President Trump’s new tax proposal aims to support the middle class and close tax loopholes benefiting the ultra-wealthy, such as hedge fund managers. The plan aims to eliminate taxes on tips, Social Security benefits, and overtime pay to ease financial burdens on service workers, retirees, and those working extra hours. It also proposes closing the carried interest loophole and cutting the corporate tax rate to 15% for domestic manufacturing. Critics warn it could raise the federal deficit and reduce funding for essential services. A controversial change is the adjustment to the SALT deduction cap, which opponents argue benefits the wealthy, while supporters say it will stimulate economic growth
Related Posts
Debut of Melania Film Takes Place at Recently Renamed Trump Kennedy Center
Melania Trump’s new documentary is set to premiere later this month at the Kennedy Center in Washington, DC. The screening will take place at the venue recently…
My daughter cut the car’s brake lines. When the car skidded off the cliff, we
As I lay there, hidden beneath the shroud of a stretcher, my mind raced with the chaos of betrayal and bewilderment. Everything felt surreal, as if I…
Stop Tossing Silica Gel Packets: How They Can Protect Your Belongings
Brilliant Ways to Use Silica Gel Packets Around Your Home Silica gel packets often come tucked inside packaging—from new shoes to electronics. Most people toss them without…
Singer’s Sudden Passing After Island Flight Incident Shocks Fans Worldwide
A tragic aviation accident occurred off the coast of Honduras, leaving the country in mourning and drawing international attention. Shortly after takeoff from Roatán Island on Monday,…
New information has emerged about that tragic day, revealing that the ICE agent who shot Renee Good suffered internal bleeding.
ICE Agent Hospitalized After Minneapolis Shooting The ICE agent who fatally shot Renee Good in Minneapolis last week was quietly hospitalized with internal bleeding. This shocking detail…
Is Cleaning Lobster a Must? The Truth About Tomalley and Proper Preparation
Is Cleaning Lobster a Must? The Tomalley Debate Explained Lobster is a prized delicacy. It signals celebration, fine dining, and special moments. However, great lobster starts long…