and its taxpayers have been ripped off for more than 50 years. But it is not going to happen anymore. It's not going to happen.In a few moments, I will sign a historic executive order instituting reciprocal tariffs on countries throughout the world. That was President Trump back in April revealing his plan for reciprocal tariffs on countries around the world on what he called Liberation Day. In Washington today, lawyers will be defending a decision in May against those tariffs.Earlier this year, the US Cour ...

White House Wants Americans to Report, Pay Taxes on Foreign Crypto Accounts► https://t.co/AU8Lh4yxnD https://t.co/AU8Lh4yxnD ...

Indonesia to Hike Crypto Taxes, Target Offshore Platforms With Higher Rates Next Month► https://t.co/9xUnoLeygp https://t.co/9xUnoLeygp ...

RT Daniel Priestley (@DanielPriestley)Billionaire hedge fund manager @RayDalio has said the UK is in a debt doom loop.The government has 101% of debt to GDP ratio. It spends 45% of GDP. It borrows to pay interest payments. This is wildly unsustainable and irresponsible.The doom loop bit happens when the government raises taxes to fund debt, higher taxes reduce growth, reduced growth reduces investment, reduced investment causes wealth creators to leave and the 1% who pay 30% of the taxes pull away from the ...

Crypto industry braces for incoming White House 'regulatory Bible' on rules, bitcoin reserve, and taxes https://t.co/EB5BW77lt8 ...

Debt & GDP Ratio - UK government debt stands at 101% of GDP [1] - Government spending accounts for 45% of GDP [1] - Government borrows to cover interest payments, indicating unsustainable fiscal policy [1] Doom Loop Mechanism - Increased taxes to fund debt reduces economic growth [2] - Reduced growth leads to decreased investment [2] - Decreased investment causes wealth creators (the 1% who pay 30% of taxes) to leave the system [2] - Wealth creators leaving necessitates even higher taxes [2] Potential Solutions - Government needs to cap spending at 35% of GDP [3] - Creation of special economic zones or tax breaks to attract wealth creators and investment [3] - Implementation of fiscal responsibility, ceasing money printing and further borrowing [3]

Economic Policy & Taxation - High corporate tax rates (175% plus city taxes) are driving businesses away to states with lower taxes like Florida, Georgia, North Carolina, South Carolina, Texas, and Tennessee [1] - High personal income and sales taxes (approximately 9% each in the city) exacerbate the problem of businesses fleeing New York City [1] - Congestion pricing has reduced foot traffic for businesses, especially small and mid-sized businesses, making it difficult for them to pay rent [2][3] - The city and state are perceived as making it "impossible to stay" for businesses [3] Housing Affordability - High rents in Manhattan require young professionals to have multiple roommates, even with salaries around $150000 [3][4][5] - Young people are struggling to afford housing, student loans, and basic necessities, leading to anger and potential relocation out of state [5][6] Public Safety & Law Enforcement - The city needs to hire 7000 more police officers [16] - Madison Square Garden and universities like NYU and Columbia should pay their fair share of property taxes to fund the hiring of more police officers [16][17][18] - Police officers need to have their qualified immunity restored to effectively do their jobs [18][19][20] Political Landscape - The Democratic Party is perceived to have shifted towards socialism [11][12] - The Republican candidate aims to attract millennial and Gen Z voters by addressing issues like crime [14][15][16] Immigration - The city needs to find a way for immigrants to legally work, especially in the hospitality industry, to preserve businesses [30]

President Donald Trump suggests Prime Minister Keir Starmer needs to lower taxes, cut immigration and stop crime in the UK if he wants to beat populist Nigel Farage in the next general election https://t.co/RkKNP61IHd ...

RT Autism Capital 🧩 (@AutismCapital)🚨NEW: Mike Benz @MikeBenzCyber says that New York should be a "sanctuary state" if NYC want to be a sanctuary city so badly -- meaning a sanctuary from paying taxes until they clean up the streets. https://t.co/t5Vjo7sJRp ...

Intuit's Use of LLMs in TurboTax - Intuit successfully processed 44 million tax returns for tax year 2023, aiming to provide users with high confidence in their tax filings and ensure they receive the best deductions [2] - Intuit's Geni experiences are built on GenOS, a proprietary generative OS platform designed to address the limitations of out-of-the-box tooling, especially concerning regulatory compliance, safety, and security in the tax domain [4][5] - Intuit uses Claude (Anthropic) for static queries related to tax refunds and OpenAI's GPT-4 for dynamic question answering, such as user-specific tax inquiries [9][10][12] - Intuit is one of the biggest users of Claude, with a multi-million dollar contract [9][10] Development and Evaluation - Intuit emphasizes a phased evaluation system, starting with manual evaluations by tax analysts and transitioning to automated evaluations using LLM as a judge [16][17] - Tax analysts also serve as prompt engineers, leveraging their expertise to ensure accurate evaluations and prompt design [16][17] - Key evaluation pillars include accuracy, relevancy, and coherence, with a strong focus on tax accuracy [20][24] - Intuit uses AWS Ground Truth for creating golden datasets for evaluations [22] Challenges and Learnings - LLM contracts are expensive, and long-term contracts are slightly cheaper but create vendor lock-in [25][26] - LLM models have higher latency compared to backend services (3-10 seconds), which can be exacerbated during peak tax season [27][28] - Intuit employs safety guardrails and ML models to prevent hallucination of numbers in LLM responses, ensuring data accuracy [40][41] - Graph RAG outperforms regular RAG in providing personalized and helpful answers to users [42][43]