners' that had delivered the largest gains to investors ahead of the rate hike have usually lagged," Goldman said. BRYAN R. SMITH/AFP via Getty Images President.....»»

Category: worldSource: nytApr 27th, 2021

White House defends plan to hike capital gains tax, saying it"ll only hit the richest 0.3%, report says

President Joe Biden is set to propose an increase in capital gains tax for the richest Americans to 39.6% from 20%, according to reports. President .....»»

Category: worldSource: nytApr 26th, 2021

Biden shocked markets this week with a proposal to nearly double the capital gains tax. Here"s what the move could mean for high-flying tech stocks, according to 5 experts.

President Biden plans to pay for his "American Families Plan" by raising capital gains taxes to as high as 43.4% for wealthy Americans. President Joe Biden AP Photo/Eva.....»»

Category: personnelSource: nytApr 24th, 2021

AOC praised the "vision" of Biden"s $1.9 trillion infrastructure package, but wants the administration to be more ambitious

Rep. Alexandria Ocasio-Cortez said Biden "exceeded" progressive expectations during his first days in office, but she wants to see a bigger infrastructure deal Rep. Alexandria Ocasio-Cortez on Capitol Hil.....»»

Category: smallbizSource: nytApr 24th, 2021

Dow ends more than 200 points higher as stocks bounce back from tax-inspired dip

Stocks finished with gains, but off session highs and with weekly losses for major benchmarks, bouncing a day after reports that President Joe Biden plans to nearly double the capital-gains tax rate for Americans earning mo.....»»

Category: topSource: marketwatchApr 23rd, 2021

Dow jumps 227 points as strong economic data outweighs Biden tax-hike worry

US stocks closed higher as strong economic data outweighed investors' fears of the capital gains tax hike proposed by President Joe Biden. NYSE trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of t.....»»

Category: topSource: businessinsiderApr 23rd, 2021

Dow up 227 points, S&P just shy of record

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

Stocks rebound as housing data tempers tax hike fears

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

Stock investors dissect Biden’s capital gains tax hike proposal

Wall Street strategists are growing increasingly concerned that President Biden’s tax hikes could put an end to the stock market’s record-setting run......»»

Category: topSource: foxnewsApr 23rd, 2021

Stocks rally as economic data outweighs Biden"s capital gains tax hike proposal

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

Stocks little changed with capital gains tax hike in focus

Stock futures were little changed Friday morning as investors continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

Column: Biden wants to hike the capital gains tax. The wealthy will fight him to the death

Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily. Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily......»»

Category: topSource: latimesApr 22nd, 2021

Dow tumbles 322 points after Biden plans to nearly double capital-gains tax for wealthy Americans

US stocks sharply reversed Thursday following a report that Biden plans to nearly double the capital gains tax rate for wealthy Americans. Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City S.....»»

Category: topSource: businessinsiderApr 22nd, 2021

Biden plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans, report says

While President Joe Biden isn't proposing an outright wealth tax, Bloomberg reports he would target the wealthiest Americans' taxes. President Joe Biden. Andrew Harnik/AP President .....»»

Category: topSource: businessinsiderApr 22nd, 2021