By expanding the jobs that qualify for no taxes on tips, the Trump administration is creating unexpected winners among OnlyFans creators and influencers https://t.co/MA22CJkzGv ...

Legal & Financial Implications - James Wynn's UK bank accounts have been frozen without explanation [1] - The frozen accounts were used to pay millions in taxes [1]

Government Debt and Fiscal Policy - Global government borrowing is increasing due to spending exceeding revenue [1] - The US debt situation, while concerning, appears less critical compared to countries like France due to the US having more flexibility [2] - Rising US government borrowing costs are consuming an increasing portion of the budget, exceeding Medicare and defense spending [7] - A potential government shutdown is particularly thorny due to rising borrowing costs and potentially lower revenue from tariffs [6][7] Economic Impact and Risks - A French debt crisis could have a significant impact, potentially dwarfing the Greek debt crisis, which almost shut down European banks [3] - The UK faces potential currency risks due to not having the world's reserve currency, exemplified by the dramatic drop in the pound [3] - Cutting pensions, as seen in the Greek debt crisis where pensions were cut by 30% (from €1,500 to €1,000 per month), is a politically sensitive issue [5] Potential Solutions and Considerations - Addressing the fiscal situation requires either cutting spending or printing money, both of which have drawbacks [6] - Growing the economy is a potential solution, and the US is in a better position than many other countries to grow its way out of debt [12] - Higher taxes, including middle-class tax hikes, may be necessary if spending is not addressed [9][10] - Cutting mandated benefits like Social Security is a politically difficult but potentially necessary option in a worst-case scenario [11]

UK Deputy Prime Minister Angela Rayner admits she underpaid taxes on a property purchase and said she was referring herself to the government’s standards watchdog https://t.co/QMI4QeNA3X ...

The White House said that dozens of job categories — including waiters, cosmetologists, golf caddies, event DJs and dancers — won’t have to pay taxes on the tips they earn https://t.co/S8CDCuGXPO ...

So, House Republicans have one last holiday weekend before they head back to Washington on Tuesday. But returning to the Capitol may be a relief after getting an earful from constituents at home this week on everything from immigration, healthc care, taxes, and more. Voters speaking out at a ribbon cutting in Maine and at Ohio and Alabama town hall.So, let's take a listen. answer the question in power. >> Trump is doing a great job of securing our citizen and a nonitizen >> false shame.Shame Wow. Megan Haye ...

Jeffrey Epstein made his money helping billionaires pay less taxes and potentially shadier dealings. https://t.co/dc1eJRsVWl ...

Tariffs & Trade Policy - A federal appeals court ruled that most of President Trump's tariffs are illegal, stating the president misused his authority under an emergency power statute, arguing only Congress has the authority to apply such a sweeping measure [1][2] - The Trump administration is likely to appeal this ruling to the US Supreme Court, and the tariffs will remain in place during the legal process [2] - The International Emergency Economic Powers Act (IEEPA) of 1977 is central to the legal debate [8] - The court's decision has been stayed, allowing the Supreme Court time to consider the matter thoroughly [7] - Trump responded that all tariffs are still in effect and incorrectly stated that a highly partisan appeals court said tariffs should be removed [9] Political & Economic Impact - Tariffs are considered taxes on Americans, disproportionately affecting the working class, making them unpopular even among Trump's supporters [10][11] - The more Trump focuses on tariffs, the weaker his economic support becomes, posing a political problem for him [12] - The Democrats should focus on issues that are angering people and keep hammering on it [24] Congressional Dynamics - Republicans in Congress are unlikely to reclaim tariff powers ceded to the executive branch [13][14] - Voters disapprove of Trump's handling of the economy, trade, and other key issues [21] Public Sentiment & Elections - There is significant anger among Americans towards members of Congress, potentially impacting election outcomes [19][20] - Public appearances by Republicans have been met with booing and heckling, reflecting widespread discontent [15][16]

The combination of lower inflation, interest rates and taxes will boost consumption in India. That will help compensate for the hit its economy takes from American tariffs https://t.co/VQ3Kcgz8b9 ...

Colombian lawmakers will take the unconventional step of raising taxes right before an election since only wealthy voters will be affected https://t.co/EK6cD4s1sM ...