If you pay 50% taxes, you’re half slave. ...

JUST IN: 🇺🇸 Senator Cynthia Lummis says she is 'working' to eliminate taxes on small Bitcoin transactions. https://t.co/qqWVbfn9HR ...

RT Frank Corva (@frankcorva)Yesterday, two New York State Senators introduced a bill that would increase taxes on certain Bitcoin mining companies.The news of this was unfortunate, as the moratorium on Bitcoin mining in New York only recently expired.https://t.co/t0LHCO37Al ...

lmao “they should only be allowed to have as much money as George Soros”Breitbart News (@BreitbartNews):Sen. Mark Kelly (D-AZ) goes full "eat the rich," slams @elonmusk's Tesla pay package and says billionaires in the U.S. should only be worth around $50 billion max"We know how to fix this. It's pretty straightforward. You know what you do? You raise taxes on wealthy people." https://t.co/2dGxbihTbp ...

Summary of Nordea Bank's Q3 2025 Pre-Close Call Company Overview - **Company**: Nordea Bank - **Event**: Q3 2025 Pre-Close Call - **Date of Report Release**: October 16, 2025 - **Silent Period Start**: October 7, 2025 Key Points Macro Environment - **Interest Rates**: Norway and Sweden cut policy rates by 25 basis points in September, leading to a quarter-on-quarter decrease of approximately 25 basis points in average Nordic policy rates for Q3, similar to Q2's decrease of around 30 basis points [3][5] - **Interbank Rates**: Average quarter-to-date decreases were 30 basis points for Norway, 17 basis points for Sweden, and 10 basis points for Denmark and Finland [3] - **Equity Markets**: The U.S. dollar-denominated MSCI World Index increased by 11% quarter-on-quarter, while the OMX 40 Nordic Index decreased by 1% [3] - **Fixed Income**: The U.S. dollar-denominated Bloomberg Global Aggregate Bond Index rose by 2% [3] Financial Performance - **Net Interest Income (NII)**: Reported NII for Q2 was €1,798 million, with expectations of lower NII in Q3 due to pressure on lending margins and a negative impact from deposit rates bottoming out [4][5] - **FX Impact**: The average FX presented a headwind for euro-denominated income in Q3, with SEK down 1.5% and NOK down 1% quarter-on-quarter [4] - **Net Fee and Commission Income**: Q2 reported €792 million, with Q3 expected to be impacted by seasonality and market quietness, particularly in brokerage and advisory services [9][10] - **Net Insurance Result**: Q2 net insurance result was €58 million, up from €54 million in Q1 [10] Cost Management - **Cost Growth**: Year-on-year cost growth is expected to slow significantly, with full-year costs projected to grow by no more than 2% to 2.5%, excluding FX effects [12] - **Credit Losses**: Normalized loan loss level is 10 basis points, with a management judgment buffer of €341 million [12] Capital and Dividends - **CET1 Ratio**: CET1 requirements stood at 13.7% at the end of Q2, with a CET1 ratio of 15.6% [13] - **Dividend Policy**: The company aims to pay out 60% to 70% of annual profits in dividends, with discussions around interim dividends being hypothetical at this stage [17][18] Other Notable Points - **AT1 Issuances**: Recent AT1 issuances in USD, SEK, and NOK are expected to create a headwind of approximately €20 million, offsetting some positive effects [6][21] - **Market Activity**: M&A activity is down by 40% and ECM by 50% quarter-on-quarter, indicating a continued slow market environment [10][35] - **Capital Markets Day**: Scheduled for November 5, 2025, with potential updates on financial targets expected [30][31] Conclusion - The call highlighted the challenges faced by Nordea Bank in a mixed macroeconomic environment, with interest rate cuts impacting NII and market activity remaining subdued. The focus on cost management and maintaining a stable dividend policy reflects the bank's strategy to navigate these challenges while preparing for future growth opportunities.

Tax Policy - UK wealth tax ruled out by Chancellor of the Exchequer [1] - Commitment to campaign pledges not to raise key tax levels reiterated [1]

Allegations of Governmental Misconduct - Accusations of the UK government repeatedly seizing and stealing funds [1] - Claims that these actions are motivated by a dislike for the individual having legal representation [1] - Allegations of discriminatory treatment due to the individual's identity [1] - Assertion that the Deputy PM does not pay taxes [2] Tax Compliance - The individual claims to pay taxes in Belize [1] - Despite providing proof, the UK government allegedly continues to freeze and seize funds [1]

RT BRUV (@votebruv)We fully expect @UKLabour to suspend @AngelaRayner for knowingly avoiding taxes.Party chairman @Cobratate was banned from all banking facilities worldwide when a tax investigation into him was launched.Will @HMRCgovuk punish her in that manner?Seize the house. Seize the cars. Lock the banks.Treat them as the Tates were treated or its 2 tier justice. ...

Legal & Regulatory Landscape - A federal appeals court ruled President Trump overstepped his authority imposing tariffs [1] - The court decision favors the argument that tariff decisions belong to Congress, not the President [2] - The administration has until October 14th to decide whether to appeal to the Supreme Court or go to Congress [18] - The Supreme Court previously ruled that Congress must affirmatively authorize rules, referencing the 1950 steel mill seizure case [7][8] Potential Business Impact - Businesses are in a difficult position, needing clarity on tariff rules for long-term planning [13][15] - Some businesses are considering manufacturing in the US due to the tariffs, while others are waiting for the situation to resolve [13][14] - The legality of tariffs collected is questioned, with potential for refund actions if the ruling stands [10][11] Presidential Powers & Limitations - The President has limited power to impose a 15% temporary tariff for 150 days under Section 122 of the Trade Act [17] - The tariffs imposed exceeded the President's power by being up to 50% or even 150% and indefinite [17]

President Trump says he's taking his case on tariffs to the Supreme Court. No surprise there. This comes after a federal appeals court ruled last night that most of his global tariffs are illegal, which is a massive blow to the core of the president's aggressive trade policy and economic vision.Here's a huge caveat, though. The judges said the tariffs can stay in place as the case proceeds. The ruling held that Trump does not possess unlimited power.Shocker. under the law to impose taxes on nearly all US im ...