#TrumpTaxCuts
š„ Crypto & Capital Markets on Alert š„
President Trump is pushing to make the 2017 tax cuts permanent, with new breaks for manufacturers and auto loans. But the $4.5T price tag has Republicans scrambling to find $2T in spending cutsātargeting Medicaid and green energy credits. ļæ¼ ļæ¼
Trump also floated eliminating income taxes for Americans earning under $200K, funded by tariffs. Analysts warn this could worsen the deficit and raise interest rates. ļæ¼ ļæ¼
Meanwhile, Trump signed a bill overturning the IRSās expanded crypto broker rule, easing regulations for decentralized exchanges. ļæ¼
š Markets are reacting: Bitcoin is trading at $95,358, up 1.6%. Ethereum is at $1,809, up 0.6%.
š¬ The #TrumpTaxCuts could reshape the economy and crypto landscape. Stay informed and ahead of the curve.
š Follow for more insights: CrownedTrader
