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Protestors gather at council HQ over special needs education

The demonstration was organised by CWaC SEND Accountability, a group of parents who said they had been ‘let down’ by the council. ....

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It Is Unclear How Biden Will Shield Some Corporations From Tax Hikes • MV TELEGRAPH

President Joe Biden speaks during a joint congressional session in the U.S. Capitol on April 28, 2021. ....

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Plan to Revive I.R.S. 'Wealth Squad' Puts the Richest on Notice

President Biden has proposed a big increase in the I.R.S. budget for enforcement. So the best advice in dealing with the new scrutiny? Keep better records. ....

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American Families Plan Will Raise Taxes on the Rich, but Will Small Businesses Also Take a Hit?

American Families Plan Will Raise Taxes on the Rich, but Will Small Businesses Also Take a Hit?
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Biden Says He'll Protect Businesses From Certain Tax Hikes. It's Not Clear How

The proposal funds the programs by hiking taxes on the wealthiest Americans and closing certain loopholes. The plan raises the capital gains tax rate to 39.6% for households that make more than $1 million and closes the so-called step up in basis for gains of more than $1 million, or $2.5 million per married couple, minus certain real estate exemptions.
The White House said that the plan will include protections for owners of businesses and farms to shield them from what could be a significant tax hit if they want to pass the asset on to an heir, such as a child or sibling, upon their death. ....

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