| The Internal Revenue Service is increasing the inflation-adjusted amounts of the Child Tax Credit and Earned Income Tax Credit for this year in accordance with the latest coronavirus relief package. | IRS sees delays in tax refunds and quarterly payments | | By Michael Cohn 5 min read | | The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15. | |
| Biden eyeing tax rate as high as 43.4% | | By Laura Davison and Allyson Versprille 4 min read | | His plan includes a proposal to almost double the capital gains tax rate for wealthy individuals to help pay for a raft of social spending, according to people familiar with it. | |
| Biden touts tax credit to prod businesses on worker vaccination | | By Josh Wingrove and Nancy Cook 3 min read | | President Joe Biden called on employers to use a tax credit to provide paid time off to workers to get vaccinated and for businesses to do more to boost the inoculation effort as the U.S. seeks to get shots in more arms. | |
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