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#TrumpTaxCuts Trump Proposes Substantial Federal Tax Cuts, Claims Tariffs Will Replace Income Taxes President Donald Trump has doubled down on his proposal to cut or even eliminate federal income taxes, claiming that tariffs will replace the current tax system. In a post on Truth Social, Trump suggested that income taxes for individuals earning less than $200,000 could be “substantially reduced” or entirely wiped out once his tariff policies are fully implemented. This idea comes after he signed an executive order earlier this month imposing a 10% tariff on most imported goods, with countries like China facing tariffs up to 145%. Trump’s plan involves replacing federal income taxes with revenue from tariffs, similar to the economic model seen during the Gilded Age, when there was no permanent federal income tax. “It will be a BONANZA FOR AMERICA!!! THE EXTERNAL REVENUE SERVICE IS HAPPENING!!!” Trump wrote, adding that his policy would also create jobs. He has suggested that this system would not only reduce income taxes but also benefit the American economy by increasing disposable income, potentially boosting investment. However, the plan has faced significant skepticism from economists. A study from the Council on Foreign Relations found that the tariff revenue would likely fall short of replacing income taxes for Americans earning less than $150,000. The study estimates that tax revenue from this group totals $576 billion, but tariff revenues would be about $65 billion short of covering this. Even White House trade adviser Peter Navarro’s claim that tariffs could bring in up to $600 billion annually has been questioned by experts like Mark Zandi, chief economist at Moody’s, who believes the actual revenue could range from $100 billion to $200 billion.Trump has been pushing this tariff-driven tax replacement idea since his 2024 campaign, where he first mentioned eliminating the federal income tax. He has cited the economic prosperity of the U.S. during the pre-income tax era as a model for his proposal.

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#XRPETF #XRPETF | Brazil Launches First Spot XRP ETF On April 25, 2025, Brazil’s B3 exchange launched XRPH11, the world’s first spot XRP ETF. Managed by Hashdex and Genial Investimentos, XRPH11 tracks the Nasdaq XRP Reference Price, offering investors direct XRP exposure without needing to hold the asset. U.S. XRP ETF Applications and SEC Updates In the U.S., nine firms — including Bitwise, Grayscale, Canary, and 21Shares — have filed for XRP ETFs, with key approval windows between May and December 2025. ProShares also updated its application for a futures-based XRP ETF, signalling potential movement soon. XRP Price Outlook Boosted by Brazil’s launch and U.S. developments, XRP trades at $2.17 as of April 27, 2025, with further gains expected if ETF approvals advance.

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$XRP The long-awaited XRP ETF approval could catapult Ripple's XRP token to new heights in 2025! * Expected launch: Q2-Q3 2025 * Price prediction: $3-$5 range * Catalysts: SEC approval, growing adoption, and DeFi integration * Risks: Regulatory uncertainty, market volatility Investors are bullish – are you ready to ride the wave? $XRP

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#xrpetf XRP News Today: Will XRP Hit $5? ETFs and SEC Settlement in the Spotlight Key Points: #XRPRealityCheck RP gained 0.42% on April 26 to close at $2.1916, mirroring a broader crypto market cap rise to $2.92 trillion. ProShares to launch three XRP Futures ETFs on April 30, boosting investor interest in XRP exposure. XRP-spot ETF approvals may hinge on SEC appeal withdrawal and a favorable Ripple case settlement. ProShares XRP ETFs Set to Launch Amid Legal Breakthroughs Investors brace for a potential game-changer in the XRP market. On Saturday, April 26, XRP gained 0.42%, partially reversing Friday’s 1.03% loss to close at $2.1916. The token mirrored the broader crypto market, which rose 0.31%, bringing the total market cap to $2.92 trillion. XRP ETF-related news bolstered XRP demand. ProShares is set to launch its three XRP Futures ETFs on Wednesday, April 30. The ETFs, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, will offer investors exposure to XRP price trends without holding the token directly.

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#XRPETF ProShares XRP ETFs Set to Launch Amid Legal Breakthroughs Investors brace for a potential game-changer in the XRP market. On Saturday, April 26, XRP gained 0.42%, partially reversing Friday’s 1.03% loss to close at $2.1916. The token mirrored the broader crypto market, which rose 0.31%, bringing the total market cap to $2.92 trillion. XRP ETF-related news bolstered XRP demand. ProShares is set to launch its three XRP Futures ETFs on Wednesday, April 30. The ETFs, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, will offer investors exposure to XRP price trends without holding the token directly. Key Points: XRP gained 0.42% on April 26 to close at $2.1916, mirroring a broader crypto market cap rise to $2.92 trillion. ProShares to launch three XRP Futures ETFs on April 30, boosting investor interest in XRP exposure. XRP-spot ETF approvals may hinge on SEC appeal withdrawal and a favourable Ripple case settlement.

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