House Democrats' plan drops repeal of a tax provision for inheritances
House Democrats revealed a package of tax hikes on corporations and the rich without President Joseph Biden's proposed levy on inherited property at death.
House Democrats revealed a package of tax hikes on corporations and the rich without President Joseph Biden's proposed levy on inherited property at death.
The proposal differs from a prior Biden administration plan to raise the top combined rate to 43.4% for those with income over $1 million.
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Bank of America CEO Brian Moynihan announced on Friday the most sweeping management overhaul of his 12-year tenure atop the giant financial institution.
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