Government finance

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Own Crypto? Here’s How to Avoid Running Afoul of the IRS.

Investors in cryptocurrencies may be sitting on big profits. Bitcoin and Ethereum, the two largest cryptos, are up 100% and…

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Stock Market

Here’s Where the Money to Pay for Biden’s Budget Bill Will Come From

Higher taxes are on the way for the very wealthy, and corporations. But when these changes begin, and what they’ll…

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Stock Market

How Tax Credits and Government Subsidies Have Aided the Electric-Vehicle Market

Electric vehicles are getting a lot of attention now. Car companies are quickly refashioning their lineups to incorporate more plug-in…

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Stock Market

Is NIIT the same as the ‘millionaire tax’?

Q.: You mentioned in a column that there is a 3.8% “Net Investment Income Tax.” Is that the millionaire tax…

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Stock Market

Congress loves rich dead people

The problem with those earlier proposals isn’t that they went too far. It’s that they didn’t go far enough. If…

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Business

El Salvador to build cryptocurrency-fueled ‘Bitcoin City’

El Salvador President Nayib Bukele says his government will build an oceanside “Bitcoin City” at the base of a volcano…

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Business

Cap on drug price hikes for privately insured sparks battle

WASHINGTON — Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in…

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Business

Divided House debates Dems’ expansive social, climate bill

WASHINGTON — A divided House finally launched debate Thursday on Democrats’ expansive social and environment bill, with party leaders hoping…

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Stock Market

Tesla’s Elon Musk Weighs In Again. First Taxation, Now Inflation.

Text size Tesla co-founder and CEO Elon Musk. Frederic J. Brown/AFP via Getty Images Elon Musk is battling with the…

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Business

Biden bill would give local news outlets ‘shot in the arm’

WASHINGTON — President Joe Biden’s $1.85 trillion social spending bill includes a provision that, if it becomes law, would mark…

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