Trump warns of additional tariffs on countries with digital taxes that unfairly target US tech companies
President Trump is offering free passes to Chinese tech firms while simultaneously warning about possible tariffs on countries that implement digital taxes seen as unfavorable to U.S. tech companies. In a passionate post on Truth Social late Monday, Trump stated that these taxes pose significant threats, suggesting they might lead to limitations on freedom of […]
Trump Issues Warning to Nations Regarding Digital Taxes
Trump’s Stance on Digital Taxes and American Tech Companies The Pro Trump News homepage updates with 60 new headings every day. Recently, Donald Trump expressed his concerns regarding attacks on American technology companies in a message to the nation. He mentioned these threats via his platform, suggesting that he would impose significant tariffs on exports […]
Looking to file your taxes at no cost? Public feedback requested as federal program risks being cut.
IRS Asks Oregonians for Input on Free Tax Filing Program Recently, the IRS reached out to Oregonians and taxpayers nationwide, prompting them to think about a significant decision unfolding in Washington, D.C. This relates to the future of a Biden-era initiative that offers taxpayers a chance to file their taxes for free, although there’s a […]
How rich investors utilize ETFs to avoid capital gains taxes. The approach is ‘like magic,’ says the advisor.
Capital Gains and ETF Conversions: What You Need to Know In light of the recent stock market growth, many investors find themselves with significant profits in taxable accounts. This can lead to noticeable capital gains when they decide to sell. This situation is particularly relevant for wealthier Americans, who face a top capital gains rate […]
US maintaining high car tariffs on EU until taxes on American products are reduced as major economies finalize trade agreement
US and EU Trade Developments on Tariffs The United States plans to keep elevated tariffs on European auto manufacturers until the European Union agrees to lower tariffs on American products. Recently, these two major economies found themselves ensnared in ongoing trade agreements that had been obstructed in the previous month. A joint statement was released […]
Commit to Supporting Local Taxes: Assist Parents in Our Community
New Educational Choice for Children Act Offers Tax Benefits The recently passed Educational Choice for Children Act (ECCA) will enable taxpayers across the United States to redirect up to $1,700 of their federal taxes to the Crown Heights Scholarship Fund. Instead of sending this amount to the IRS, it will now support the Registered Scholarship […]
Rep. Marjorie Taylor Greene raises concerns about property taxes and health insurance
Marjorie Taylor Greene Calls for Sweeping Reforms Rep. Marjorie Taylor Greene, a Republican from Georgia, has recently voiced strong opinions on various issues, advocating for the elimination of property taxes and labeling health insurance as a significant “fraud.” In a recent post, she insisted, “We need to completely abolish property taxes. It essentially means the […]
The impact of a $100,000 salary after taxes in each U.S. state
Reaching a six-figure salary is a significant achievement for many people, but how much you actually take home can vary quite a bit depending on your state of residence. A recent analysis by Gobankingrates revealed that a single filer earning $100,000 annually, after applying the standard deductions common in the U.S., would see considerable differences […]
Living cost allowance that can be deducted from taxes might increase by NT$3,000.
Tax Allowance Update in Taiwan Taipei, CNA—On Friday, August 16th, the Bureau of Budget, Accounting and Statistics (DGBAS) indicated that the annual tax-deductible allowance for basic living expenses could rise to $213,000 (approximately US$7,092) for those filing tax returns in 2026. During the 2024 household income and expenditure survey presentation, DGBAS reported a 1.9% increase […]
States increase taxes on the wealthy to address budget deficits and counterbalance federal reductions.
Blue States Prepare to Increase Taxes on Wealthy Residents Several states in the US, particularly blue ones, are gearing up to impose higher taxes on affluent inhabitants. This decision aims to generate additional revenue through various initiatives, one notably labelled the “Taylor Swift Tax.” This development follows the president’s recent signing of the One Big […]