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A new concept for reparations might cost taxpayers $14 trillion

Economics lecturer William Darity at Duke University is demanding $350,000 in reparations for all black Americans who are descended from slaves. The anticipated cost for Darity’s suggested restitution is $14 trillion. On Tuesday, he made the suggestion known when talking on Dr. Phil. The payment of reparations to black Americans whose forefathers were held as…

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Student debt

Judge Rules in Favor of Biden Administration and Transfers Lawsuit on Student-Debt Relief to Different Court

Federal Judge Mark Pittman, a Trump-appointed judge in the Northern District of Texas, has transferred a lawsuit challenging a student-debt rule from his court to another court in the Western District of Texas. Federal Judge Transfers the Lawsuit to Cancel Student Debt The Career Colleges and Schools of Texas filed a lawsuit in Pittman’s court…

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Income tax

Democratic Lawmakers and Patriotic Millionaires Call for 90% Income Tax on Incomes Above $100 Million to Narrow Wealth Gap

A group of Democratic lawmakers and the Patriotic Millionaires, an organization of high-income individuals who favor higher taxes on the wealthy, are calling for the implementation of a 90% income tax on all earnings above $100 million. A Proposal to Implement Higher Income Tax This proposal comes amidst growing fears of a recession. Abigail Disney,…

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SNAP Benefits

Iowa House Approves Bill to Require New Identity Verification and Asset Tests for Food Assistance Recipients

The Iowa House of Representatives has passed a new bill requiring new asset tests and regular eligibility checks for all public assistance recipients, including those who receive food assistance benefits. New Bill is Now on the Governor’s Desk The bill had already been passed by the Senate in March, meaning it now only requires the…

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Fingerprints Scanned Without Permission? Eligible Illinois Donors Can Claim Settlement Payout

A settlement worth $16.75 million has been reached in a lawsuit brought against Biomat USA, Talecris Plasma, and Interstate Blood Bank over allegations that the Illinois-based blood plasma centers violated the Illinois Biometric Information Privacy Act (BIPA) by scanning the fingerprints of individuals without their permission. Blood Plasma Centers’ Settlement The blood plasma centers, which…

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