Economic Impact - Tariffs are characterized as a substantial tax burden on both households and businesses [1] - The implementation of tariffs is negatively impacting consumer spending [1] - Tariffs are hindering job growth [1]

Tax Regulation - The loss disallowance rule restricts a corporation's ability to deduct losses from a subsidiary for tax purposes [1]

Crypto Tax Revenue in Indonesia - Indonesia's crypto tax revenue increased from IDR 246 亿 (billion) in 2022 to IDR 620 亿 (billion) in 2024 [1] - Crypto tax revenue experienced a dip to IDR 220 亿 (billion) in 2023 [1] - Year-to-date crypto tax revenue for 2025 has reached IDR 115 亿 (billion) [1] Market Factors - Crypto tax income is highly volatile and closely tied to market conditions [1]

Fiscal Policy - Poland's Donald Tusk abandons a costly election promise to increase tax-free personal income [1] - The decision is driven by budget strains due to higher defense spending [1]

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Regulatory Changes - Indonesia will raise crypto transaction tax rates starting August 1 [1] - Domestic exchange sellers will pay 0.21% transaction tax, up from 0.1% [1] - Overseas exchange sellers will pay 1% transaction tax, up from 0.2% [1]

According to Reuters, Indonesia's Ministry of Finance has announced that starting August 1, the tax rate on cryptocurrency transactions will be raised, with the rate for sellers on domestic platforms increasing from 0.1% to 0.21%, and the rate for sellers on overseas platforms rising from 0.2% to 1%. The value-added tax (VAT) on cryptocurrency mining will also increase from 1.1% to 2.2%. https://t.co/SsrNWDGipn ...

Government & Policy - Chicago Mayor Brandon Johnson is considering reviving a tax on corporations to help raise revenue and balance the city's budget [1]

Qualifying investments are purchased with pretax income and are not taxed until the investor withdraws them. https://t.co/eVByjuj8yH ...