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Trump's Tax Bill Faces Setback in House Subcommittee!!!!
According to BlockBeats, market reports indicate that U.S. President Donald Trump's tax bill has encountered a setback in the House subcommittee.
The failure to pass the bill is attributed to disagreements within the Republican Party regarding cost issues.
#TRUMP
#US
#tax
#TradeSmartly
#SmartTraderLali
According to BlockBeats, market reports indicate that U.S. President Donald Trump's tax bill has encountered a setback in the House subcommittee.
The failure to pass the bill is attributed to disagreements within the Republican Party regarding cost issues.
#TRUMP
#US
#tax
#TradeSmartly
#SmartTraderLali
🤯🤑The Crazy Window Tax Story You’ve Never Heard Of 🪟💰
To tax the wealthy without directly asking how much they earned, 🏴 England (in 1696) introduced a tax based on the number of windows in a house. 🪟🏰
💰 Rich people had big houses with many windows—easy target. 🎯
But it backfired: people started bricking up their windows to avoid the tax 🧱🚫, leading to dark, unhealthy homes. 🌑😷
Some of these bricked-up windows can still be seen today. 👀🏚️
#tax $BTC
To tax the wealthy without directly asking how much they earned, 🏴 England (in 1696) introduced a tax based on the number of windows in a house. 🪟🏰
💰 Rich people had big houses with many windows—easy target. 🎯
But it backfired: people started bricking up their windows to avoid the tax 🧱🚫, leading to dark, unhealthy homes. 🌑😷
Some of these bricked-up windows can still be seen today. 👀🏚️
#tax $BTC
Rivsx:
Та можно ж не только сериалы смотреть а и учебники читать 😀
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HOT: US - China reduce reciprocal tax by 115%
After talks last weekend, the US and China agreed to suspend further tariffs for 90 days.
US reduces import tax from 145% → 30%
China reduced from 125% → 10%
The two sides have reduced their total reciprocal taxes by 115%, opening up opportunities to "cool down" trade tensions and bringing many benefits to the cryptocurrency market:
Investor sentiment improves – Tensions cool down, money flows back to risky assets like crypto.
US reduces import tax from 145% → 30%
China reduced from 125% → 10%
The two sides have reduced their total reciprocal taxes by 115%, opening up opportunities to "cool down" trade tensions and bringing many benefits to the cryptocurrency market:
Investor sentiment improves – Tensions cool down, money flows back to risky assets like crypto.
See original
💫 President Trump: Ready to Slightly Raise Taxes on the Rich, But Warns of Political Backlash
In a recent post, Trump stated that he and other wealthy individuals are willing to accept a small tax increase to support low- and middle-income earners. However, he warned that the progressive Democrats would exploit this to attack him, similar to how they criticized President George H. W. Bush with the phrase "Read my lips."
While not encouraging the Republican Party to raise taxes, Trump made it clear: "I’m fine if they do."
#DonaldTrump #tax
In a recent post, Trump stated that he and other wealthy individuals are willing to accept a small tax increase to support low- and middle-income earners. However, he warned that the progressive Democrats would exploit this to attack him, similar to how they criticized President George H. W. Bush with the phrase "Read my lips."
While not encouraging the Republican Party to raise taxes, Trump made it clear: "I’m fine if they do."
#DonaldTrump #tax
🚨TRUMP PUSHES GOP TO #TAX THE #RICH IN SURPRISE POLICY PIVOT
Trump urged Speaker Mike Johnson to:
🔹#Raise top tax rate to 39.6% for incomes $2.5M+ (individuals) or $5M+ (couples)
🔹Close carried interest loophole for fund managers
🔹Aims to fund middle-class tax cuts, defense, and Medicaid while extending 2017 tax cuts
🔹Marked reversal from Trump’s prior stance opposing tax hikes on millionaires
🔹GOP House leaders now reassessing options amid budget shortfalls
-Wall street Journal NBC News, May 9, 2025
$ETH $BTC $XRP
Trump urged Speaker Mike Johnson to:
🔹#Raise top tax rate to 39.6% for incomes $2.5M+ (individuals) or $5M+ (couples)
🔹Close carried interest loophole for fund managers
🔹Aims to fund middle-class tax cuts, defense, and Medicaid while extending 2017 tax cuts
🔹Marked reversal from Trump’s prior stance opposing tax hikes on millionaires
🔹GOP House leaders now reassessing options amid budget shortfalls
-Wall street Journal NBC News, May 9, 2025
$ETH $BTC $XRP
🚨🇺🇸 TRUMP: THE BIGGEST TAX CUTS IN AMERICAN HISTORY
“These will be the biggest tax cuts in American history, with 100% expensing — which is something that people cannot believe they’re getting.
There’ll be no tax on tips, no tax on overtime, and no tax for the great seniors on Social Security."
“These will be the biggest tax cuts in American history, with 100% expensing — which is something that people cannot believe they’re getting.
There’ll be no tax on tips, no tax on overtime, and no tax for the great seniors on Social Security."
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Who can tell me if it is possible to obtain something for the #declaracion from #tax of the movements of #año 2024 to make the declarations in the United States.
$SOL - The Rapid Riser at $151.01 !
Trading volume on decentralized exchanges (DEXes) within the Solana (SOL) blockchain has surged, exceeding $2 billion for four consecutive days, reaching a record-breaking $2.85 billion on March 5, marking a remarkable 153% increase over the past week.
$XRP getting back in game at $ 0.6903 as well which is a 10.22% increase from the previous mark.
These surges will keep on going, but to keep a track on your returns and calculate your taxes on your gains is definitely something to keep an eye on for sure in the tax season.
To Calculate your taxes today, check our website.
https://kryptos.io/
Let us know about your views below.
#CryptocurrencyAnalysis #tax #HOTTRENDS
#ripple #SolanaSurges
Trading volume on decentralized exchanges (DEXes) within the Solana (SOL) blockchain has surged, exceeding $2 billion for four consecutive days, reaching a record-breaking $2.85 billion on March 5, marking a remarkable 153% increase over the past week.
$XRP getting back in game at $ 0.6903 as well which is a 10.22% increase from the previous mark.
These surges will keep on going, but to keep a track on your returns and calculate your taxes on your gains is definitely something to keep an eye on for sure in the tax season.
To Calculate your taxes today, check our website.
https://kryptos.io/
Let us know about your views below.
#CryptocurrencyAnalysis #tax #HOTTRENDS
#ripple #SolanaSurges
"Interesting Find in the Binance App: MY TAX"
While exploring the Binance app, I came across an intriguing button called "MY TAX". Clicking on it led me to an FAQ section about tax regulations in Italy.
According to a new law, Italian residents are required to pay a stamp duty of 0.2% on the cryptocurrency they hold, even if they don’t generate any income from it.
The good news in this. Binance provides assistance with tax compliance and bureaucracy. For now, this tax applies only to Italy.
What do you think—will similar laws be implemented across Europe or even globally? Share your thoughts and let us know about the tax regulations in your country.
Also, would you be interested in a post detailing crypto tax laws across different countries, starting with Europe?
#Tax #AltcoinBoom #DollarRally110
While exploring the Binance app, I came across an intriguing button called "MY TAX". Clicking on it led me to an FAQ section about tax regulations in Italy.
According to a new law, Italian residents are required to pay a stamp duty of 0.2% on the cryptocurrency they hold, even if they don’t generate any income from it.
The good news in this. Binance provides assistance with tax compliance and bureaucracy. For now, this tax applies only to Italy.
What do you think—will similar laws be implemented across Europe or even globally? Share your thoughts and let us know about the tax regulations in your country.
Also, would you be interested in a post detailing crypto tax laws across different countries, starting with Europe?
#Tax #AltcoinBoom #DollarRally110
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Why did the market recover after the news that Mr. Trump postponed tariffs with Mexico?
The President of Mexico announced that President Trump agreed to postpone tariffs for one month after discussions between the two sides. In return, Mexico will:
Deployment of 10,000 National Guard soldiers to assist in border protection.
Cooperate with the U.S. on security and business initiatives.
Mexico chose to cooperate instead of confront the Trump administration. The market reacted positively and recovered after this information.
Deployment of 10,000 National Guard soldiers to assist in border protection.
Cooperate with the U.S. on security and business initiatives.
Mexico chose to cooperate instead of confront the Trump administration. The market reacted positively and recovered after this information.
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Is the State evil?
Here's the reasoning in summary, read this at least once.
The Federal Revenue, the State, the system, whatever you want to consider, are people that form a legal entity, basically.
There is no group coexistence without rules, rights and obligations, therefore, there is no life without the State, our most modern form of social organization.
Taxes are demonized by people, and there is a reason for this, it is indisputable, after all we pay high taxes (they are not the highest in the world, but they are high) and we do not get an adequate return, and this is another problem.
The Federal Revenue, the State, the system, whatever you want to consider, are people that form a legal entity, basically.
There is no group coexistence without rules, rights and obligations, therefore, there is no life without the State, our most modern form of social organization.
Taxes are demonized by people, and there is a reason for this, it is indisputable, after all we pay high taxes (they are not the highest in the world, but they are high) and we do not get an adequate return, and this is another problem.
In the Indian tax system, can crypto futures losses be set off against crypto futures profits? (while filing tax)
What's your view..??
#Binance #CryptoTaxation #tax #BTC #ETH
What's your view..??
#Binance #CryptoTaxation #tax #BTC #ETH
🚨 NEW: India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act.
#BreakingCryptoNews #india #tax
#BreakingCryptoNews #india #tax
𝗝𝘂𝗻𝗲 𝟭𝟴, 𝟮𝟬𝟮𝟰
👉📊 Nvidia $NVDA has surpassed Microsoft $MSFT and Apple $AAPL to take over as the largest holding in the NASDAQ 100 $QQQ.
👉BlackRock CEO Larry Fink on National Debt:
"No matter how much we #tax , how much we cut or reduce that debt, it will not be enough. This is why building new infrastructure is critical."
👉The US Treasury estimates net interest costs on federal debt will hit a record $890 billion in 2024. This would be $331 billion higher than a year ago and almost double the amount from 2022.
👉📊 Roaring Kitty is now the 4th largest shareholder of GameStop with over 9 MILLION shares.
👉📊 Nvidia $NVDA has surpassed Microsoft $MSFT and Apple $AAPL to take over as the largest holding in the NASDAQ 100 $QQQ.
👉BlackRock CEO Larry Fink on National Debt:
"No matter how much we #tax , how much we cut or reduce that debt, it will not be enough. This is why building new infrastructure is critical."
👉The US Treasury estimates net interest costs on federal debt will hit a record $890 billion in 2024. This would be $331 billion higher than a year ago and almost double the amount from 2022.
👉📊 Roaring Kitty is now the 4th largest shareholder of GameStop with over 9 MILLION shares.
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Cryptocurrency market rebounds as Trump suspends tariffs on Canada and Mexico
Both Canada and Mexico have agreed to implement policies to curb illegal drug trafficking and immigration into the United States after a phone call with U.S. President Donald Trump.
The cryptocurrency market rebounded strongly after U.S. President Donald Trump agreed to temporarily suspend the proposed tariffs on Canada and Mexico while negotiations with these countries continue.
In a statement on February 3 on X, Canadian Prime Minister Justin Trudeau stated that he spoke with Trump and that the tariffs would be suspended for at least 30 days while the two countries work together.
Trudeau mentioned that Canada would enhance "coordination with U.S. partners, implementing a $1.3 billion border plan that includes strengthening the appointment of a Fentanyl Czar, designating gangs as terrorists, and bolstering the U.S.-Canada border with helicopters and more personal measures.
Mexico's tariffs have also been suspended for a month. Mexican President Claudia Sheinbaum stated in a February 3 statement on X that the two leaders had "reached a series of agreements," with similar promises regarding strengthening the shared land border between the two countries.
"Our teams will start working today on two fronts: security and trade. They will suspend tariffs for a month from now," Sheinbaum said.
#DonaldTrump #Tax
Both Canada and Mexico have agreed to implement policies to curb illegal drug trafficking and immigration into the United States after a phone call with U.S. President Donald Trump.
The cryptocurrency market rebounded strongly after U.S. President Donald Trump agreed to temporarily suspend the proposed tariffs on Canada and Mexico while negotiations with these countries continue.
In a statement on February 3 on X, Canadian Prime Minister Justin Trudeau stated that he spoke with Trump and that the tariffs would be suspended for at least 30 days while the two countries work together.
Trudeau mentioned that Canada would enhance "coordination with U.S. partners, implementing a $1.3 billion border plan that includes strengthening the appointment of a Fentanyl Czar, designating gangs as terrorists, and bolstering the U.S.-Canada border with helicopters and more personal measures.
Mexico's tariffs have also been suspended for a month. Mexican President Claudia Sheinbaum stated in a February 3 statement on X that the two leaders had "reached a series of agreements," with similar promises regarding strengthening the shared land border between the two countries.
"Our teams will start working today on two fronts: security and trade. They will suspend tariffs for a month from now," Sheinbaum said.
#DonaldTrump #Tax
🚨🇺🇸 NEW BILL TARGETS PUERTO RICO'S CRYPTO TAX LOOPHOLE
🔹Rep. Nydia Velázquez (D-NY) introduces the Fair Taxation of Digital Assets in Puerto Rico Act
🔹Would end federal tax exemptions for crypto staking, mining & trading income on the island
🔹Current law lets U.S. investors avoid federal taxes by residing in Puerto Rico for 6+ months
🔹Estimated $4.5B in lost revenue (2020–2026) due to crypto-related tax breaks
🔹Velázquez: “It’s about fairness… you should be paying your share — no matter your zip code”
🔹Follows her 2024 UPROAR Act targeting broader tax loopholes for wealthy mainlanders
#CryptoTax #PuertoRico #DigitalAssets #CryptoRegulation #Congress
-The Block$ETH $BTC
🔹Rep. Nydia Velázquez (D-NY) introduces the Fair Taxation of Digital Assets in Puerto Rico Act
🔹Would end federal tax exemptions for crypto staking, mining & trading income on the island
🔹Current law lets U.S. investors avoid federal taxes by residing in Puerto Rico for 6+ months
🔹Estimated $4.5B in lost revenue (2020–2026) due to crypto-related tax breaks
🔹Velázquez: “It’s about fairness… you should be paying your share — no matter your zip code”
🔹Follows her 2024 UPROAR Act targeting broader tax loopholes for wealthy mainlanders
#CryptoTax #PuertoRico #DigitalAssets #CryptoRegulation #Congress
-The Block$ETH $BTC
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