Tag: Plan

The Median Household Will Pay More under Biden-Harris Tax Plan

No one can doubt that Joe Biden plans to raise taxes on households earning over $400,000. The question is how the Biden-Harris tax plan, if implemented, would affect households earning less than $400,000. On cue, during last Wednesday’s debate, Senator Harris and Vice President Biden sparred over the subject.

The answer? Most households would face a tax increase under the Biden-Harris tax plan. In fact, as the chart shows, unless your household income is less than $45,600, there is more than a 90 percent chance that the Biden-Harris plan, if enacted, will raise your taxes. In the exact middle of the household income distribution, over 95 percent of households can expect a tax increase if the Biden-Harris plan becomes law. Overall, 82.6 percent of American households can expect a tax increase.

These estimates come from the Penn Wharton Budget Model at the University of Pennsylvania’s Wharton School of Business,

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Research, Plan and Strategize: The Fundamentals of Starting Out as an Entrepreneur


When you choose to hack your own path through the workplace jungle, you’re taking on a lot of risk and uncertainty. No matter your industry, you’ll face financial risk. Even freelancers struggle to find clients from time to time. You’ll also have to adapt to the varying demands of your business—you’ll have to be good at both forward-facing client communication, and head-to-the-books labor.


And just because you’re in charge doesn’t mean you don’t still conceptually have a boss. There will always be commitments to customers and business associates. There will always be deadlines.

But the benefits are numerous. Your business is your ship, and you set the course. You choose your own hours. You choose your goals. No one can

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44% of Americans Plan to Apply for Store Credit Card This Holiday Season; Big Jump From 2019

CHARLOTTE, N.C., Oct. 12, 2020 /PRNewswire/ — A lot more Americans say they’re likely to apply for a store credit card this holiday season than did in either of the previous two years, according to a new report from CompareCards by LendingTree.

That’s despite the fact that more than half (56%) of people who say they’ve had a store credit card say they’ve regretted getting one.

Full report: https://www.comparecards.com/blog/2020-store-card-report/ 

Key findings:

  • Big jump in interest in store cards: 44% of Americans say they’re at least somewhat likely to apply for a store card during the holiday shopping season. That’s up from 32% in 2019 and 24% in 2018.
  • Store card APRs fall: The average APR for a new store credit card is 24.24%, down from 25.41% in 2019, thanks largely to Federal Reserve interest rate cuts.
  • More regrets: More than half (56%) of those who have had a
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UK unveils 3-level lockdown plan; Liverpool at highest risk | Business News

Stephen Powis, medical director of the National Health Service in England, said three temporary COVID-19 hospitals in northern England that were mothballed when the outbreak receded over the summer are being readied to admit patients once again in the coming weeks.

England’s deputy chief medical officer, Jonathan Van-Tam, said Monday that while northern England has the highest infection rates, cases are on the rise across the country. Infections have risen most rapidly among older teenagers and young adults, who generally suffer mild symptoms, but are spreading to older and more at-risk groups.

“This is a nationwide phenomenon now,” Van-Tam said.

Bar and restaurant owners pushed back against the new restrictions, saying the government has not shared any evidence backing up the claim that they are the major transmission sources of the virus.

Manchester City Council leader Richard Leese said data from the city’s public health officials “seems to demonstrate that

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End of an Era as Unilever UK Shareholders Back Unification Plan | Investing News

By Martinne Geller and Toby Sterling

LONDON/AMSTERDAM (Reuters) – Shareholders in Unilever Plc have approved the company’s plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said on Monday.

The proposal passed with the support of more than 99% of shares voted.

The results were released during shareholder meetings streamed online due to the COVID-19 pandemic. Investors in Dutch-listed Unilever NV

approved the move with 99.4% support last month.

Unilever wants to unify on Nov. 29, ending a hybrid structure that dates back to the merger of British soap maker Lever Brothers and Margarine Unie in the Netherlands.

The maker of Dove soap, Hellmann’s mayonnaise and Ben & Jerry’s ice cream says the dual structure hampers its ability to conduct acquisitions and asset sales quickly, such as the planned sale of its tea business.

Such flexibility is key to Unilever’s

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Liverpool, Manchester chafe at UK’s new 3-level COVID-19 lockdown plan

By JILL LAWLESS, The Associated Press

LONDON (AP) — The British government is set to announce new restrictions Monday on business and socializing in major northern England cities with high infection rates. But pubs, restaurants and other businesses are pushing back, arguing that they are not to blame for a resurgent outbreak.

Local authorities in hard-hit cities including Liverpool and Manchester are seeking financial support for businesses that are ordered to close, and details of an exit strategy from local lockdowns.

After falling in the summer, coronavirus cases are on the rise in the U.K. as winter approaches. Under the new measures, areas of England will be placed in “tiers,” classing them as at medium, high or very high risk, and placed under restrictions of varying severity.

Liverpool mayor Steve Rotheram said his city was to be placed in the highest category.

“We were told we were going into Tier

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Fears for tiers: UK cities chafe at 3-level lockdown plan

LONDON (AP) — The British government is set to announce new restrictions Monday on business and socializing in major northern England cities with high infection rates. But pubs, restaurants and other businesses are pushing back, arguing that they are not to blame for a resurgent outbreak.

Local authorities in hard-hit cities including Liverpool and Manchester are seeking financial support for businesses that are ordered to close, and details of an exit strategy from local lockdowns.

After falling in the summer, coronavirus cases are on the rise in the U.K. as winter approaches. Under the new measures, areas of England will be placed in “tiers,” classing them as at medium, high or very high risk, and placed under restrictions of varying severity.

Liverpool mayor Steve Rotheram said his city was to be placed in the highest category.

“We were told we were going into Tier 3 — no ifs, no buts,”

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UK cities chafe at new restrictions in 3-level lockdown plan

LONDON (AP) — The British government is set to announce new restrictions Monday on business and socializing in major northern England cities with high infection rates. But pubs, restaurants and other businesses are pushing back, arguing that they are not to blame for a resurgent outbreak.



Commuters walk across London Bridge during the morning rush hour towards the offices in the financial district of the City of London in London, Monday, Oct. 12, 2020. In response to the coronavirus' resurgence, British Prime Minister Boris Johnson is expected to announce in Parliament on Monday a three-tier local lockdown system, formally known as "Local COVID Alert Levels," for England, his office said. (AP Photo/Matt Dunham)


© Provided by Associated Press
Commuters walk across London Bridge during the morning rush hour towards the offices in the financial district of the City of London in London, Monday, Oct. 12, 2020. In response to the coronavirus’ resurgence, British Prime Minister Boris Johnson is expected to announce in Parliament on Monday a three-tier local lockdown system, formally known as “Local COVID Alert Levels,” for England, his office said. (AP Photo/Matt Dunham)

Local authorities in hard-hit cities including Liverpool and Manchester are seeking financial support for businesses that are ordered to close, and details of an exit strategy from local lockdowns.

After falling in

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Small business coalition continues push for new reopening plan

SAN DIEGO – A coalition made up of San Diego County businesses is taking the next steps in its push for a new local economic reopening plan.

“Currently, there is no green tier,” said Jon Weber, owner of Cowboy Star Restaurant and Butcher Shop and founder of the We Mean Business coalition. “Currently, there is no light at the end of the tunnel.”

Weber started the coalition as a way for local businesses to join together toward the end of what has been a tumultuous year for most industries amid the coronavirus pandemic. Dozens of others have joined him in recent weeks to hold several rallies and now many of them are on board to sign a petition on the group’s website.

They hope it will force San Diego County’s Board of Supervisors to meet them halfway to draft a less restrictive reopening plan.

“It’s our commitment to the county

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DPW Holdings Announces Acceptance of Plan by NYSE

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

NEWPORT BEACH, Calif., Oct. 12, 2020 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”) announced that on October 8, 2020, the NYSE American, LLC (the “NYSE”) notified the Company that it has been granted a listing extension until January 24, 2022 on the basis of the plan recently submitted by the Company to regain compliance with the NYSE American Company Guide (the “Listing Standards”). Specifically, the Company has demonstrated how it intends to regain compliance with Sections 1003(a)(ii) and (iii) of the Listing Standards by having stockholders’ equity be $6.0 million or more. The Company will be subject to periodic review by NYSE during the extension period. Failure to make progress consistent with the plan or to regain compliance with the

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