When Democrats passed one year of an expanded Child Tax Credit within the $1.9 trillion American Rescue Plan, many of the credit’s supporters hoped it would become permanent. White House economic adviser Heather Boushey called the tax credit a “basic benefit” when speaking to Yahoo Finance in March as the relief package was becoming law. She predicted the overall package “will cut child poverty in half this year in no small part, due to this expansion of the Child Tax Credit.” That… Source link
Read More »Tesla’s Musk exercises all of his stock options expiring next year
San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk has exercised all of his options expiring next year, signaling an end to his stock sales that triggered a fall in the share price of the world’s most valuable carmaker. Musk said last week that he would reach his target of selling about 10% of his stake in Tesla “when the 10b preprogrammed sales complete,” likely referring to his options-related stock sales. Since early November, he has exercised options expiring next… Source link
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