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Both Biden and Republicans are saying their $1 trillion infrastructure plan is paid for - an expert says it's more like 'pixie dust'

Both Biden and Republicans are saying their $1 trillion infrastructure plan is paid for - an expert says it's more like 'pixie dust'
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Washington , United-states , White-house , District-of-columbia , Mark-warner , Kevin-dietsch-getty , Howard-gleckman , Rob-portman , Mitt-romney , Bill-cassidy , Joe-biden , Revenue-service

Child Tax Credit Payment Methods — Here's How You'll Get Yours

Child Tax Credit Payment Methods — Here's How You'll Get Yours
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Opt-Out Of The Monthly Child Tax Credit Payments? Some Parents Are.

Opt-Out Of The Monthly Child Tax Credit Payments? Some Parents Are.
Soon, the IRS will launch an online tool that allows families to opt-out of the monthly child tax credit payments.
The IRS is expected to start issuing the enhanced child tax credit payments on July 15 and continue on a monthly basis through the end of 2021. While some families may want to receive the money in monthly payments now, others may decide to postpone receiving the additional direct relief until they file their 2021 taxes.
Later in the month, the IRS will launch an online tool that allows families to opt-out of the monthly child tax credit payments.

Elaine-maag , Joe-biden , Brookings-tax-policy-center , Urban-brookings-tax-policy-center , எலைன்-மாக் , ஓஹோ-பிடென் , ப்ரூக்கிங்ஸ்-வரி-பாலிஸீ-மையம் , நகர்ப்புற-ப்ரூக்கிங்ஸ்-வரி-பாலிஸீ-மையம் ,

How our tax codes let the rich get richer: 'We need better tax laws'

How our tax codes let the rich get richer: 'We need better tax laws'
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How our tax codes let the rich get richer: 'We need better tax laws'

How our tax codes let the rich get richer: 'We need better tax laws'
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Opinion: On Claiming The Child Tax Credit

NPR's Scott Simon ponders the child tax credit, why it was created and why someone as wealthy as Amazon founder Jeff Bezos would get it.

United-states , American , George-soros , Warren-buffett , Bill-gates , Jeff-bezos , Mark-zuckerberg , Mackenzie-scott , Elon-musk , Elaine-maag , Michael-bloomberg , Rupert-murdoch

Opinion: On Claiming The Child Tax Credit

The phrase, "Poor Jeff Bezos..." is probably not much uttered. I won't try to say it now without irony. But when ProPublica reported this

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How Taxes Continue To Widen Inequality

ProPublica’s publication of a trove of tax records earlier this week revealed how wealthy figures like Jeff Bezos and Elon Musk pay next to nothing in

Elon-musk , Robert-mcclelland , Robin-young , Jeff-bezos , Brookings-tax-policy-center , Urban-brookings-tax-policy-center , ராபர்ட்-ம்க்க்லெல்யாஂட் , ராபின்-இளம் , ப்ரூக்கிங்ஸ்-வரி-பாலிஸீ-மையம் , நகர்ப்புற-ப்ரூக்கிங்ஸ்-வரி-பாலிஸீ-மையம் ,

ProPublica Report Reveals How Jeff Bezos, Elon Musk, and Other Billionaires Legally Avoid Taxes

Image via Drew Angerer / Getty Images
A June 8, 2021, investigative report by the nonprofit news outlet ProPublica revealed what many probably already knew but couldn’t quantify in detail: The nation’s wealthiest people pay negligible taxes, leaving modest wage earners footing the heftiest tax bills.
The report was based on 15 years of records obtained by ProPublica detailing taxes paid by the likes of Elon Musk, Jeff Bezos, Mark Zuckerberg, Warren Buffet, Carl Icahn, and more.
For example, Tesla founder Musk, who is the second richest person in the world, paid no federal income taxes in 2018, according to ProPublica. The same went for Amazon founder Bezos in 2007. Bezos is the world’s richest person.

United-states , Americans , American , Elon-musk , Steven-rosenthal , Jeff-bezos , Carl-icahn , Mark-zuckerberg , Joe-biden , Brookings-tax-policy-center , Warren-buffet

Nearly Half of Wealthy Households Support Higher Taxes, According to Millionaire Survey

Nearly Half of Wealthy Households Support Higher Taxes, According to Millionaire Survey
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