Stocks turned lower Thursday following a report saying President Biden will propose a hefty tax increase on the gains wealthy individuals reap from investments. Investors who earn $1 million or more would have to pay a 39.6% tax rate on any capital gains, nearly double the current rate for Americans...
Administration Announces 90-Day Delay for Many Tax Payments
WASHINGTON — The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the coronavirus...
What Happens if You Win Mega Millions’ $900M Jackpot?
DES MOINES, Iowa — Despite the terrible odds — one in 302.5 million for those keeping score at home — someone will eventually match all six numbers and win the Mega Millions jackpot, which now stands at $900 million. It could happen as soon as Friday night, when the next...