Jack Dorsey’s company starts a campaign to eliminate crypto taxes on coffee
Changes to Bitcoin Transaction Taxation Proposed Currently, in the U.S., any Bitcoin transaction—yes, even something as small as buying a cup of coffee—is considered taxable if it results in a gain. Cryptocurrency advocacy groups have long pushed for the removal of tax reporting for minor transactions, usually under $50 or $200. They argue this would […]
The five flag theory: how the ultra-wealthy navigate taxes and borders
In the 1960s, financial experts with a liberal approach came up with a strategy that allowed the affluent to operate beyond the control of any one government. Harry Schultz, for instance, claimed he charged clients $2,000 an hour, advising them on obtaining second passports, finding tax shelters, and keeping their wealth offshore. This concept eventually […]
Samuel Peterson: Human Well-being, Carbon Taxes, and the UN
Recently, there’s been a push from unelected officials at the United Nations to reshape the global economy supposedly to combat climate change. In October, the International Maritime Organization (IMO), a UN agency, considered implementing a carbon tax aimed at reducing emissions from transport vessels. This follows their earlier decision to adopt net-zero shipping regulations by […]
Investors profiting from gold’s surge should be aware of increased capital gains taxes: Key points to consider.
Gold Prices Dip as Market Conditions Shift On Tuesday, gold prices fell below $4,000 per ounce once more. This drop comes as the dollar holds firm at a three-month high, along with a decrease in demand for gold. The expectations for a possible interest rate cut by the U.S. in December have lessened, and trade […]
New NYC business group leader criticizes Mamdani’s suggested increase in corporate taxes
The new leader of a major New York City business organization expressed that it would be “completely suicidal” for Governor Kathy Hochul and state lawmakers to approve Mayor-elect Zoran’s suggested corporate tax increase. “This plan is essentially a death blow for New York City and an absolute win for New Jersey,” remarked Jersey Mayor Stephen […]
Minnesota property taxes across the state could increase by nearly $1 billion next year
Potential Increase in Minnesota Property Taxes Property taxes in Minnesota could see a rise of up to $1 billion next year due to levy increases approved by local governments, including counties, cities, school boards, and various taxing districts for 2025. This increase, which will be reflected in payments due in 2026, is linked to rising […]
Three wise year-end actions that might greatly lower your taxes in retirement
Year-End Tax Strategies for Retirement Financial advisors Ryan and Tyson Tucker emphasize that the final quarter of the year presents a crucial chance to potentially lower your overall tax burden in retirement. As the leaders of BOSS Retirement Solutions, they’ve guided over 50,000 families in planning for a more secure retirement. According to them, neglecting […]
Suozzi suggests increasing federal income taxes for New Yorkers and US residents earning $400,000.
Mixed Messages on Taxation from Long Island Rep. Tom Suozzi It seems like Long Island Representative Tom Suozzi wants to navigate a tricky path when it comes to taxation. He identifies as a moderate who’s against socialism, yet he’s advocating for higher taxes on affluent individuals. However, his views don’t quite align with those of […]
Man Who Previously Allowed Ohio to Pay Taxes in Crypto Just Lost $1.2 Million in Bitcoin Options
Josh Mandel’s Bitcoin Options Losses Former Ohio Treasurer Josh Mandel, once seen as a strong advocate for Bitcoin, has revealed that he lost over $1.2 million on call options tied to BlackRock’s iShares Bitcoin Trust (IBIT). This financial misstep came after he boldly predicted that Bitcoin would hit $444,000 by November 8, a forecast that, […]
Abbott Takes a Stand Against Property Taxes, Border Issues, and the Woke Left in Intense 2026 Campaign Kickoff
Texas Governor Launches Fourth-Term Campaign Houston, Texas — Texas Governor Greg Abbott kicked off his campaign for a historic fourth term Sunday night with an assertive re-election announcement. His speech emphasized traditional conservative values and praised President Donald Trump’s approach to border security. Speaking to a lively crowd at the East River 9 Golf Course […]