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Biden’s plan would raise the current capital gains tax rate of 20 percent and nearly double it to 39.6 percent for Americans earning over $1 million a year. The tax revenue would help fund Biden’s American Families Plan, which would expand new skills training for workers, child-care subsidies and help establish tuition-free community college for all. While Biden is expected to release the proposal formally next month, recent tweets by progressive Democrats have voiced support for taxing the wealthy and aiding childcare as well as higher education....

“I think if you listen to the Elizabeth Warren plan, it is 100 percent recession, if not worse,” Mnuchin claimed to reporters. “It is perfectly clear that there are two different approaches to the economy. I think it’s clear what our approach has been, and it’s worked, whether it’s our tax cuts, regulatory relief or trade.” “It’s why the U.S. economy is outperforming everyone else in the world,” the Trump appointee added, trying to quell recent fears that another recession could be just around the corner amidst a trade war with China....

Accounts belonging to Donie O’Sullivan of CNN, Drew Harwell of The Washington Post, Ryan Mac of The New York Times and independent journalists Aaron Rupar and Keith Olbermann were among many to be permanently suspended by Twitter on Thursday night. Musk later suggested in a tweet that the accounts had violated the platform’s recently updated terms of service regarding “doxxing”—disclosing someone’s personal details online—although it was unclear which rules had been broken....

The SpaceX and Tesla CEO is now the second-wealthiest American with an eye-watering $170 billion fortune. Despite the U.S. economy reeling from an unprecedented unemployment crisis with millions of Americans out of work, Musk enjoyed a meteoric rise, in part, attributed to the success of technology giants that emerged stronger than ever. The 50-year-old made the additional $150 billion from the start of the COVID-19 crisis on March 18, 2020, to August 17, 2021, according to a report from Americans for Tax Fairness (ATF), a political advocacy group, and the Institute for Policy Studies Program on Inequality (IPS), a Washington-based think tank....

Musk’s early morning tweet about Dr. Anthony Fauci, the soon-to-be retired chief medical adviser to President Joe Biden, is the latest case where the billionaire has won praise from conservatives on the social media platform. In his tweet, the billionaire, 51, appeared to mock pronoun use and said: “My pronouns are Prosecute/Fauci.” The comment has been liked more than 208,200 times and retweeted 39,300 times since being shared. Meanwhile, Representative Marjorie Taylor Greene, a Georgia Republican, replied to Musk’s tweet and said: “I affirm your pronouns Elon....

While there has been no official word from Twitter or even from Musk regarding this news, it isn’t a new thing either. The inner scoop The journalists in question has had their entire profiles and past tweets deleted. Some of these journalists are reporters from The New York Times, CNN and even Washington Post. The suspension of these news reporters from Twitter is only in line with the Musk step of permanent ban on the account that had tracked his private jet with use of publicly accessible data....

Bitcoin prices immediately fell after Musk announced the Tesla policy reversal on Wednesday, although prices appeared to have stabilized somewhat by Thursday. The value of Dogecoin, which was initially created to parody cryptocurrencies like Bitcoin, spiked by around 20 percent after Musk tweeted about it on Thursday. “Working with Doge devs to improve system transaction efficiency,” Musk tweeted. “Potentially promising.” The price surge that ensued mirrored the aftermath of a Musk tweet from Tuesday, when Dogecoin’s value spiked after he asked followers whether Tesla should accept it as payment....

Per match refreshments were taken at the quaintly named “Barrowboy and Banker” Pub near London Bridge which was heaving with a mixture of football fans, the vast majority carrying the scars and weariness badges that come with following Leeds United. The Leeds anthems were soon reverberating around the traditional London pub. Brian McD had shuffled his pack and brought in Alex Mowatt for his championship debut in a 5 man midfield that included Ross Mac, Tonge, Austin and Murphy....

Chelsea’s Emerson has been linked with Serie A champions Juventus and Inter after swapping Roma for the Premier League in 2018. Emerson spent two and a half years playing for Roma in the capital and the seven-time Italy international would be open to a Serie A comeback. “I was very happy in Serie A, including with the culture, which is also why I chose to play for Italy,” he told Sky Sport Italia....

Chad Gerrick, 50, a sixth-grade teacher at Sinking Springs Elementary School in York, was arrested Friday on a charge of terroristic threat, the York Daily Record reported. Gerrick allegedly had a conversation with school administration earlier in the morning after maintenance staff took down the plastic barrier, the Daily Record reported. Later that day, a cafeteria worker overheard him threatening to shoot everyone at the Central York Educational Service Center if he became infected with the virus....

Manning has had an opportunity to observe a dramatic free agency period at his position since retiring from the Giants at the end of last season. Brady, the man he beat in two Super Bowls, opted to leave the Patriots after 20 years, nine AFC championships and six Vince Lombardi trophies. It was shock to Manning that Brady would part with New England coach Bill Belichick. MORE: Former teammate thinks Brady just got ‘fed up’ with Belichick...

The Senate began debate on the voting rights legislation—which would expand voting access and restore key provisions of the Voting Rights Act of 1965—on Tuesday. But two moderate Democratic senators, Kyrsten Sinema of Arizona and Joe Manchin of West Virginia, threaten to derail the bill through their support of the filibuster, a Senate rule requiring at least 60 votes to end debate on a bill. In an evenly-divided senate where no Republicans have said they would vote to end the filibuster on the voting rights legislation essentially kills any chance of the bill passing....

The House of Representatives passed the $1.9 trillion American Rescue Plan on a party line vote on Friday. No Republicans voted in favor while two Democrats broke ranks and voted against it. Warren, a prominent supporter of the relief package, defended its provision raising the minimum wage from $7.25 to $15 in an email to supporters on Friday. She also criticized Senate Minority Leader Mitch McConnell (R-KY). “It’s hard to imagine two-thirds of Americans agreeing on much of anything....

In a recording of the chat, which has since widely been shared on Twitter and others, journalists can be heard challenging Musk about the legitimacy of his decision to suspend the accounts of journalists reporting on the jet tracking accounts which followed the millionaire’s movements across the world, among others. While journalists insisted that reporting on Musk’s jet movements isn’t the same as posting his personal address and it’s in the public interest, the Twitter chief reiterated that for him that was “doxxing....

The rental car company purchased 100,000 electric vehicles from Tesla, only months after it flirted with bankruptcy. This order meant Tesla’s stock price surged and the company is now worth more than $1 trillion. Naturally, that also has a knock-on effect for its co-founder and CEO, as well as his bank balance. How Much Is Elon Musk Worth? After the Hertz order, Musk is now estimated by Bloomberg to be worth a staggering $288....