Whats going on in the World

Trump, Who Called for Death Penalty for Drug Dealers, Pardons Most Influential Drug Dealer in Human History​

During his announcement in late 2022 that he would be once again running for president of the United States, now-reelected president Donald Trump issued an outrageous threat: that he'd seek to punish drug dealers with the death penalty.

"We're going to be asking everyone who sells drugs, gets caught selling drugs, to receive the death penalty for their heinous acts," Trump told an audience during his speech at his Mar-a-Lago estate at the time. "Because it's the only way."
Just over two years later, Trump appears to have completely reversed that position by unconditionally pardoning Ross "Dread Pirate Roberts" Ulbricht this week. Ulbricht ran Silk Road, the now infamous site that made history as the first dark web marketplace, offering a cornucopia of banned drugs in exchange for the then-nascent cryptocurrency Bitcoin.

Ulbricht was sentenced to life in federal person in 2015 after he was busted by the FBI — and after Silk Road had facilitated the sale of over $200 million in illegal drugs and other illicit goods.

"Make no mistake: Ulbricht was a drug dealer and criminal profiteer who exploited people’s addictions and contributed to the deaths of at least six young people," Preet Bharara, then US Attorney for the Southern District of New York, said in a statement at the time.

During his 2015 sentencing, district judge Katherine Forrest described Ulbricht as "no better a person than any other drug dealer."
Forrest had a point. Ulbricht didn't just sell drugs; he disrupted the entire industry. He wasn't your neighborhood dealer; he was the Uber of plugs, singlehandedly creating an entire new model that directly connected drug buyers with drug sellers — and taking a handsome cut in the process.

It's not that drug crimes actually deserve draconian punishments, but Trump's pardon serves as a painstakingly obvious attempt to curry favor with the crypto industry — which he also once reviled, before gaining its financial support — as well as contradicting his earlier promise to literally punish drug dealers with death.

The pardon highlights Trump's fragile moral compass and well-documented willingness to abandon his stance on a given matter when presented with an opportunity to cash in.

Ulbricht's life sentence has long been the subject of libertarian outrage, as Al Jazeera reports, with the crypto community arguing he was unfairly prosecuted as an example to others.
"I was doing life without parole, and I was locked up for more than 11 years but he let me out," he said in a video message posted on X-formerly-Twitter. "I’m a free man now. So let it be known that Donald Trump is a man of his word."

Trump's decision to pardon him, however, had plenty of critics.

"Pardoning drug trafficking kingpins is a slap in the face to the families who’ve lost loved ones to his crimes," Democratic senator Catherine Cortez Masto wrote in a tweet. "Donald Trump should have to explain to them how any of this makes America safer. It's an outrage."

Meanwhile, Trump signed an executive order earlier this week, looking to reinstate the death penalty. Whether the Supreme Court will green-light the decision remains to be seen.

During a campaign speech in September, Trump reiterated his desire to expand the death penalty to those who were convicted of drug trafficking.
"These are terrible, terrible, horrible people who are responsible for death, carnage and crime all over the country," he said at the time. "We’re going to be asking everyone who sells drugs, gets caught, to receive the death penalty for their heinous acts."

Yet somehow Ulbricht, who created an entire marketplace and new business model for the sale of drugs, has been set free.
 

How Trump used his first week to exact political retribution​


THE REVENGE TOUR LOL!!
Jeremy Herb, CNN
Sat, January 25, 2025 at 4:00 AM EST·7 min read

President Donald Trump’s termination of Dr. Anthony Fauci’s security detail was just one of the ways in which he’s used his first week in office to carry out the political retribution he vowed to unleash if voters returned him to the White House.

With actions big and small, Trump has spent his first days in office pushing the levers of government – and his unique powers as commander in chief – to target his perceived political enemies both inside and outside the government.

The president has revoked security clearances from his critics. He’s canceled security details for officials who worked for him in the first administration. He’s personally announced the firings of individuals he loathes. And he’s teased a desire to launch wide-ranging investigation into both his predecessor, Joe Biden, and many others who criticized him after he left office the first time.

It’s still too early to say how much Trump’s desire for political retribution will color his second term – and whether he will in fact push for far more drastic actions inside the Justice Department once his team is confirmed. The Trump Justice Department this week quickly reassigned at least 20 career officials from senior-level positions where they’ve worked for years.



But it’s clear from Trump’s rhetoric during his first five days in office that he still has a desire to do. The new president this week bemoaned Biden’s preemptive pardons of potential targets of Trump’s retribution – like former Rep. Liz Cheney. And he even suggested in an Oval Office interview with Fox host Sean Hannity on Wednesday that Biden made a mistake by not pardoning himself.

“I went through four years of hell by this scum that we had to deal with,” Trump said. “It’s really hard to say that they shouldn’t have to go through it also. It is very hard to say that.”

Revoking clearances and security details​

Trump used his first batch of executive actions signed on the first day of his presidency to begin his retribution tour.

Included among them: Trump revoked the security clearances of the 51 former intelligence officials who signed a 2020 letter arguing that emails from a laptop belonging to Hunter Biden carried “all the classic earmarks of a Russian information operation.”



The letter had been a target of Republican-led congressional investigations over the past two years, but Trump’s action to revoke clearances took things a step further. The letter was signed by a number of top former officials from both the Obama and Bush administrations, including former director of national intelligence Jim Clapper, former CIA director John Brennan and former acting CIA directors John McLaughlin and Michael Morell.

Trump tacked on another former national security official in the order: It also revoked the clearance of his former national security adviser John Bolton over a memoir about his time at the National Security Council that was deeply critical of the president – which the first Trump administration investigated for the potential inclusion of classified material.

Trump went after Bolton in another way within hours of his swearing in, terminating his Secret Service detail, which has been assigned to him because of threats from Iran. (Trump initially terminated his protection after he left his administration in the first term, but Biden restored it once he took office.)

Trump also revoked the security detail for his former Secretary of State Mike Pompeo, who like Bolton, also received protection due to threats from Iran. And he yanked the detail from Fauci, which was being provided and paid for by the National Institutes of Health due to ongoing threats from his public-facing role during the Covid-19 pandemic.

Fauci has now hired his own private security that he’ll pay for himself, CNN reported Friday.



Asked whether he would feel partially responsible if something were to happen to Fauci or Bolton, Trump said no.

“They all made a lot of money. They can hire their own security too,” Trump said Friday while touring storm damage in North Carolina. “All the people you’re talking about, they can go out, I can give them some good numbers of very good security people. They can hire their own security. They all made a lot of money. Fauci made a lot of money.”

Targeting federal workers and firing by Truth​

Trump also took actions to reshape the federal workforce – both as part of his campaign to weed out the so-called “deep state” from inside the government and to target federal employees who focus on diversity, equity and inclusion.

He issued an executive order making it easier to fire federal workers, placed workers in any federal DEIA offices on paid administrative leave and directed all federal agencies to revise their telework policy to require workers to be in the office.



But Trump also made sure to use his newly regained bully pulpit to personally announce the firings of several critics by “Truth.”

Early Tuesday morning, Trump posted on his Truth Social account that he was removing four individuals from presidential advisory boards: José Andrés, the celebrity chef and restaurateur; former Joint Chiefs Chairman Mark Milley; former Atlanta Mayor Keisha Lance Bottoms; and Brian Hook, a top State Department official in the first Trump administration who was at one point expected to lead Trump’s State transition team.

“Let this serve as Official Notice of Dismissal for these 4 individuals, with many more, coming soon: Jose Andres from the President’s Council on Sports, Fitness and Nutrition, Mark Milley from the National Infrastructure Advisory Council, Brian Hook from the Wilson Center for Scholars, and Keisha Lance Bottoms from the President’s Export Council—YOU’RE FIRED!” Trump wrote.

There was no reason Trump needed to announce the firings himself – Andrés even responded by saying that he’d already submitted his resignation before Trump was sworn in.

Still, Trump made a show of going after some of his vocal critics, like Milley, who called Trump a “fascist to the core” ahead of the 2024 election.

Following his campaign promises​

During the 2024 presidential campaign, Trump repeatedly suggested that his perceived enemies should be jailed, from the prosecutors in the Biden administration Justice Department who indicted him to members of the House select committee that investigated the January 6, 2021, attack on the US Capitol.

Now in office, Trump has kept up the same rhetoric, even if some of his targets received a preemptive pardon from Biden.

“I was going to talk about the things that Joe did today with the pardons of people that were very, very guilty of very bad crimes, like the Unselect Committee of political thugs,” Trump said of the January 6 committee in remarks following his inaugural address.

On his first day in office, Trump issued an executive order directing his Justice Department and Office of the Director of National Intelligence to open broad investigations into Biden administration “weaponization” of law enforcement and intelligence agencies.

Trump also issued an order pardoning more than 1,000 people charged in the Capitol attack — the most sweeping action in his long-running effort to rewrite the history of January 6 and his attempts to overturn the 2020 election, which had led to now-dropped federal charges against him brought by former special counsel Jack Smith.

“And, you know, the funny thing, maybe the sad thing, is, he didn’t give himself a pardon. And if you look at it, it all had to do with him. I mean, the money went to him,” Trump said, repeating never-proven allegations that Republicans investigated in the last Congress about Biden receiving money from his family members’ business ventures.

Of course, if Trump actually directed his Justice Department to investigate Biden, he would face a key roadblock because of his own legal battles last year: The Supreme Court ruled in Trump’s challenge to the special counsel’s January 6 indictment that presidents have “absolute immunity” related to their official actions.
Not for treason little buddy and it looks like his big guy deals extended back to that magic 2014 but I don’t even believe he did treasonous dealings. It was whoever actually was running the show behind the dementia ridden plant.
 

Putin Dismisses Trump’s Sanctions Threat While Heaping New Praise on Him​

Russia’s president flattered his American counterpart as “smart” and “pragmatic,” and repeated Mr. Trump’s baseless claim that the 2020 election was stolen.

"BIRDS OF A FEATHER"
 

How Trump used his first week to exact political retribution​


THE REVENGE TOUR LOL!!
Jeremy Herb, CNN
Sat, January 25, 2025 at 4:00 AM EST·7 min read

President Donald Trump’s termination of Dr. Anthony Fauci’s security detail was just one of the ways in which he’s used his first week in office to carry out the political retribution he vowed to unleash if voters returned him to the White House.

With actions big and small, Trump has spent his first days in office pushing the levers of government – and his unique powers as commander in chief – to target his perceived political enemies both inside and outside the government.

The president has revoked security clearances from his critics. He’s canceled security details for officials who worked for him in the first administration. He’s personally announced the firings of individuals he loathes. And he’s teased a desire to launch wide-ranging investigation into both his predecessor, Joe Biden, and many others who criticized him after he left office the first time.

It’s still too early to say how much Trump’s desire for political retribution will color his second term – and whether he will in fact push for far more drastic actions inside the Justice Department once his team is confirmed. The Trump Justice Department this week quickly reassigned at least 20 career officials from senior-level positions where they’ve worked for years.



But it’s clear from Trump’s rhetoric during his first five days in office that he still has a desire to do. The new president this week bemoaned Biden’s preemptive pardons of potential targets of Trump’s retribution – like former Rep. Liz Cheney. And he even suggested in an Oval Office interview with Fox host Sean Hannity on Wednesday that Biden made a mistake by not pardoning himself.

“I went through four years of hell by this scum that we had to deal with,” Trump said. “It’s really hard to say that they shouldn’t have to go through it also. It is very hard to say that.”

Revoking clearances and security details​

Trump used his first batch of executive actions signed on the first day of his presidency to begin his retribution tour.

Included among them: Trump revoked the security clearances of the 51 former intelligence officials who signed a 2020 letter arguing that emails from a laptop belonging to Hunter Biden carried “all the classic earmarks of a Russian information operation.”



The letter had been a target of Republican-led congressional investigations over the past two years, but Trump’s action to revoke clearances took things a step further. The letter was signed by a number of top former officials from both the Obama and Bush administrations, including former director of national intelligence Jim Clapper, former CIA director John Brennan and former acting CIA directors John McLaughlin and Michael Morell.

Trump tacked on another former national security official in the order: It also revoked the clearance of his former national security adviser John Bolton over a memoir about his time at the National Security Council that was deeply critical of the president – which the first Trump administration investigated for the potential inclusion of classified material.

Trump went after Bolton in another way within hours of his swearing in, terminating his Secret Service detail, which has been assigned to him because of threats from Iran. (Trump initially terminated his protection after he left his administration in the first term, but Biden restored it once he took office.)

Trump also revoked the security detail for his former Secretary of State Mike Pompeo, who like Bolton, also received protection due to threats from Iran. And he yanked the detail from Fauci, which was being provided and paid for by the National Institutes of Health due to ongoing threats from his public-facing role during the Covid-19 pandemic.

Fauci has now hired his own private security that he’ll pay for himself, CNN reported Friday.



Asked whether he would feel partially responsible if something were to happen to Fauci or Bolton, Trump said no.

“They all made a lot of money. They can hire their own security too,” Trump said Friday while touring storm damage in North Carolina. “All the people you’re talking about, they can go out, I can give them some good numbers of very good security people. They can hire their own security. They all made a lot of money. Fauci made a lot of money.”

Targeting federal workers and firing by Truth​

Trump also took actions to reshape the federal workforce – both as part of his campaign to weed out the so-called “deep state” from inside the government and to target federal employees who focus on diversity, equity and inclusion.

He issued an executive order making it easier to fire federal workers, placed workers in any federal DEIA offices on paid administrative leave and directed all federal agencies to revise their telework policy to require workers to be in the office.



But Trump also made sure to use his newly regained bully pulpit to personally announce the firings of several critics by “Truth.”

Early Tuesday morning, Trump posted on his Truth Social account that he was removing four individuals from presidential advisory boards: José Andrés, the celebrity chef and restaurateur; former Joint Chiefs Chairman Mark Milley; former Atlanta Mayor Keisha Lance Bottoms; and Brian Hook, a top State Department official in the first Trump administration who was at one point expected to lead Trump’s State transition team.

“Let this serve as Official Notice of Dismissal for these 4 individuals, with many more, coming soon: Jose Andres from the President’s Council on Sports, Fitness and Nutrition, Mark Milley from the National Infrastructure Advisory Council, Brian Hook from the Wilson Center for Scholars, and Keisha Lance Bottoms from the President’s Export Council—YOU’RE FIRED!” Trump wrote.

There was no reason Trump needed to announce the firings himself – Andrés even responded by saying that he’d already submitted his resignation before Trump was sworn in.

Still, Trump made a show of going after some of his vocal critics, like Milley, who called Trump a “fascist to the core” ahead of the 2024 election.

Following his campaign promises​

During the 2024 presidential campaign, Trump repeatedly suggested that his perceived enemies should be jailed, from the prosecutors in the Biden administration Justice Department who indicted him to members of the House select committee that investigated the January 6, 2021, attack on the US Capitol.

Now in office, Trump has kept up the same rhetoric, even if some of his targets received a preemptive pardon from Biden.

“I was going to talk about the things that Joe did today with the pardons of people that were very, very guilty of very bad crimes, like the Unselect Committee of political thugs,” Trump said of the January 6 committee in remarks following his inaugural address.

On his first day in office, Trump issued an executive order directing his Justice Department and Office of the Director of National Intelligence to open broad investigations into Biden administration “weaponization” of law enforcement and intelligence agencies.

Trump also issued an order pardoning more than 1,000 people charged in the Capitol attack — the most sweeping action in his long-running effort to rewrite the history of January 6 and his attempts to overturn the 2020 election, which had led to now-dropped federal charges against him brought by former special counsel Jack Smith.

“And, you know, the funny thing, maybe the sad thing, is, he didn’t give himself a pardon. And if you look at it, it all had to do with him. I mean, the money went to him,” Trump said, repeating never-proven allegations that Republicans investigated in the last Congress about Biden receiving money from his family members’ business ventures.

Of course, if Trump actually directed his Justice Department to investigate Biden, he would face a key roadblock because of his own legal battles last year: The Supreme Court ruled in Trump’s challenge to the special counsel’s January 6 indictment that presidents have “absolute immunity” related to their official actions.
This article was preceded by the one about how Brandons record setting pardons during the last days in office made the country a more dangerous place.
 
He got sticker shock when he bought a dozen eggs to make his humble pie.

Another gift from Brandon to Donald......bird flu!
Spinach dip on sale. Although I ate a bunch!


IMG_7667.jpeg
 

Trump fires 17 independent watchdogs at multiple agencies in late-night move​

with no one looking it's easier to commit crimes

In a late-night Friday move, President Donald Trump fired at least 17 independent watchdogs -- known as inspectors general -- at multiple federal agencies, sources familiar with the move told ABC News.

The conversations about ousting these government watchdogs began during Trump's transition back to the White House.

While inspectors general can be fired by the president — it can only happen after communicating with Congress 30 days in advance and in 2022 Congress strengthened the law requiring administrations to give a detailed reasoning for the firing of an IG.

The current law also mandates that any acting IG's must come from within the IG community, though it's unclear whether the Trump White House believes they need to follow that aspect of the law.

The inspectors general were blindsided by emails they received Friday night from Sergio Gor, the director of the White House Presidential Personnel Office, according to a source with knowledge of the firings.

"I am writing to inform you that due to changing priorities your position ... is terminated, effective immediately," read the emails reviewed by ABC News.

Many of the IGs had met with Trump transition officials at their agencies and had productive conversations with the incoming administration, the source said.

Sen. Chuck Grassley, R-Iowa, said Saturday that Congress was not given the required 30-day notice.
 

Paying for Trump's tax cuts could lead to big changes for taxpayers. Here's what could be in store.​

A key economic priority for President Trump this year is to extend the provisions in his signature Tax Cuts and Jobs Act, a 2017 law that lowered tax rates for most Americans, before they expire at the end of 2025. Now, Republican lawmakers have developed a 50-page laundry list of ideas for how to pay for those planned cuts.

The plan from congressional Republicans, published earlier by the New York Times, was confirmed by a person familiar with the document, who noted that it represents a menu of policy options for lawmakers to consider. The document also cites several new tax breaks proposed by Mr. Trump while on the campaign trail last falls, such as eliminating taxes on overtime and tips.

But extending the TCJA's provisions alone could prove costly, with the Congressional Budget Office forecasting a cost of $4.6 trillion over 10 years. Adding new tax breaks, such as Mr. Trump's promise to ditch taxes on overtime pay, could push up the bill even higher at a time when the nation's debt has spiraled to more than $36 trillion.

According to the document, some ideas for funding those tax breaks include eliminating the mortgage home deduction, a popular break for homeowners, and the deductibility of student loan interest. Other methods to drum up more money include an across-the-board 10% import tariff — essentially, a universal tax on U.S. imports that would be paid by consumers.

The plan also outlines ideas for cutting federal spending, primarily by trimming outlays for social safety net programs such as Medicaid and food stamps. Overall, the document points to a potential tax overhaul that could put more money in the pockets of wealthier Americans while cutting assistance for low- and middle-class taxpayers, experts say.

"If you are extending the tax cuts and enacting tariffs and cutting Medicaid, that will deliver benefits more among higher-income households, and more of a cost will be born by lower-income households," Joseph Rosenberg, a senior fellow at the Urban-Brookings Tax Policy Center, a tax-focused think tank, told CBS MoneyWatch.

Adding a blanket 10% tariff could raise $1.9 trillion over the next decade, according to the document shared with Republican lawmakers. But tariffs are largely paid by consumers because companies tend to raise their prices to cover the extra import duties. Mr. Trump's tariffs could add $2,600 a year in costs for the typical U.S. family, according to an August analysis from the Peterson Institute for International Economics, a nonpartisan think tank focused on economic issues.

Trump administration officials didn't immediately respond to a request for comment.

Tax breaks that could disappear​

Some long-standing tax breaks could face elimination, according to the document:

  • Mortgage interest deduction: This could either be cut entirely or lowered to a $500,000 cap, with the former idea saving $1 trillion over a decade and the latter $50 billion over the same period.
  • "Head of household" tax filing status: This filing status provides a larger standard deduction for unmarried adults with children. Eliminating it could save $192 billion over 10 years.
  • American Opportunity Credit: This $2,500 tax credit is given for educational expenses amassed over the first four years of a person's higher education. Revoking it would save $59 billion over a decade.
  • Child and Dependent Care tax credit: This credit helps families with young children pay for up to $2,100 in annual child care expenses. Waiving it would save $55 billion over a decade.
  • Student loan interest deduction: Scrapping this deduction, used by people with student loan debt, could save $50 billion over 10 years.
  • Lifetime Learning Credit: This nonrefundable tax credit is equal to 20% of qualified tuition and related expenses under $10,000. Repealing it would save $26 billion over 10 years.

New tax breaks under consideration​

The document also outlines several ideas for lowering taxes, in addition to eliminating taxes on overtime and tips. They include:

  • Eliminating the estate tax: This proposal would most benefit ultra-rich families given that the estate tax hits people with assets of nearly $14 million. Removing this tax would cost the U.S. $370 billion over 10 years.
  • Raising or eliminating the SALT deduction cap: Mr. Trump's TCJA introduced a controversial $10,000 cap on deducting state and local taxes, or SALT. Under the latest Republican proposals, the cap could be eliminated or raised to higher thresholds, such as $20,000 for married couples. The cost could range from $100 billion to up to $1 trillion, depending on the size of the change.
  • Making auto loan interest tax deductible: This idea, which was floated by Mr. Trump during the 2024 presidential campaign, could cost $61 billion over a decade.
While campaigning last year, Mr. Trump proposed scrapping the $10,000 cap on the SALT deduction, which he introduced in his 2017 tax bill. The issue has become increasingly unpopular among Republicans and Democrats alike, as rising home values and property taxes across the nation means more homeowners are feeling the pinch from the deduction limit.

BEND OVER MERICA!
 

Paying for Trump's tax cuts could lead to big changes for taxpayers. Here's what could be in store.​

A key economic priority for President Trump this year is to extend the provisions in his signature Tax Cuts and Jobs Act, a 2017 law that lowered tax rates for most Americans, before they expire at the end of 2025. Now, Republican lawmakers have developed a 50-page laundry list of ideas for how to pay for those planned cuts.

The plan from congressional Republicans, published earlier by the New York Times, was confirmed by a person familiar with the document, who noted that it represents a menu of policy options for lawmakers to consider. The document also cites several new tax breaks proposed by Mr. Trump while on the campaign trail last falls, such as eliminating taxes on overtime and tips.

But extending the TCJA's provisions alone could prove costly, with the Congressional Budget Office forecasting a cost of $4.6 trillion over 10 years. Adding new tax breaks, such as Mr. Trump's promise to ditch taxes on overtime pay, could push up the bill even higher at a time when the nation's debt has spiraled to more than $36 trillion.

According to the document, some ideas for funding those tax breaks include eliminating the mortgage home deduction, a popular break for homeowners, and the deductibility of student loan interest. Other methods to drum up more money include an across-the-board 10% import tariff — essentially, a universal tax on U.S. imports that would be paid by consumers.

The plan also outlines ideas for cutting federal spending, primarily by trimming outlays for social safety net programs such as Medicaid and food stamps. Overall, the document points to a potential tax overhaul that could put more money in the pockets of wealthier Americans while cutting assistance for low- and middle-class taxpayers, experts say.

"If you are extending the tax cuts and enacting tariffs and cutting Medicaid, that will deliver benefits more among higher-income households, and more of a cost will be born by lower-income households," Joseph Rosenberg, a senior fellow at the Urban-Brookings Tax Policy Center, a tax-focused think tank, told CBS MoneyWatch.

Adding a blanket 10% tariff could raise $1.9 trillion over the next decade, according to the document shared with Republican lawmakers. But tariffs are largely paid by consumers because companies tend to raise their prices to cover the extra import duties. Mr. Trump's tariffs could add $2,600 a year in costs for the typical U.S. family, according to an August analysis from the Peterson Institute for International Economics, a nonpartisan think tank focused on economic issues.

Trump administration officials didn't immediately respond to a request for comment.

Tax breaks that could disappear​

Some long-standing tax breaks could face elimination, according to the document:

  • Mortgage interest deduction: This could either be cut entirely or lowered to a $500,000 cap, with the former idea saving $1 trillion over a decade and the latter $50 billion over the same period.
  • "Head of household" tax filing status: This filing status provides a larger standard deduction for unmarried adults with children. Eliminating it could save $192 billion over 10 years.
  • American Opportunity Credit: This $2,500 tax credit is given for educational expenses amassed over the first four years of a person's higher education. Revoking it would save $59 billion over a decade.
  • Child and Dependent Care tax credit: This credit helps families with young children pay for up to $2,100 in annual child care expenses. Waiving it would save $55 billion over a decade.
  • Student loan interest deduction: Scrapping this deduction, used by people with student loan debt, could save $50 billion over 10 years.
  • Lifetime Learning Credit: This nonrefundable tax credit is equal to 20% of qualified tuition and related expenses under $10,000. Repealing it would save $26 billion over 10 years.

New tax breaks under consideration​

The document also outlines several ideas for lowering taxes, in addition to eliminating taxes on overtime and tips. They include:

  • Eliminating the estate tax: This proposal would most benefit ultra-rich families given that the estate tax hits people with assets of nearly $14 million. Removing this tax would cost the U.S. $370 billion over 10 years.
  • Raising or eliminating the SALT deduction cap: Mr. Trump's TCJA introduced a controversial $10,000 cap on deducting state and local taxes, or SALT. Under the latest Republican proposals, the cap could be eliminated or raised to higher thresholds, such as $20,000 for married couples. The cost could range from $100 billion to up to $1 trillion, depending on the size of the change.
  • Making auto loan interest tax deductible: This idea, which was floated by Mr. Trump during the 2024 presidential campaign, could cost $61 billion over a decade.
While campaigning last year, Mr. Trump proposed scrapping the $10,000 cap on the SALT deduction, which he introduced in his 2017 tax bill. The issue has become increasingly unpopular among Republicans and Democrats alike, as rising home values and property taxes across the nation means more homeowners are feeling the pinch from the deduction limit.

BEND OVER MERICA!
I got nothing out of his last tax cuts. Don't know anyone else who got anything other then a token AMOUNT. For me - it was $600. So freakin' what!

Should have kept it & applied it torward the $7 trillion he added to the debt by enacting his tax cuts to the billionares. Which is what started the inflation spiral that Biden inherited. A spiral that advanced quickly once his pal invaded Ukraine.


So yeah.

I'm ready to bend over as pretty much all of you delusional people should be prepared to do as well.

Only difference is - y'all asked/voted for it.

I didn't. So I guess it's rape?

Maybe I've got grounds for a lawsuit.........................
:unsure:
 
I got nothing out of his last tax cuts. Don't know anyone else who got anything other then a token AMOUNT. For me - it was $600. So freakin' what!

Should have kept it & applied it torward the $7 trillion he added to the debt by enacting his tax cuts to the billionares. Which is what started the inflation spiral that Biden inherited. A spiral that advanced quickly once his pal invaded Ukraine.


So yeah.

I'm ready to bend over as pretty much all of you delusional people should be prepared to do as well.

Only difference is - y'all asked/voted for it.
giphy.gif

Stop your whining
 
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