Argentina abolishes income tax

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Date: September 15, 2023

Argentina's government, ahead of a critical October 22nd election, has surprised many by announcing a tax exemption for millions of citizens, sparing them from income tax payments.
This move, amidst rampant inflation, directly contradicts Argentina's IMF deal, causing controversy.
It's seen as a political strategy to win favor in the election, but critics worry about its impact on fiscal responsibility and economic stability.
This decision underscores the intricate relationship between economic policy and politics in Argentina and raises questions about the nation's global financial reputation.

Iran Joins Russia in BRICS Currency Initiative

Iran is collaborating with Russia in BRICS initiatives, including developing a single currency for the bloc, according to Iranian Ambassador to Russia Kazem Jalali.
He highlighted Iran's active role as a new BRICS member at the Russia-Islamic World: KazanForum.
"The creation of a new single currency within the framework of the association is what Russia and Iran are working on," the diplomat stated.

Corrupt Systems Implosion

Markets will have to absorb higher rates, and there is too much debt.
This is one of the best macro setups in history for Gold & Silver.
Precious metals will see dramatic wealth enhancement when inherently false & corrupt systems and currencies collapse under their own weight.
More money creation is just a masked form of bankruptcy in which default is "avoided" at the expense of the underlying currencies.
In such inevitable cycle-turns, the real advantage of precious metals will rest in their historical role as wealth preservation insurers.
The supply of these critical assets will make them harder to acquire.
The key, therefore, is to buy your insurance before rather than after the financial fire.
Source: youtube.com

The largest Tax Relief Package in Florida

Florida governor announces new Florida tax holidays and exemptions.
Ron DeSantis Signed the Largest Tax Relief Package in Florida History.
Florida tax relief bill focuses on saving money for families with young children.
The tax relief bill will save Floridians an estimated $1.1 billion.
Sources: fox35orlando.com

BRICS to create fairer payment mechanism

BRICS is exploring ideas to create a fairer payment system that reduces dependence on dollars, South African Foreign Minister Naledi Pandor has said.
South Africa is the current BRICS chair.
Source: indiatimes

The Revolution of Common Sense

Donald Trump has declared the start of a transformative era, proclaiming, "The golden age of America begins right now." In his inaugural address, Trump called for a "Revolution of Common Sense," unveiling plans to create the External Revenue Service to simplify taxes and the Department of Government Efficiency to cut waste and improve accountability.
Emphasizing unity, Trump stated, "My proudest legacy will be that of a peacemaker and unifier," with Russia's Vladimir Putin expressing readiness for peaceful relations.
Crediting God for his mission, Trump vowed to "make America great again" and urged citizens to "Never Ever Give Up."
With Joe Biden officially leaving Washington, Trump?s vision of reform and renewal is set to define the next chapter in American history.