capital gains tax

U.S. Domestic spending plan

Billionaire tax takes shape as Biden pushes for budget deal

Democrats are working frantically to shore up the revenue side of President Joe Biden’s domestic package, poised to unveil a new billionaires’ tax to help pay for his social services and climate change plan after earlier tax plans fizzled. Biden said Monday he’s hopeful the talks with Congress can wrap up overall agreement on the

Opinion

Opinion: Joe Biden is Jimmy Carter 2.0

Many expected Joe Biden’s Presidency to be the third term of Barack Obama. Certainly, Biden has peppered his administration with veterans of the Obama years. But on policy, the Biden administration looks increasingly like a replay of the four years of the Jimmy Carter presidency. A combination of “Groundhog Day” and a Seinfeld episode with

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