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Congressional Research Service: 'Taxing Unemployment Insurance Benefits – Federal- & State-Level Tax Treatment During COVID-19 Pandemic' – InsuranceNewsNet

WASHINGTON, May 18-- The Congressional Research Service issued the following report on May 16, 2022, entitled "Taxing Unemployment Insurance Benefits: Federal- and State-Level Tax Treatment During the COVID-19 Pandemic" by income security specialists Julie M. Whittaker and Katelin P. Isaacs. A special provision allowed up to $10,200 of UI benefits paid in 2020...
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How the 1 percent's savings buried the middle class in debt

In the early days of the coronavirus pandemic, Hollywood mogul David Geffen enraged many social media users when he posted a photo of his yacht, Rising Sun, on calm waters. “Isolated in the Grenadines avoiding the virus,” Geffen wrote on Instagram. “I’m hoping everybody is staying safe.”    The photo of billionaire life aboard a 454 ft., $590 million yacht inspired plenty of outrage, and even a parody song by singer John Mayer titled “Drone Shot of My Yacht.” As an example of co...
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Mixed reactions to new calendar for French-speaking schools

Education 07:38 A change to the structure of the school year in French-speaking schools has been a topic of discussion in Belgium for over 30 years. Now, however, a reform of the annual schedule will begin in earnest after the main points were agreed upon by politicians at the end of last week. Caroline Désir, the Francophone education minister, and the government of the Wallonia-Brussels Federation, has signed off on the changes which can now be applied as early as the 2022-2023 school year. ...
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The Finance 202: Business comes around on unemployment insurance as pandemic endures

The Finance 202: Business comes around on unemployment insurance as pandemic endures Tory Newmyer with Brent D. Griffiths Theres a surprising new consensus as lawmakers scramble to reach a deal on an emergency economic relief plan: A proposal to offer $300 per week in enhanced federal unemployment benefits is drawing broad bipartisan support. And its backed by business groups and left-leaning economists alike.  “You don’t want people to think they have to rush back to ...
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Source: msn.com

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As Vaccines Roll Out, Investors See the Positives: Live Business Updates

Congressional Leaders Meet to Discuss Stimulus Last Updated This briefing has ended. Follow our latest coverage of Here’s what you need to know: Senator Chuck Schumer on his way to meet with Senate Majority Leader Mitch McConnell Speaker Nancy Pelosi, and Representative Kevin McCarthy. They have agreed that any additional pandemic aid should be wrapped into the year-end spending measureCredit...Anna Moneymaker for The New York Times Congressional leaders scrambled on Tuesday to reach agreeme...
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