Justice Department officials on Thursday said Alphabet Inc.’s (GOOGL) (GOOG) Google destroyed evidence related to an antitrust lawsuit that looks at how the company maintained its internet search dominance. The government asked a federal judge to sanction Google for its former practice of setting employee chats to auto-delete despite the company having told the court it would preserve records required for litigation, according to a report in the Wall Street Journal. A Google spokesperson told the Journal the company disputes the Justice Department’s claims. Read More...
The Fiscal Times
Sanders Pitches Biden on Social Security Rescue Plan
Sen. Bernie Sanders (I-VT) is trying to convince President Joe Biden to embrace a plan that would fully fund Social Security for more than seven decades, as well as raise benefits by $2,400 a year. According to The Washington Post’s Jeff Stein Thursday, Sanders met with Biden late last month to discuss his proposal to raise taxes on investment income and to apply payroll taxes to employment income above $250,000, rather than limiting the tax to the first $160,000 in employment earnings, as under