Money > Tax

America's wealthiest added $195 billion to their fortunes in Biden's first 100 days

1 month ago   |   By Business Insider

Summary List Placement President Joe Biden's policies have been targeted at Americans who need an economic uplift, with everything from fresh stimulus checks, newly extended additional unemployment benefits, and tax credits that put more money into America's poor and parents.
But there's another prosperous beneficiary of Biden's presidency so far: America's 100 wealthiest people. According to a Bloomberg report , they've added $195 billion to their fortunes since Biden took office. From his election to his inauguration, they raked in $267 billion.
Over the last 13 months, as the pandemic...
Read more ...

 


Search by Tags

   Tax      Americas      Markets      People      Economics      Election      Money  


What is the National Infrastructure Bank?

What is the National Infrastructure Bank?

The National Infrastructure Bank will partner with the private sector and local authorities and will have a knock-on effect on investment funds in the sector. Read more ...

'Super-wealthy' Prince Harry blasted for 'moaning' about money: 'He is worth...

'Super-wealthy' Prince Harry blasted for 'moaning' about money: 'He is worth £10million!'

PRINCE HARRY has been blasted for whining about money during his infamous interview with Oprah Winfrey following the publication of royal accounts, with one commentator... Read more ...

Is the money guaranteed? Stakeholders want assurances about much-needed...

Highland Councillors have approved a multi-million-pound school investment plan - but parents want a guarantee that priority schools on the list will definitely get the... Read more ...

£100,000 milestone celebrated by Crosshouse Children's Fund

£100,000 milestone celebrated by Crosshouse Children's Fund

The money helped fund specialist cots for the Ayrshire Maternity Unit, a brand new sensory garden and more Read more ...

Car production recovery is being strangled by global supply shortages

Car production recovery is being strangled by global supply shortages

Some 54,962 cars rolled off production lines compared to just 5,314 in May 2020. Outputs, however, were still far below pre-pandemic levels, due to lack of supply of... Read more ...

If you don't know how much child tax credit money you get, start here - CNET

Your first child tax credit payment arrives in three weeks. See today how much your family is eligible to receive on July 15 and through the end of the year. Read more ...

The former FTSE boss trying to give private equity an image makeover 

The former FTSE boss trying to give private equity an image makeover 

Private equity has an image problem - but one man trying to change all that is Paul Pindar, the former 3i high flyer who then became boss of FTSE 250 outsourcer Capita for 27... Read more ...

Tech star Wise confirms plans for blockbuster London float

Tech star Wise confirms plans for blockbuster London float

London-based Wise was set up in 2010 by two Estonian entrepreneurs, Kristo Kaarmann and Taavet Hinrikus. The company said it was planning a direct listing on July 7. Read more ...

St Modwen falls prey to private equity firm Blackstone in £1.3bn deal

St Modwen falls prey to private equity firm Blackstone in £1.3bn deal

Blackstone is led by Stephen Schwarzman. St Modwen caught its eye because of its many warehouses and huge tracts of land where it can build more. Read more ...

NS&I chief gets a £30K bonus despite customer service meltdown

NS&I chief gets a £30K bonus despite customer service meltdown

National Savings and Investments chief executive Ian Ackerley had to apologise when his bank buckled under pressure in the pandemic and savers were made to wait weeks to get... Read more ...