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X @Andrew Tate
Andrew Tate· 2025-08-20 12:16
There are only a few things actually worth the money when you're rich rich.Private Jet with your boys is one of them. https://t.co/G3wvn00sdi ...
Here's who will benefit from President Trump's tax bill
CNBC Television· 2025-07-03 14:54
Tax Bill Impact - Approximately 80% of the tax bill's benefits accrue to the top 10% of earners [2] - The bottom 20% could see a decrease in after-tax income of $560 per year, a 2.3% decrease [3] - The middle 20% would see a slight gain of $760 per year, or 1.5% [3] - The top quintile receives a $6,000 cut, about 2.3% [4] - The top 1%, those making $650,000 or more, get a tax cut of about $32,000 a year, 2.1% [4] Tax Policy Details - Extending the standard deduction costs $1.4 trillion [4] - Child tax credit costs $800 billion [4] - Eliminating tax on tips and overtime costs over $120 billion [5] - Bonus depreciation allows businesses to deduct 100% of capital investments immediately, retroactive to January 2025 [8] Regional and Temporal Considerations - The extension of the salt deduction is a positive change for those in high tax blue states, up to $500,000 in income, phasing out in 5 years [6] - Many provisions of the tax bill are set to expire in approximately 5 years due to budgetary reasons [7]
X @Bloomberg
Bloomberg· 2025-07-02 14:56
Financial Performance - Bombardier shares reached a seven-year high following a $17 亿 (billion) aircraft order [1] Business Transaction - Bombardier secured a $17 亿 (billion) aircraft order from an anonymous client [1]