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deficit spending and options to pay for their infrastructure bill they re working on now. progressives are advocating for a wealth tax. the white house is reportedly focused on increasing the corporate tax rate, raising income taxes for those making more than $400,000 a year and other tax hikes that would impact the rich. biden president biden seems to realize that republicans are not going to get on board for this. i ll get the democratic votes for a tax increase. if we took the tax raise back when bush was president, 6%, that would raise $230 billion. because republicans have lined up against it, there s new pressure for democrats to strap the filibuster. moderates like joe manchin oppose nuking filibuster. president biden indicated he s open to the idea. republicans are calling it a power grab and they re warning democrats could use the change for immigration reform. they re prepare to steam roll the senate into a body like the house because they get in the w ....
sweeping pieces of legislation in most recent history, set to impact american life on many, many levels. by now you probably heard about the $1,400 stimulus checks, which could start going out via direct deposit next week but the bill is also expected to add 7 million jobs to the economy. it s designed to cut child poverty in half, specifically helping black and hispanic families through the tax credits and family aid and it will fund nationwide vaccine distribution that should help bring an end to this covid pandemic. to underscore that, we just learned in the last hour, the biden administration will announce plans to buy 100 million additional vaccines from johnson & johnson. we should make it clear, that while there is a lot of hope and a lot of potential surrounding the new covid bill, we will not be sure how effective it s going to actually be until it s put into action. i want to bring in garrett haake on capitol hill. also with us, chief white house correspondent ....
On the indian markets, not one we talk about much, i will tell you about that later. And mobile adverts targeting you based on where you are well be talking to a firm giving away free wifi but with a catch. Three years after it started in sweden, a Company Becomes the first in the us to microchip its employees. We want to know, would you sign up for it . Just use the hashtag bbcbizlive. The micro chipping, convenient maybe, but lots of privacy issues. We will get into that later. Hello and welcome to Business Live. Three of the worlds most valuable Internet Firms release their latest numbers this week. The biggest by far is googles parent, alphabet. It has just reported a 21 jump in revenues. That was better than expected, but there was less cheer when it came to earnings. Net profit fell 27. 7 to 3. 5 billion. Hitting t ....
Again wow on the dow 10 straight sessions of gains. And more records broken. Question is, how long can it last . As you can see, europe is slightly off today. We will tell you why. And, this week on bbc news weve been looking at the issue of disability in the workplace. Later in the programme well speak to our producer in charge of the series. Johnny cassidy gradually lost his eyesight when he was a teenager and hell be talking to us about his unique experience of the newsroom. Today we want to know with japan allowing workers to head home early on a friday would you like to see this introduced in your workplace . Is it overkill or should employers be more sympathetic . Let us know. Just use the hashtag bbcbizlive. I tell you what, when you start at 4am in the morning, i dont want to go to 3pm welcome to the programme. We want products made in america made by american hands. That was the pledge of us President Donald Trump ....
And in other news, life on the moon. 0r, kind of in a moon of saturn. Possibly. But should we even be looking for Extra Terrestrials . Hello. Gbu as B Massive 0rd Nance air blast, or moab. Its a huge bomb. And it was dropped in afghanistan earlier today, aimed at the tunnels used by the Afghan Branch of so called Islamic State. The americans have never used a conventional weapon this powerful in combat, and given everything that has been happening in us foreign policy, it is no wonder that everybody is trying to work out what it means. Now, dont fall for some of the hyperbole its huge, but it would take more than a thousand of these to make one hiroshima. But does it tell us something about the willingness of the us military to flex its muscle in the world . ....