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Britain’s 100 biggest companies paid 7.8% less in taxes in the first year of the pandemic as profits fell and they took advantage of tax breaks, according to an annual survey by accountants PWC.

A looming tax on cryptocurrency profits in South Korea will likely be pushed back by a year, giving a reprieve to traders who said they were being unfairly targeted.

President Joe Biden promises cheaper and more accessible care for children, the elderly and disabled once his $2 trillion social spending package passes Congress, yet it will take years to set up programs to help struggling families.

New Jersey Democrat Bob Menendez says his talks with Senator Bernie Sanders about an income cap for a state and local tax deduction are in trouble.

Democratic Senator Joe Manchin said Monday he won’t commit yet to Senate Majority Leader Chuck Schumer’s timetable for moving ahead on President Joe Biden’s nearly $2 trillion tax and spending bill before the end of the year.

Getting President Joe Biden’s economic plan through the Senate before the end of the year is a top priority for Democrats.