economy - Page 13

Report: Joe Biden Plans First Major Tax Hike in a Generation

President Joe Biden is considering a tax hike to underwrite the economic program launched by the approval of his $1.9 trillion pandemic stimulus package, a Monday report by Bloomberg claims. The tax jump will be the first major lift in federal taxes in almost 30 years if successful.

WASHINGTON, DC - MARCH 12: U.S. President Joe Biden (R) takes off his mask as Vice Preside

Coronavirus Relief Bill Makes Illegal Streaming a Felony

The long-awaited coronavirus relief bill, purportedly aimed to help Americans and their small businesses as the Chinese coronavirus continues to grip the nation, would make illegal streaming a felony — a special interest gift to the entertainment industry.

disneyplus16billion1

China: Hundreds of Parents Protest Post-Pandemic Fall of Tutoring Company in Beijing

A few hundred protesters gathered in Beijing on Monday, most of them parents demanding refunds after a private tutoring company called Youwin Education went out of business. The demonstration was unusual in the tightly-controlled capital of Communist China, especially since it came on the very day that Chinese officials claimed the national economy came roaring back from the coronavirus in the third quarter with nearly five percent growth.

Students wearing face masks to help curb the spread of the coronavirus walk in line as the

Wuhan Locals on Coronavirus Lockdown: ‘The Trauma Is So Deep’

In Wuhan – the origin location of the Chinese coronavirus pandemic – locals say that the city’s 11-week coronavirus lockdown caused severe “trauma” to both the urban center’s economy and its residents’ collective psyche, contradicting Chinese Communist Party (CCP) propaganda suggesting that the capital of Hubei province has returned to a pre-pandemic normal.

coronavirus