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Trump Tariffs May Add $2,400 Annually to Your Family Expenses: The Details of the ‘Turbulence Tax

Recent discussions surrounding former President Donald Trump’s tariffs suggest they could impose an additional $2,400 annually on average for American families. Dubbed the “Turbulence Tax” by critics, these tariffs are expected to influence the cost of everyday goods, from electronics to clothing, as well as impact broader economic stability. While proponents argue tariffs protect domestic...

Millionaires Face Higher Social Security Taxes as Maximum Earnings Taxed Rise to Three Hundred Fifty Thousand Dollars

Starting in 2024, high-income earners in the United States will see changes to their Social Security tax obligations, as the maximum earnings subject to taxation increases to $350,000. This adjustment impacts millionaires and other top earners who previously faced a cap at lower income thresholds. The increase aims to bolster the Social Security trust fund...

The $17 Trillion Question: Economists Clash Over Trump’s Massive Global Investment Figures

Amid mounting debate, economists are sharply divided over the scale and implications of former President Donald Trump’s global investment portfolio, which reportedly exceeds $17 trillion. While some analysts view this figure as a testament to Trump’s expansive financial reach and international influence, others raise questions about its accuracy and the potential economic and geopolitical repercussions....
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