President Biden is pushing for a corporate tax rate of 28% (from 21%) and higher ordinary income and capital gains taxes on the wealthy (making more than $1 million per year). Here are some things to know: Higher taxes shouldn’t be a surprise to anyone, as President...
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U.S. Economy Jumps Out of the Gate in 2021
In what was initially expected to be one of the slower quarters of the year, the U.S. economy jumped out of the gates in 2021, with gross domestic product (GDP) growing 6.4% quarter over quarter. A faster than expected vaccination program, nearly $3 trillion in fiscal...