Tag: Wealthy

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Teen son of wealthy L.A. businessman gets nine months for deadly Lamborghini crash

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A judge also sentenced the teen to four years probation for the deadly Feb. 17 incident. He was traveling at 106 mph at the point of impact and lost control when he crashed into Monique Munoz, who was driving a Lexus...

Psaki acknowledges Biden spending carries a cost, says wealthy to ‘pay more’ to cover expense

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In a question from a reporter, Psaki was asked whether the Biden Administration would "acknowledge the broader truth that it does cost somebody? Right?" "There's a clear difference to what we're talking about as it r...

Wealthy nations once lauded for coronavirus control lag in vaccinations

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In Japan, South Korea and New Zealand, the vaccination rates are languishing in the single figures. That is in sharp contrast to the U.S., where nearly half of all people have gotten at least one shot, and Britain an...

Biden to criticize tax cuts for wealthy while pushing middle-class agenda in Louisiana

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President Joe Biden on Thursday will make the case that his sweeping economic proposals are better positioned to bolster the middle class than tax cuts for the wealthy and corporations, according to a White House of...

India is churning out wealthy tech elites. Now they need to start making money

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New Delhi (CNN Business)This time last year, Indian entrepreneurs were in panic mode. The government had locked down the country's entire population in a dramatic step to fight the coronavirus pandemic. Company foun...

White House looks to raise taxes on wealthy and corporations

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The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday. Psaki said at a Wh...