Trump middle-class tax cuts benefit confirmed

Gesara.news » News » Trump middle-class tax cuts benefit confirmed

Share via:

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

New financial order supported by South Africa

South Africa's president has endorsed China's proposal for a new global financial order.
Ramaphosa acknowledged that there had been huge developments in the geopolitical scene in response to a News24 inquiry on Saturday regarding China's desire for a new financial order.

Saudi Arabia joins SCO

Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow.
Saudi Arabia's cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns.
(Reuters)

Stephen Miller: DOGE Dividends to Be Settled in Congress

February 20, 2025:
Stephen Miller, White House Deputy Chief of Staff, on DOGE dividend checks:
"It's all going to be worked on through the reconciliation process with Congress."
February 19, 2025:
President Donald Trump speaks at FII Institute's Priority Summit in Miami:
"There's even under consideration a new concept where we give 20% of the DOGE savings to American citizens".

Elon Musk is reportedly considering a bold plan to distribute $5,000 checks to every American, funded by savings generated through the Department of Government Efficiency (DOGE).
Dubbed the 'DOGE dividend,' the initiative aims to return value to taxpayers following significant budget cuts and reforms.
The proposal suggests that taxpayers have long felt their hard-earned money was misused by previous administrations. By compensating them directly, the plan seeks to boost tax morale and restore confidence that their contributions are being used effectively.
Musk's idea draws inspiration from past government stimulus efforts, such as the checks issued under the Trump administration, which provided crucial support to millions.
If implemented, the DOGE dividend could mark a new chapter in government accountability and efficiency, reflecting Musk's vision of streamlining operations while ensuring citizens benefit directly from fiscal improvements.
Details on how the plan would be funded and executed are still emerging, but the proposal has already sparked widespread discussion about the role of government spending and taxpayer value.

Australia closer to a cashless society

Australia's big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society.
Sources:www.dailymail.co.uk, www.atmmarketplace.com

Gold Is the Most Stable Currency

If gold didn't retain its purchasing power, why would long-term investors and central banks store it in their vaults for decades? Hardly is gold used for industrial applications, so, again, why hold large stocks of gold if it would lose its value over time? The truth is that gold retains its value, and the stability of gold's purchasing power in the long-term is the main reason to own it.
Sources:finance.yahoo.com