Do we have any control over what the post-pandemic world looks like?
Remember being in a crowd?
Image: Getty Images
2021-05-13 10:00:00 UTC
As more of the nation becomes vaccinated, restrictions are lifting, and we re beginning to imagine what our new normal might look like.Â
There are some things we want to change for good after the pandemic, and other parts of our lives we want to return to the way they were in 2019. But, with so many of our expectations dependent on the actions of others, how much control do we really have over our post-pandemic reality? Are our plans doomed before the U.S. even begins to open back up?
Wall Street Will Keep Gorging on SPAC Fees Long After Boom Fades
This content was published on May 12, 2021 - 04:00
May 12, 2021 - 04:00
(Bloomberg) Wall Street will continue reaping rewards from its embrace of blank-check companies for a long time, even if the record-breaking boom in listings comes to an end.
Investment banks have earned as much as $15 billion from underwriting and advisory work with special purpose acquisition companies since the start of last year, according to research firm Coalition Greenwich. At least $8 billion of that revenue hasn’t been booked yet and will show up in banks’ results over the next two years, the data show.
Taylor Tepper - Forbes Advisor
President Joe Biden campaigned on a promise not to raise taxes on middle-class Americans. But a little-known provision in his big social programs bill could do just that.
Tucked away in the American Families Plan, is a proposal to change the way capital gains taxes are paid on estates when people pass away. This seemingly small revision to a tax rule called stepped up basis could cause average Americans to pay more to Uncle Sam than they would under the current tax regime, in addition to upending estate planning for the nationâs affluent and uber-wealthy.
USA TODAY
WASHINGTON – Only 6% of Missouri’s three- and four-year olds are enrolled in publicly funded preschool, the lowest share in the nation.
The average cost of putting an infant in a child care center in California eats up an average 18% of household income.
And an expanded tax credit for children that President Joe Biden has included in a proposed package of education and safety-net programs for families would reduce by more than half the child poverty in Alaska, Arizona, and Oklahoma.
Those are some of the statistics in state-specific fact sheets, provided first to USA TODAY, that the administration will use to pitch its trillion-dollar plan focused on child care and education both nationally and to governors, mayors, county leaders and local groups. The Biden administration is looking to shore up support across the country for its families plan, which is expected to face a steep climb in Congress where Republicans decry it as excess government spending.