That's right, if you want to tax, it will be taxed.
Binance Square Official
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According to Jinshi Data, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports. He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy. The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks. 💬 Do you think these policies will boost markets, or trigger more global volatility? How do you see this impacting crypto and broader risk assets?
👉 Create a post with #TrumpTariffs or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Activity period: 2025-05-14 06:00 (UTC) to 2025-05-15 06:00 (UTC) Points rewards are first-come, first-served, so be sure to claim your points daily!
Brics, except for China, the other countries are all poor and declining.
Alex1i9
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Saudi Arabia Withdraws from BRICS, Inks $600 Billion Strategic Pact with the U.S.
In a dramatic geopolitical turn, Saudi Arabia has reportedly stepped away from the BRICS alliance—comprised of Brazil, Russia, India, China, and South Africa.
Instead, the Kingdom has forged a massive \$600 billion strategic agreement with the United States, marking a significant shift in international alliances.
This new alignment hints at Saudi Arabia’s pivot back towards Western influence, even as BRICS pushes forward with efforts to reduce reliance on the U.S. dollar by promoting local currencies and exploring the creation of a new global reserve currency.
The wide-ranging U.S.-Saudi deal is expected to touch on sectors such as trade, defense, energy, technology, and finance.
This unexpected move is set to ripple across global power dynamics, potentially undermining BRICS' vision of a more balanced, multipolar world order.
Escape from the socialist government. Small and large entrepreneurs, adopt Bitcoin (or other cryptocurrencies) as a payment method. Evade taxes whenever possible. #Brazil
Saudi Arabia has just undermined the Russian economy
Saudi Arabia, by leading OPEC+, has adopted a strategy that has shaken the Russian economy by increasing oil production, driving prices down to around $60 per barrel — the lowest value in four years.
Officially, the measure aims to contain members that exceeded their production quotas, such as Iraq and Kazakhstan, but analysts suggest broader geopolitical objectives. The drop in prices hits Russia hard, whose economy heavily relies on oil and gas exports, accounting for about one-third of the government budget.
With the war in Ukraine and more than 16,000 economic sanctions in place, Russia is already facing significant difficulties and now finds itself even more pressured. To maintain the state apparatus and the military effort, the country has resorted to its sovereign fund, which has already shrunk by 25% since the beginning of the conflict.
Historically, this tactic resembles the 1980s when Saudi Arabia, with U.S. support, also brought down oil prices, causing billion-dollar losses to the Soviet Union, contributing to its collapse.
Today, the Russian situation is even more delicate: with high inflation, ruble devaluation, and scarcity of imported products, the direct impact falls on the population. Even while maintaining diplomatic relations with Moscow, Saudi Arabia remains dependent on the U.S. in terms of security, and its maneuver indirectly benefits the West, without direct military involvement.
With an already weakened economy and a hostile international scenario, the lingering question is how long Russia will be able to sustain its war and internal stability. This silent offensive in the oil market could be decisive in redefining global power.
Perhaps it is the ideal moment for Brazil to stop just watching from the sidelines and start playing. Take advantage of the winds of chaos to close new energy partnerships, review agreements, and, who knows, even give some relief to the consumer's wallet.
Brazil and the absurd weight of taxes: until when?
The image lays bare a reality that Brazilians feel in their pockets every day: we pay one of the highest tax burdens in the world on consumer goods. Cell phones, computers, cars, chocolate — even the basic food basket — are taxed absurdly. While in countries like the United States the tax is around 7%, in Brazil it can reach 40%.
This tax policy penalizes those who need it most. Instead of taxing large fortunes or excessive profits, the Brazilian system weighs heavily on consumption, that is, it primarily affects the poorest. It is an unfair, inefficient, and cruel model.
And what does the government do in response? Very little. Despite promises of tax reform, what we see are empty speeches and a costly, inefficient public machine sustained at the expense of the population's sacrifice. The current government of Lula, like the previous ones, has not changed this perverse logic — on the contrary, it continues to maintain privileges while the people foot the bill.
It is not a matter of ideology, but of justice. Brazil urgently needs a tax system that encourages development, alleviates the burden on the poorest, and firmly taxes those who can truly contribute more.
♦️Only three nations—China, Japan, and Germany—surpass the U.S. state of California in economic strength. 🔹Put simply, if California were its own country, it would rank as the world’s fifth-largest economy.
China Resurfaces 158 km of Highway Using Only Robots and Drones
China has made history by completing the world’s first fully unmanned highway resurfacing project, covering 157.79 km of the Beijing-Hong Kong-Macao Expressway.
This groundbreaking achievement highlights major advances in intelligent infrastructure, demonstrating how AI, drones, and autonomous machinery are reshaping road construction. It sets a new benchmark for efficiency, quality, and safety, moving the industry closer to construction with minimal human involvement.
China to Launch World's First Flying Taxis. Authorities in China have issued the first permits for autonomous passenger drones, paving the way for the use of flying taxi services.
China has officially approved autonomous flying taxis for commercial use, marking a significant step in its low-altitude economy. The Civil Aviation Administration of China (CAAC) has granted air operator certificates to EHang Holdings and Hefei Hey Airlines, allowing them to operate passenger drones for urban sightseeing tours, the South China Morning Post (SCMP) reported.
Democratic senator, a liberal waste, nothing special. The show goes on.
Cirino ID 842517138
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Bullish
#Binance 🚨LATEST NEWS🚨 ATTENTION: US Senator calls for impeachment of Trump and cites dinner linked to memecoin!📝📊📄📈😎🤔
The US president plans to host a private dinner for the 220 largest holders of his memecoin TRUMP.
US Senator Jon Ossoff expressed support for the impeachment of President Donald Trump during a public meeting on April 25, citing the president's plan to organize a private dinner for the top holders of Trump’s official memecoins.
"I mean, I saw just 48 hours ago that he is granting access to people who buy his memecoin," Ossoff, a Democrat, said according to a report by NBC News.
"When the sitting president of the United States is selling access in exchange for payments that, in practice, are made directly to him, there is no doubt that this amounts to a crime that could lead to impeachment."
Senator Ossoff said he "strongly" supports the impeachment process during a public hearing in the state of Georgia, where he is running for reelection to the Senate.
The senator added that impeachment is unlikely unless the Democratic Party gains control of Congress during the US midterm elections in 2026. Trump’s own Republican Party currently holds a majority in the House of Representatives and the Senate. #EUA #TRUMP #MEMECOİN