May 8, 2024

Budget

Overnight Health Care: Public option plan left out of Biden budget proposal | House Republicans demand congressional probe into COVID-19 origin | Half the total US population have received at least one vaccine dose

Welcome to Friday’s Overnight Health Care. West Virginia Gov. Jim Justice (R) is trying a different approach to get his constituents vaccinated, telling them on Thursday to get their shots for his dog. “If you won’t do it for your family, you’ve got to get vaccinated for babydog.”

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Biden Budget And Treasury Green Book Add Details To Expected Far-Reaching 2021 Tax Changes – Tax


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The White House and Treasury today released the Fiscal Year 2022
Federal Budget and the Treasury Green Book, which include new details
regarding the Biden administration’s American Families Plan and
proposed 2021 tax changes – including a proposed retroactive
capital gains tax increase to 37 percent to the extent household
adjusted gross income exceeds $1 million. The tax changes expected
to be enacted this year could be substantial and far-reaching and
include corporate, individual and capital gains tax rate increases;
international tax changes;

Biden Budget and Treasury Green Book Add Details to Expected Far-Reaching 2021 Tax Changes | BakerHostetler

The White House and Treasury today released the Fiscal Year 2022 Federal Budget and the Treasury Green Book, which include new details regarding the Biden administration’s American Families Plan and proposed 2021 tax changes – including a proposed retroactive capital gains tax increase to 37 percent to the extent household adjusted gross income exceeds $1 million. The tax changes expected to be enacted this year could be substantial and far-reaching and include corporate, individual and capital gains tax rate increases; international tax changes; and estate and gift tax changes.

The Treasury Green Book proposes to raise $2.4 trillion in