122173928

‘Biggest tax increase in history’: Donald Trump warns of 68% hike if ‘One Big Beautiful Bill’ not passed; Senate in final push to pass spending bill

US President Donald Trump (File Image) US President Donald Trump warned about a potential 68% tax hike if Congress fails to pass the One Big Beautiful Bill Act (OBBBA), which focuses on budget reconciliation.“Republicans, the One Big Beautiful Bill, perhaps the greatest and most important of its kind in history, gives the largest Tax Cuts…

Read More
122167980

Canada drops tech tax: White House Says Ottawa ‘caved’ to Trump; trade talk to resume

US President Donald Trump (left), Canadian PM Mark Carney (AP) The White House on Monday said that Canadian Prime Minister Mark Carney had “caved” to pressure from US President Donald Trump, after Canada withdrew a controversial tax targeting American tech companies, a move that had triggered a freeze in trade talks.White House press secretary Karoline…

Read More
122145473

After ‘tax the rich’, Zohran Mamdani says he thinks billionaires should not exist because…

Zohran Mamdani said he frankly thinks billionaires should not exist. New York City mayoral candidate Zohran Mamdani said Sunday he doesn’t believe “that we should have billionaires” because they have too much money at time when there is a lot of economic inequality. “You are a self-described democratic socialist. Do you think that billionaires have…

Read More