Trump middle-class tax cuts benefit confirmed
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News Date: December 8, 2021
Despite what media and Dems say, Trump's tax cuts benefited the Middle Class the most according to IRS data.
Most middle-income and working-class earners enjoyed a tax cut that was at least double the size of tax cuts received by households earning $1 million or more.
The Tax reform provided the greatest benefits for the middle-income class and spurred economic growth that helped reduce poverty and improve prosperity.
Source: thehill.com
Ripple XRP joins ISO 20022 The Global Payment Standard
Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT). The new payment messaging standard is set to replace SWIFT MT messages as the standard format for cross-border and high-value payments.Source:coinspeaker.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
Russia is increasing its reserves with safe assets
According to the head of the central bank, Russia is increasing its reserves with assets that the West cannot sanction.Elvira Nabiullina, the governor of the Russian Central Bank, stated on Tuesday that Russia is increasing its foreign reserves using assets that are immune to Western sanctions.
The central bank has previously stated that it believes that cash-held foreign currency, gold, and the Chinese yuan are safe.
Fed policies will be rocket fuel for gold and silver
Fed policies that are coming soon on inflation, and interest rate suppression will be rocket fuel for gold and silver. And gold and silver are just getting started. If Bitcoin is $10,000 per unit, why cannot gold be $5,000, $10,000 or $15,000 per ounce? With the amount of dollars out there, it could easily be $5,000 or $8,000 per ounce, and that is where it is headed. The bond market will eventually collapse, but the biggest collapse coming is the faith in all fiat currencies.Sources:usawatchdog.com
The October 2020 Full Blue Moon, a higher consciousness
The October full blue moon also aligns with Mercury retrograde in Libra squaring Saturn in the sign of Capricorn. A multiplex of energies all aligned at once and hitting the earth in the light reflection of Uranus. (Moon conjunct Uranus)Expect the unexpected know that there will be twists and turns upsetting the balance of your normal rhythm. A full Blue moon is the zenith of moon power throughout the year, be sure to create and let go of your magical energy for manifestation this blue moon. The perfect time to tune into your psychic energy in preparation for a higher consciousness power-boosting download.
Sources: thriveonnews.com