In an effort to close the national wealth gap, seven black owned banks and Major League Soccer (MLS) announced a partnership last month. For the first time in history, MLS will provide a $25 million grant to the National Black Bank Foundation (NBBF). The partnership is described as a commercial financial transaction exclusively for Black […]
President Barack Obama’s proposed budget for 2017 would pour billions into education, clean energy, and Medicaid by increasing taxes on big banks and America’s wealthiest citizens. The $4 trillion proposal includes hundreds of billions of dollars in new taxes on capital gains and a newly imposed “Buffett Rule,” which would require millionaires to pay nearly 30 […]
