The presidential race is unpredictable, but the legislative conversation in 2025 for the eventual winner is actually already determined. Nearly all of the Trump tax cuts affecting individual filers expire at the end of that year, as well as enhanced subsidies for Affordable Care Act exchanges. As I was told back in April, the near-term … Read more
The Euro-dollar EURUSD currency pair is retracing recent gains, trading around 1.0870 on Tuesday, with markets awaiting the release of the leading consumer confidence data by the European Commission later in the day. Traders expect the data to indicate an economic downturn with an expected reading of -13.2 for July, in comparison with the previous … Read more
U.S. Vice President Kamala Harris speaks during a campaign event at Westover High School in Fayetteville, North Carolina, on July 18, 2024.Allison Joyce | Afp | Getty ImagesWith President Joe Biden officially out of the election, experts are watching for tax policy from Vice President Kamala Harris, the frontrunner for the Democratic nomination.While Harris has … Read more
As the 2024 presidential election draws ever closer, Donald Trump is revealing key tax plans that could shape his government.In his campaign, Trump has championed himself as the leader of low taxes, saying he would decrease corporation taxes, increase tariffs on international imports and exempt some U.S. workers from current tax requirements.Now that the Republican … Read more
Michael Welu worked at the IRS for decades as a specialist in helping agents identify and investigate possible tax crimes. In an agency known for offices working in their own silos, Welu had the rare ability to move between divisions, dissecting and learning each office’s particular customs and procedures. But that experience had its own … Read more
The Cyprus Institute (CyI) won a Parliamentary Assembly of the Mediterranean (PAM) Award for its research and educational activities addressing the climate crisis in the Eastern Mediterranean and Middle East (EMME) region.
Fact: Martinos Aristidou is the first Cypriot to be nominated for a Daytime Emmy Award and the only Cypriot with voting privileges at the Emmys.
The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.
Nikki Haley is being considered by Donald Trump’s campaign as a potential running mate. Trump may choose Haley if he believes she can help him win the presidency, cover legal bills, and avoid a potential prison sentence. Other potential candidates for the vice president position include Doug Burgum, Kristi Noem, Marco Rubio, Tim Scott, J.D. Vance, and Elise Stefanik. Trump is not in a rush to make a decision and will not be formally nominated until the Republican convention in July.
