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Jan162021 by adminNo Comments

Biden’s stimulus proposal would boost these tax credits for families

US President-elect Joe Biden speaks at The Queen theater in Wilmington, Delaware on January 7, 2021, to announce key nominees for the Justice Department.Jim Watson | AFP | Getty ImagesPresident-elect Joe Biden's stimulus proposal includes a bevy of tax credits aimed at stabilizing the finances for American families.Biden's pandemic aid plan, which he unveiled Thursday night, calls for an expansion of key tax credits families currently receive to help contend with the cost of raising children.Those proposals are significant for low-income families, which have suffered the most amid the pandemic as the hospitality and retail industries have shed jobs over the course of 2020."In the world of people who care about low-income children, this is really big news," said Elaine Maag, principal resea...

Jan152021 by adminNo Comments

Martin Luther King: ‘They thought his affairs would destroy him… but the press wouldn’t touch it’

Entertainment

Director Sam Pollard grew up in a house with three pictures on the wall - Martin Luther King Jr, John F. Kennedy and Jesus.Two of those childhood role models made it into his latest documentary, MLK/FBI. Early influences aside, the Oscar-nominated filmmaker says what's extraordinary about the film is that it's centred on information, which by rights, shouldn't exist.It draws on recently declassified files, obtained through the Freedom of Information Act and unsealed by the National Archives, to show how King was targeted by the Federal Bureau of Investigation (FBI) throughout the 1950s and 1960s, right up to the day of his death. Image: King speaking in his hometown of Atlanta, Georgia, in 1960 Despite King's fiercely non-violent appr...

Jan92021 by adminNo Comments

Mega Millions jackpot leaps to $600 million. Here’s how much the winner would pay in taxes

Finance

Drew Angerer | Getty Images News | Getty ImagesNo, you didn't hit the $ 520 million Mega Millions jackpot.The lottery game's top prize has climbed to a whopping $ 600 million for Tuesday night's drawing, following no ticket matching all six numbers drawn Friday night. The amount marks the 8th-largest jackpot in lottery history. And Powerball's jackpot, meanwhile, is an estimated $ 470 million for Saturday night's drawing.Of course, the advertised amounts are not what winners would end up with. Lottery officials are required to withhold 24% of big wins for federal taxes. And that's only the start of what you would pay to Uncle Sam and, typically, state coffers.More from Personal Finance:Some newlyweds face a marriage tax penaltyHere are three of my worst money mistakesAvoid mistakes when...

Nov152020 by adminNo Comments

Would UK be ready for a new petrol car ban in 2030?

Science

Boris Johnson is poised to announce that the government is bringing forward by a decade a ban on the sale of new petrol and diesel cars to 2030 from 2040, the BBC understands.It's understood that new hybrid cars – those with electric motors as well as engines – will get a stay of execution: they will be banned from 2035.But would the UK be ready for these changes?Chief environment correspondent, Justin Rowlatt, reports.Let's block ads! (Why?) BBC News - Science & Environment

Nov32020 by adminNo Comments

Trump admits losing would not be ‘easy’ as final votes cast in US election

World

Donald Trump has admitted losing the US presidency would not be "easy", as voters head to the polls in the final hours of a historic election.The Republican incumbent said he had not yet thought about a concession or victory speech, as he addressed party workers at their headquarters in Arlington, Virginia. Meanwhile, Democrat challenger Joe Biden headed back to his home state of Pennsylvania in a last-ditch bid to win over enough people to turn the state blue and reap its 20 electoral college votes. Image: Joe Biden went back to his childhood home He was bullish about the prospect of success, writing a note on the living room wall of the home he grew up in Scranton: "From this house to the White House with the grace of God."Americans...