H.R.25, A bill to repeal the income tax

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News Date: June 24, 2020

H.R.25
A BILL To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled.
Source:https://www.congress.gov

Golden Christmas to You!

May the good times and treasures of the present become the golden memories of tomorrow. Wish you lots of love, joy, and happiness.
May you have the spirit of Christmas which is Peace, the gladness of Christmas which is Hope, and the Heart of Christmas which is Love.
Wish you a Merry Christmas and may this festival bring abundant joy and happiness in your life!
Best regards,: gesara.news

The return to the golden age. The gold standard will rise again

The New $100 Bill Will Usher In A NEW Gold Standard
It seems like today's national leaders are gradually reaching a consensus about how the world's monetary system should be structured. They are getting ready to return to a gold standard system.
Source:forbes.com

Payroll tax holiday

President Donald Trump's first executive order today provides a payroll tax holiday to Americans earning less than $100,000 per year.
The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.
Source:https://twitter.com

Jubilee Call for Debt Relief Reaches the White House

The U.S. Conference of Catholic Bishops and Jubilee USA Network urged President Trump to support global debt relief in a joint letter, citing the biblical Jubilee tradition of debt forgiveness. They argue that expanding debt relief stabilizes developing nations, boosts U.S. exports, and reduces domestic food and fuel prices. The letter, timed with a pause on new tariffs, praises Trump’s first-term debt relief efforts and frames the initiative as aligning with his “America First” agenda. While Trump hasn’t responded, the proposal’s economic benefits may appeal to him, though any commitment would likely hinge on clear U.S. advantages without straining resources.

Global political, economic, and financial restructuring

BRICS summit to discuss restructuring global political, economic architecture: S. African official.
A senior South African official said Tuesday that the BRICS summit to be hosted by the country this year will discuss how to restructure the global political, economic and financial architecture.
The 15th BRICS summit will take place this year in late August in South Africa's Durban.
Source: en.people.cn