NEW YORK – After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way, the bill may be coming due for the nation's wealthiest investors.

President Joe Biden on Wednesday proposed to nearly double the tax rate that the highest-earning Americans pay on profits made from stocks and other investments.

It would force millionaires to pay similar tax rates on their investment gains as upper-middle class households pay on their salaries, after years of enjoying lower rates.

The increase in the capital gains rate is part of Biden’s plan to tax wealthy individuals and corporations to pay for programs to help lower-income families and children.

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Scientists warn of new covid variants after discovery of Omicron in deer

coronavirus infections and were vulnerable to repeated reinfections with new variants, researchers led by Pennsylvania State University scientists said.

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Consumer Matters: More B.C. seniors taken for thousands of dollars by ‘grandson scam’

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Canada’s James Crawford wins bronze in alpine combined skiing at Beijing Olympics

Canada’s James Crawford won the bronze medal in the men’s alpine combined skiing event at the Beijing Winter Olympics on Thursday.

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New Zealand police clash with Covid protesters at parliament

Police and anti-vaccine protesters have clashed on the grounds of New Zealand's parliament, with more than 120 arrested after demonstrators who camped outside the legislature for three days were ordered to move on.

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Eraj Fernando resigns as Hambantota Mayor

COLOMBO (News 1st); Hambantota Mayor Eraj Fernando announced on Thursday (10), that he would be stepping down from the post of Mayor.

Texas attorney general to probe GoFundMe for removing Canada’s trucker convoy fundraiser

Texas plans to launch an investigation into GoFundMe’s decision to take down a fundraiser for Canada’s trucker convoy that has been protesting COVID-19 measures and vaccine mandates in the nation’s capital for the past 13 days.A statement on Wednesday said that Attorney General Ken Paxton would probe potential violations of the Texas Deceptive Trade Practices Act after the crowd-funding platform’s integrity had come into question for removing the online campaign. ‘Incredibly scary’: How Canada’s trucker convoy protest is galvanizing the American right “GoFundMe’s response to an anti-mandate, pro-liberty movement should ring alarm bells to anyone using the donation platform and, more broadly, any American wanting to protect their constitutional rights,” Paxton said.“Many Texans donated to this worthy cause.

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Bill to amend the Prevention of Terrorism (Temporary Provisions) Act, tabled

COLOMBO (News 1st); Sri Lanka’s Foreign Minister (Prof) G. L .

G.L.Peiris Sri Lanka Eu Government prevention bill

Trucker protests: Trudeau blasts Conservative support for blockades at border crossings

Prime Minister Justin Trudeau on Wednesday during question period blasted the Conservatives for their support of the trucker protests in Ottawa and at Canada-U.S. border crossings in Coutts, Alta.

Justin Trudeau Canada city Ottawa Party

B.C. marine company records massive rogue wave off coast

A Victoria-based marine data company says it’s recorded what it calls the most extreme rogue wave ever recorded, off the coast of Ucluelet. Kylie Stanton has the details, and whether the wave posed a danger to the coastline.

Kylie Stanton Waves Extreme

‘Snowball effect’: Canada’s trucker convoy sparks anti-mandate protests globally

“Freedom Convoy” protest movement against COVID-19 vaccine mandates that has paralyzed the Canadian capital and spilled over to key Canada-U.S. border crossings has gained global momentum, with similar demonstrations popping up in other parts of the world.Since Jan.

Kerry Bowman Usa Canada city Ottawa city Canadian covid-19 pandemic vaccine

Weighing the risks and rewards of lifting COVID-19 restrictions

Despite concerns remaining high for Canada’s hospitals, more provinces are set to lift public health restrictions yet again, in a bid for Canadians to start living with COVID-19.

Jamie Mauracher Canada hospital covid-19 Health

Misinformation fuels copycats as Ottawa convoy gains international support

With the occupying protests in Ottawa gaining international support, similar movements hoping to protest COVID-19 mandates are underway in other countries, especially the United States.

Usa city Ottawa Jackson covid-19 information

Most extreme rogue wave ever was recorded off B.C. coast

rogue wave ever recorded has been measured off the coast of Vancouver Island, near Ucluelet, B.C.The wave, measuring 17.6 metres – which is as high as a four-storey building – was recorded in November 2020 by Victoria, B.C.-based MarineLabs Data Systems.It is the subject of a scientific report by Dr. Johannes Gemmrich and Leah Cicon, from the University of Victoria, and published last week in the journal, Scientific Reports.Rogue waves are waves with more than double the height of the waves currently happening around them. According to MarineLabs, they can also be known as “freak” or “killer waves” as they can occur unexpectedly, and, because they are so huge, can be very dangerous.

county Island Norway city Vancouver, county Island city Victoria 2020 Waves Extreme

How a 93-year-old B.C. senior lost $8,900 after falling victim to ‘grandson scam’

Consumer Matters.The fraudster instructed Rice to withdraw $8,900 in cash and to tell bank staff the funds were needed for renovations.Rice said a staff member at the CIBC where she has been banking since the 1970’s suggested a bank draft, but Rice said the con artist had convinced her cash was the only option.She had a $1,000 limit at the ATM but bank staff eventually raised her limit so she could withdraw the funds, Rice explained.“I really didn’t know how to withdraw from the ATM machine and she did it for me,” said Rice. WestJet Vacations customer endures long battle getting refund after COVID cancellation The fraudster eventually arrived at Rice’s door where he took off with thousands of dollars of Rice’s money.“I feel so bad being taken by these people,” she said.Rice’s daughter, Jo, says the bank should have asked her mom more questions.

information CIBC prevention old

Child tax credit: How to receive up to $3,600 per child, who’s eligible for it

U.S. Department of the Treasury Internal Revenue Service (IRS) 1040 Individual Income Tax forms.

Joe Biden Daniel Acker Usa information Coronavirus Provident

Here's Why Four 'Amazing Race' Teams Didn't Return After Hiatus for COVID-19

The Amazing Race finally returned to CBS last month after being off the air for more than two years and this season is unlike any other.

covid-19 2020 Racing

Protesters continue to block major border crossings in Ontario & Alberta

Sean O’Shea updates the protest at the Ambassador Bridge in Windsor, Ontario that has such down one of North America’s largest border crossings.

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Claim PIP for mental health and you could get up to £608 each month from DWP

The Department for Work and Pensions (DWP) has announced significant changes to its guidance for health professionals carrying out Personal Independence Payment (PIP) assessments across the UK.

Britain information Health Mobile

35% spike in COVID-19 cases reported in Sri Lanka; 15% increase in COVID deaths

COLOMBO (News 1st); Sri Lanka has recorded a 35% spike in COVID-19 cases compared to the first week of February 2022.Dr. Anwar Hamdani, attached to the Ministry of Health speaking to News 1st said that COVID-19 fatalities have also spiked by 15 %.He urged the general public to immediately obtain the booster dose against COVID-19 if they are yet to do so.He further noted that a mobile vaccination drive is in effect to vaccinate some 1.1 million Sri Lankans who remain unvaccinated.

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Aditya Birla Health Insurance inks bancassurance partnership with Utkarsh SFB

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Minneapolis school bus driver shot in head

A bus driver suffered injuries on Wednesday after being shot in Minneapolis. MINNEAPOLIS (FOX 9) - A school bus driver was rushed to the hospital on Wednesday after being shot in the head in Minneapolis.Police responded around 2:15 p.m.

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Grocery prices continue to rise with no end in sight

DEVON, Pa. - Some national retailers say don’t expect grocery prices to come down anytime soon and they may even climb in coming weeks."$90 for nothing. Just fruits and vegetables and a box of coffee. Like three or four bags.

Dan Roccato experts pandemic Twitter

India reports 67,084 Covid-19 cases, 1,241 Covid-19 deaths in last 24 hours

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Tripura govt imposes night curfew from February 11 amid Covid-19 spread. See details

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Wanted: Woman charged for luring man to MS-13 ambush, where he was hacked by machete and shot to death

HOUSTON - A woman is on the run after being charged with murder for luring a man to his ambush death at the hands of machete-wielding MS-13 gang members.Authorities are now asking for the public's help in finding Karla Jackelin Morales. Harris County District Attorney Kim Ogg announced on Wednesday that a reward is being offered for information that leads to her capture.CLICK HERE FOR MORE ON CRIME & PUBLIC SAFETY"She helped plan and plot this vicious execution, and somebody out there knows where she is hiding," Ogg said.

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Police: Teen shot multiple times inside Mantua store and killed

Police in Philadelphia's Mantua neighborhood investigate after a 19-year-old male was shot multiple times and killed inside a store. MANTUA - Philadelphia Police are investigating a shooting homicide inside a Mantua business that killed a 19-year-old male.The shooting happened on the 3700 block of Wallace Street Wednesday, a little after 9 p.m., inside a corner store.Officials say responding officers found the teen suffering from multiple gunshot wounds when they arrived.MORE HEADLINES:Medics pronounced the teen dead at the scene.Police say no weapon has been found and no arrests have been made.___Tips can be submitted by calling 215-686-TIPS (8477) or texting PPD TIP (773847).

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Sri Lanka considering House Arrest for those convicted of minor offenses

COLOMBO (News 1st); Sri Lanka’s Department of Prisons is considering the option of introducing house arrest for those imprisoned for minor offenses.The option is being considered as a measure to minimize congestion across Sri Lankan prisons, and it will be implemented as a five-year program.The Department of Prisons said the House Arrest program will be introduced in Sri Lanka similar to those used overseas, as an alternative to imprisoning people convicted of minor offenses.It added that this program will not only reduce the number of those convicted for minor offenses serving their sentences in prison and reduce congestion, but it will also cut down state expenditure.In addition, the Department of Prisons also hopes to introduce the House Arrest program for those who fail to pay their fines and allow them to be employed in order to pay the said fine and be released from House Arrest.House Arrest:This is given to some offenders as an alternative to jail time or prison sentencing.When ordered to stay under house arrest, the individual must stay confined to their house and wear an electronic monitoring device (currently used overseas) to ensure they are sticking to the terms of confinement.

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Hejaaz Hizbullah finally goes home after nearly two years in detention

COLOMBO (News 1st); Attorney-at-Law Hejaaz Hizbullah on Wednesday (9) walked out of the Puttlam High Court without handcuffs after he was held for nearly two years in detention.Hejaaz Hizbullah was released on a cash bail of Rs. 100,000/- and two surety bails of Rs.

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Colorado mom who fatally abused 7-year-old daughter sentenced to 16 years

Photo of Olivia Grant during a ride along with the Denver Police Department in 2017. DENVER - A Colorado mother who fatally abused her 7-year-old daughter and lied about her health to get handouts from charities worth at least $100,000 was sentenced to 16 years in prison as part of a plea deal that threw out murder charges.Judge Patricia Herron issued the sentence Wednesday after Kelly Turner pled guilty last month to child abuse resulting in the 2017 death of the girl, Olivia Gant, and to charitable fraud and theft.Previous charges of first-degree murder, attempt to influence a public servant and forgery were dropped as part of an agreement with prosecutors.Turner said nothing during her virtual sentencing hearing but wiped away tears as prosecutors played a video made by Olivia’s grandfather Lonnie Gautreau of Olivia laughing and smiling, baking a cake, dancing in a princess costume, playing doctor with her dolls and singing songs."This truth about Olivia has caused such a deep pain that it continues to ravage me every day," said a statement from Gautreau that was read at the hearing by a prosecutor.

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Suspect surrenders after hours long standoff at West Philadelphia home, police say

PHILADELPHIA - Authorities gathered outside a home in West Philadelphia on Wednesday night after police said a recently evicted tenant locked himself inside with two young children.Officers from the Philadelphia Police Department were called to a home on the 5500 block of West Girard Avenue just before 8 p.m.According to police, a 36-year-old man who was recently evicted from the property changed all the locks and violated a Protection From Abuse order. The suspect, who has not been named, locked himself inside the home with a 2-year-old and 3-year-old. After more than two hours inside the home, police said the suspect surrendered peacefully and no injuries were reported.MORE LOCAL HEADLINES___DOWNLOAD: FOX 29 NEWS APP | FOX 29 WEATHER AUTHORITY APPSUBSCRIBE: Good Day Digest Newsletter | FOX 29 Philly on YouTubeAdvertisementFOLLOW: Facebook | Instagram | Twitter

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Some Albertans celebrate end of the restrictions exemption program

While some are questioning the timing of Alberta lifting the restrictions exemption program, others like bar and restaurant owners say it will help their bottom line and reduce the pressure on their staff to enforce the vaccine passport. Dan Grummett explains.

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Joe Rogan Addresses COVID Stance & N-Word Scandal In New Standup: 'I Talk S**t For A Living'

Joe Rogan is speaking out about all the controversies he’s recently been making headlines for…

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Dollywood offers to pay tuition for employees

according to the website. "The education benefit package is available to all team members on the first day of their employment. It will allow employees at all levels to pursue their personal and professional dreams," the website said.The resort will also cover any additional fees and textbook costs. "Our goal at Dollywood Parks and Resorts is to provide the best possible experience for both our guests and our hosts," Eugene Naughton, president of The Dollywood Company, said in a news release.

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Trudeau slams Canada trucker protests, police threaten arrests

Canadian police have threatened to arrest trucker-led protesters who have shut down central Ottawa and disrupted cross-border trade in anger at Covid health rules, as Prime Minister Justin Trudeau lambasted the movement as "unacceptable."

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Fourth dose of Covid-19 vaccine ‘conceivable’ to protect against Omicron variant: Fauci

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Alberta parents, school officials react to COVID-19 masking changes

Alberta students will not have to wear masks in schools come Monday — and parents are split on their feelings about the changes. Breanna Karstens-Smith reports.

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Trucker protests: Trudeau says government has helped people grappling with demonstrations in Alberta, Ottawa ‘every step of the way’

During Tuesday’s session of question period, NDP Leader Jagmeet Singh asked Prime Minister Justin Trudeau what concrete steps the government has taken to help people grapple with the Coutts, Alta. trucker convoy and Ottawa anti-mandate protests.

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Alberta Premier Jason Kenney explains timing of vaccine passport ending

Alberta’s Restrictions Exemption Program is no more and soon, other COVID-19 health restrictions will also be lifted. Alberta Premier Jason Kenney joined Gord Steinke to talk about the timing and where the province goes from here.

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Edmonton exploring its own municipal restrictions exemption program

Edmonton city council is weighing its options when it comes to introducing its own COVID-19 health measures. Councillors voted in favour Wednesday of exploring a municipal proof of vaccination program. Kim Smith explains.

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COVID-19: City committee votes against exploring vaccine passport program just for Calgary

The City of Calgary will not be implementing its own COVID-19 vaccine passport program — at least for now — after a city committee voted against exploring the idea on Wednesday. Adam MacVicar reports.

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Alberta businesses divided over vaccine passport elimination

It was designed to curb spiking COVID-19 case rates and to encourage vaccination, but Alberta Premier Jason Kenney says the passport program has done its job. Some businesses are applauding the move while others say it’s far too premature to eliminate the provincial restrictions exemption program.

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Goodell: NFL won’t tolerate racism, vows changes amid Dolphins fallout

INGLEWOOD, CALIFORNIA - FEBRUARY 09: NFL Commissioner Roger Goodell addresses the media on February 09, 2022 at the NFL Network's Champions Field at the NFL Media Building on the SoFi Stadium campus in Inglewood, California. (Photo by Rob Carr/Getty INGLEWOOD, Calif. - Under a baking California sun, Roger Goodell knew the heat was coming.At his annual Super Bowl news conference, the NFL commissioner was grilled on two hot topics that have put the league under heavy scrutiny: racism and discrimination in hiring.

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Snoop Dogg takes over Death Row Records, label that launched his career

Snoop Dogg of hip-hop supergroup Mt. Westmore performs at Rupp Arena on November 20, 2021 in Lexington, Kentucky. (Photo by Stephen J. Cohen/Getty Images)LOS ANGELES (AP) - Snoop Dogg has taken over a popular record label that launched his stellar career.The rapper-mogul acquired Death Row Records’ brand from MNRK Music Group, which is controlled by a private equity fund managed by Blackstone, the i nvestment firm announced Wednesday.

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Central Bucks West choir director charged with recording former student as he undressed

BUCKINGHAM TOWNSHIP, Pa. - A Central Bucks West High School choir director has been charged with hiding cameras inside a bedroom in his home in order to record a former student as the student undressed.Joseph Ohrt, a Buckingham Township resident, faces one count of interception, disclosure or use of a wire, electronic or oral communications and four counts of possession, sale, distribution, manufacture or advertisement of electronic, mechanical or other devices and telecommunication identification interception devises, all felonies in the third degree.An investigation began May of 2021 by Central Bucks Regional Police Department and the Bucks County District Attorney’s Office after receiving a Childine tip of an alleged sexual assault of a former student by Ohrt.MORE HEADLINES:The victim, a 2016 graduate of Central Bucks West, was a member of the choir. He stated that in his junior year, Ohrt mentored him in music composition.

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American Rescue Plan could make 2021 tax bill $0 for those making less than $75K, congressional committee says

WASHINGTON - President Joe Biden’s massive $1.9 trillion relief package which was signed into law in March slashed taxes for lower-income Americans. According to a recent report from Congress’ Joint Committee on Taxation, Americans who make between $75,000 and $100,000 a year will pay an average tax rate of just 1.8%.

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Biden's corporate tax plan takes aim at income inequality

WASHINGTON – From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and mostly missed.

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Strong gains in consumer spending and incomes in March

WASHINGTON – U.S. consumer spending rose at the fastest pace in nine months while incomes soared by a record amount in March, reflecting billions of dollars in government support payments aimed at putting the country firmly on the road to recovery.

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Asia stocks mixed after Wall St falls on Biden tax report

BEIJING – Asian stock markets were mixed Friday after Wall Street fell following a report that President Joe Biden will propose raising taxes on the wealthiest investors.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Explainer: Capital gains tax hike targets wealthy investors

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