Newsom approves full tax on any Californian gaining from Trump’s fund.
California Governor Signs Bill Against Trump Fund California’s Democratic Governor Gavin Newsom has officially acted to counter President Donald Trump’s proposed $1.7 billion fund aimed at, as some say, weaponizing his agenda. On Tuesday, Newsom stated via social media that he signed new legislation taxing 100% of the benefits distributed to Californians from this contentious […]
Gavin Newsom Suggests National Tax on Billionaires and a Fund for AI Development
California Governor Proposes Public Equity Fund Tied to Billionaire Tax and AI California Governor Gavin Newsom has introduced the idea of establishing a “public equity” fund that would utilize a federal tax on billionaires, alongside advancements in artificial intelligence. In a recent Substack post, he discussed his economic strategy, advocating for a national minimum tax […]
‘I’m Not a Nutrition Expert’: Brandon Gill Questions ‘Specialist’ on Why Taxpayers Should Fund People’s Sodas
Texas Lawmaker Questions Use of SNAP for Sugary Drinks On Thursday, Texas Republican Rep. Brandon Gill confronted advocates of the Supplemental Nutrition Assistance Program (SNAP) about the rationale behind taxpayers funding sugary beverages. The House Oversight Subcommittee is looking into issues of waste and fraud within SNAP, a program costing nearly $100 billion that supports […]
Treasury Reports Trump’s Tax Cuts Provided Relief to 35 Million Seniors, Yet the Trust Fund Is Depleting More Quickly.
Tax Changes and Trust Fund Concerns for Seniors Picture a 68-year-old retiree opening their tax return this spring, noticing a several hundred dollar decrease in their bill due to a new senior tax credit. At the same time, there’s a headline announcing the Social Security trust fund is running out faster than expected. It’s a […]
Expert cautions that Trump’s $300B Iran investment fund encounters challenges with sanctions
A proposed $300 billion investment fund for Iran, included in a recent memorandum of understanding between the U.S. and Iran, may encounter significant legal challenges due to existing U.S. sanctions. This has raised doubts about the feasibility of the plan even if both parties reach a final agreement. The memorandum was digitally signed by President […]
Trump administration challenges deadline from Clinton judge regarding anti-weaponization fund.
Justice Department Responds to Judge’s Ultimatum Over Anti-Weaponization Fund The Justice Department has pushed back against a judge’s ultimatum concerning the Anti-Weaponization Fund, labeling it a breach of the separation of powers doctrine. The backdrop involves President Donald Trump, who agreed to withdraw a lawsuit against the IRS, contingent on establishing a $1.8 billion fund […]
The Retirement Fund That Delivers a $10,000 Payment Each Month
Quick Read A monthly income of $10,000 means you would need approximately $3.4 million invested at a 3.5% dividend yield, or just $1.2 million at a 10%. However, aiming for higher yields comes with risks, like decreased distributions and potential loss of principal. If you have a portfolio growing at 3.5% in dividends, your returns […]
Trump’s Iran agreement faces criticism from leading Republican over $300B fund
Republicans Criticize Trump’s Iran Deal Republicans are expressing discontent with President Donald Trump’s agreement with Iran. Although Congress hasn’t yet seen the actual memorandum of understanding (MOU), there are numerous media reports circulating about the details. Senate Armed Services Committee Chairman Roger Wicker (R-Mississippi) has publicly opposed the deal, expressing concern that it undermines the […]
Former governors fund of $20 million from Gavin Newsom removed from budget
California Democrats Abandon Newsom’s $20 Million Legacy Fund California Democrats have quietly removed Governor Gavin Newsom’s contentious $20 million plan to honor living former governors from the state budget. The proposal had faced notable bipartisan criticism, with many labeling it as a vanity project funded by taxpayers. The idea, known as the “Governor’s Legacy” fund, […]
ETF or Mutual Fund: Which Is a Better Option for Your Money in 2026?
ETFs and mutual funds are popular options for investors looking to diversify their portfolios. They both involve pooling money from various investors to buy a collection of assets like stocks or bonds. However, they differ quite significantly in their structures, and these differences can impact returns. In a nutshell, ETFs tend to be more cost-effective, […]