Money > Bills

The government stimulus checks soon coming to millions of Americans will be tax-free

2 monthes ago   |   By Business Insider

The House is expected to pass a $2 trillion coronavirus relief package on Friday.
If the president signs the bill into law, millions of Americans will receive stimulus checks - one-time direct payments of up to $1,200 - in the coming weeks.
Americans who receive these "recovery rebates" under the emergency legislation will not have to pay taxes on the cash.
Read more ...

 

Don't call the $2 trillion coronavirus bill a stimulus, call it a rescue - and we're going to need a lot more of it

Don't call the $2 trillion coronavirus bill a stimulus, call it a rescue - and we're going to need a lot more of it

2 monthes ago   |   By Business Insider

The $2 trillion coronavirus bill Congress is set to pass this week is not a stimulus, it is a rescue package. It is not meant to bolster the American economy, it's meant to save it.
With this bill - and the bills that are certainly coming - America is going to need to build out the public health infrastructure that will keep this economy going.
That means increasing hospital capacity and testing. It means being able to send money to counties that have become hot zones. It means preparing for uncertainty.
This is about surviving in a new reality, people.
This is an opinion column. The...
Read more ...

 


Search by Tags

   Bills      Law      Tax      People      Money      Saving      Opinion      Humans      Americas      Business      Economy      Health  


Weekend Hot Topic, part 2: Classic video games you've never played

Weekend Hot Topic, part 2: Classic video games you've never played

Final Fantasy 7 Remake - would it be your first? GameCentral readers name the most famous games they've never played, from Skyrim to Resident Evil . The question for this... Read more ...

Argonaut sails to 37% profit in past three years

Argonaut sails to 37% profit in past three years

Norris learnt his trade at asset managers Baillie Gifford and Neptune. He owns Argonaut outright and runs three investment funds from London offices with assets between them of... Read more ...

Blast-off! Our £5m boost for small firms begins

Blast-off! Our £5m boost for small firms begins

We urge every reader to help the local businesses featured in our pages get back on their feet as new research shows small firms play a vital role in health and well-being in... Read more ...

Matalan tycoon with big tax bill seeks state loan

Matalan tycoon with big tax bill seeks state loan

John Hargreaves has revealed to his company's lenders that Matalan expects to access £25million under the Business Interruption Loan Scheme, guaranteed by the Treasury. Read more ...

Zuckerberg fund bets $100m on coronavirus cures

Zuckerberg fund bets $100m on coronavirus cures

Iconiq Capital has become a major shareholder in Vir Biotechnology, which listed on Nasdaq in October when it raised $143million. Read more ...

Ryanair to cut fares by HALF in war on rivals

Ryanair to cut fares by HALF in war on rivals

Boss O'Leary declared he is launching a 'pile them high, sell them cheap' sales blitz to lure passengers as he gobbles up flight routes vacated by other airlines. Read more ...

Big profits up for grabs on AIM - if you brave Wild West swings

Big profits up for grabs on AIM - if you brave Wild West swings

The market for early stage firms began with just ten businesses that had a combined market capitalisation of £82million. Today, there are more than 800 firms listed. Read more ...

Capital & Counties buys shares in rival Shaftesbury

Capital & Counties buys shares in rival Shaftesbury

Capital & Counties has struck a deal to pay Samuel Tak Lee, a Hong Kong-based tycoon who owns a large chunk of the West End, 540p a share for the 26.3 per cent stake. Read more ...

MIDAS SHARE TIPS: Set your sights on Capital Drilling

MIDAS SHARE TIPS: Set your sights on Capital Drilling

Capital Drilling is a well-run company with a strong culture, centred on professionalism and integrity. At 61p, the shares are a buy. Read more ...

Powerful private equity baron joins Rimmel owner

Powerful private equity baron joins Rimmel owner

Johannes Huth, head of Wall Street buyout giant KKR in Europe, has joined the board of Coty, whose brands also include Wella and Clairol. Read more ...