Economy
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Biden policy to help IRS collect up to $851 billion in back taxes from ultra-wealthy
Using funds provided by the Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000. The IRS could collect as much as $851 billion in additional tax revenue over the next decade.
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A new child tax credit could pass this month. Here’s what it would do for low-income families.
During the pandemic, Democrats changed the child tax credit and cut childhood poverty in half. Now there’s new hope for making those changes permanent, but there are skeptics.
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As North Carolina housing costs soar, Biden wants to turn empty offices into housing
In Sept. 2020, the median home sale price in North Carolina was $272,000. As of Sept. 2023, that figure had risen to $363,600.
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Ticketmaster to End Hidden Fees, Show Full Ticket Prices Amid Pressure From Biden
While Ticketmaster and SeatGeek have agreed to institute more transparency when it comes to ticket sales, some anti-monopoly advocates think the answer is “breaking up” these companies altogether.
