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Senate Will Vote To Avert Shutdown; Pelosi Reschedules Infrastructure Vote After Progressives Refuse To Budge

Senate Will Vote To Avert Shutdown; Pelosi Reschedules Infrastructure Vote After Progressives Refuse To Budge
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Government Shutdown And Debt Ceiling Drama: What Comes Next

Government Shutdown And Debt Ceiling Drama: What Comes Next
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Senate Republicans Vote Down Pelosi's Debt Ceiling Bill, As Expected

Senate Republicans Vote Down Pelosi's Debt Ceiling Bill, As Expected
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Biden's Bombastic Budget: So Much Less Than Meets The Eye

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Goldman Says "No Surprise" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate

by Tyler Durden
Thursday, Apr 22, 2021 - 09:25 PM
Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).
Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won t actually take place and instead has been floated to set the negotiation ask , with Goldman expecting that
Congress will settle on a more modest increase, potentially around 28%. As such there are no actual surprises in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank s economists think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely. ....

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