President Trump paid no federal income tax in 10 of the past 15 years, and just $750 in 2016 and 2017, according to a new report from the New York Times. He also is reported to have hundreds of millions of dollars in outstanding debts, most of which would come due during a second term.
Axios Re:Cap focuses on what is and isn't surprising about the revelations, plus how real estate developers are taxed, with Francine McKenna, an independent financial journalist and certified public accountant.
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California lawmakers on Thursday approved a state-funded guaranteed income plan to distribute $35 million in monthly cash payments to eligible pregnant people and young adults who recently left foster care.
Why it matters: California is the first state to approve such a program. It could serve as a template for other state governments as guaranteed income gains traction across the U.S.
Africa may have to wait until the second quarter of 2021 to roll out vaccines, Africa CDC director John Nkengasong said Thursday, according to the Associated Press.
Why it matters: “I have seen how Africa is neglected when drugs are available,” Nkengasong said.
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