Trump is right about ending taxes on tips
President Donald Trump has introduced (a number of instances) that he'll finish the taxation of tipped earnings. There's a lot to have fun at any time when a tax goes away—however the satan is within the particulars. First, the numbers. There may be $36.4 billion in reported tip earnings in the USA yearly—emphasis on "reported," as many money ideas escape the discover of the IRS. Of that, $24.2 billion is…
Trump administration ends TSA collective bargaining agreement
The U.S. Division of Homeland Safety (DHS) announced on Friday that it'll not honor a collective bargaining settlement with the unionized workers of the Transportation Safety Administration (TSA), citing a persistence of low-performing employees and extra assets being spent on union exercise. "Transportation Safety Officers will not lose their hard-earned {dollars} to a union that doesn't characterize them," mentioned DHS in a press release. "This motion will guarantee People may…
Trump’s trade war with Canada and Mexico is all costs, no benefits
Amid this week's escalation of a North American commerce conflict, the inventory market has been sending a transparent sign: Cease doing this. Shares rise and fall for all kinds of causes, after all, however this week's downward spiral was largely pushed by one man: President Donald Trump. Trump's announcement on Monday of latest 25 p.c tariffs on all imports from Canada and Mexico precipitated the markets to drop instantaneously. The…
New York’s illegal prison guard strike challenges law limiting solitary confinement
A jail guard strike throughout New York, which has despatched many state-wide correctional amenities into chaos, might quickly see some officers exchanging their positions of authority for a cell themselves if they aren't capable of cement a brand new settlement. Guards mobilized the strike, which started February 17, in response to working circumstances they are saying are untenable. A deal reached final week sought to handle these considerations: It restricted…
DOGE cutting government waste is important
The Division of Authorities Effectivity (DOGE) attracts two excessive reactions from budget-focused observers. On one facet, you've cynics rolling their eyes and arguing that the really consequential downside will not be overpriced authorities boondoggles however slightly entitlements like Medicare and Social Safety and curiosity on the nationwide debt. On the opposite, you've optimists who imagine that if we simply discover and get rid of sufficient waste, fraud, and abuse, we…
What will Trump’s strategic crypto reserve look like?
President Donald Trump on March 2 announced the creation of a strategic crypto reserve to incorporate bitcoin, ethereum, XRP, solana, and cardano. Trump says that the "Crypto Reserve will elevate this crucial business" and "ensure that the U.S. is the Crypto Capital of the World." It is unclear how subsidizing demand for cryptocurrency would make the business extra revolutionary. The main points of what a crypto reserve would appear to…
No, DOGE has not identified ‘hundreds of billions’ in fraud
"We discovered lots of of billions of {dollars} of fraud," President Donald Trump claimed in his speech to Congress on Tuesday evening, referring to the cost-cutting efforts of the so-called Division of Authorities Effectivity (DOGE). That determine is way larger than the whole "estimated financial savings" reported by DOGE itself, solely a part of which it describes because of "fraud and improper fee deletion." And DOGE's estimate is itself doubtful…
Did Donald Trump stop the Green New Deal?
American power dominance was an essential theme in President Donald Trump's deal with to a joint session of Congress on Tuesday. "As you heard me say many occasions, we have now extra liquid gold below our ft than any nation on earth, and by far, and now I totally authorize essentially the most proficient crew ever assembled to go and get it. It is referred to as drill, child, drill,"…
Trump loves tariffs. Fentanyl is just an excuse.
When President Donald Trump imposed his long-threatened 25 p.c tariffs on most items from Canada and Mexico final night time, the White Home declared the commerce boundaries are obligatory "to fight the extraordinary menace to U.S. nationwide safety, together with our public well being," brought on by "the circulate of contraband medication like fentanyl into the USA." The inventory market promptly plummeted. Prime Minister Justin Trudeau announced that Canada would…
The case against Ross Ulbricht was about more than drugs
"I've had my youth, and I do know you need to take away my center years, however please depart me my previous age. Please depart a small gentle on the finish of the tunnel." In 2015, along with his sentencing listening to looming, Ross Ulbricht begged for a glimmer of hope. In the present day, at age 40, he's free. On January 21, someday into his second time period, President…
