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The Trump transition team is compiling a list of senior current and former U.S. military officers who were directly involved in the withdrawal from Afghanistan and exploring whether they could be court-martialed for their involvement, according to a U.S. official and a person familiar with the plan. The Trump transition team did not immediately respond to a request for comment. Afghan applicants crowd into the Herat Kabul Internet cafe seeking help applying for the Special Immigrant Visas program in 2021 in Kabul, Afghanistan. It’s not clear the Trump administration would pursue treason charges, and instead could focus on lesser charges that highlight the officer’s involvement. A military transport plane launches while Afghans who cannot get into the airport to evacuate are stranded in Kabul, Afghanistan, in 2021.
Persons: , Matt Flynn, Paula Bronstein, Donald Trump, , Joe Biden, Biden, Pete Hegseth, ” Hegseth, Marcus Yam, capitulating, It’s, Trump, Howard Lutnick, George Floyd Organizations: Trump, U.S, U.S ., Biden, Fox News, Warriors, Pentagon, Kabul International Airport, Los Angeles Times, Getty, Islamic State, NBC, Democratic Locations: Afghanistan, U.S, Herat Kabul, Kabul, United States, Syria
Busy calendars can be seen as a status symbol yet can lead to burnout, an executive coach told BI. It's not uncommon for Brandon Dock to hear from execs that they're too busy to meet. "So you could either be busy every day for the next five weeks, as you claim, or you could take a half hour," Dock said. "If you have a very busy calendar, some workers use this as a status symbol," Leussink said. "I have a couple of clients that are really going through some pretty heavy burnout right now, based on their calendars," Walker said.
Persons: Brandon Dock, they're, Dock, Joep, Leussink, Kate Walker, Walker, she's, execs, Ethan Kross, who's, Kross, he'd, hadn't, what's, It's, " Kross Organizations: Workers, Control, University of Michigan Locations: AddEvent, San Francisco, we're
Senegal votes for lawmakers in test for new president
  + stars: | 2024-11-17 | by ( ) www.cnbc.com   time to read: +2 min
A voter casts his ballot at a voting station in the fishing village of Ndayane on Nov. 17, 2024, during Senegal's parliamentary elections. Senegal headed to the polls on Sunday to vote in legislative elections that the president hopes will give his party a clear majority and the means to implement an ambitious agenda for reforms. The West African nation saw some of the worst political violence in recent history ahead of the presidential election in March. The new president, Bassirou Diomaye Faye, has promised to help, but his government is grappling with slower-than-projected growth and a worsening budget deficit. The main threat to his party Pastef's ambitions is the unexpected alliance of two opposition parties, including the Republic party (APR) headed by the former Prime Minister Macky Sall.
Persons: Bassirou Diomaye Faye, Macky Sall, Dakar's, Barthelemy Dias Organizations: Republic, Pastef Locations: Ndayane, Senegal
Insider Today: Uncle Elon vs. Uncle Sam
  + stars: | 2024-11-17 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
He talked to Business Insider about facing the "vacuum of death" in just a spacesuit. On the agenda today:Related VideoBut first: The world's richest man takes on the world's biggest government budget. Walking the DOGEXAOC/Getty, The Washington Post/Getty, t_kimura/Getty, Tyler Le/BIElon Musk made his name and fortune disrupting antiquated industries. AdvertisementBI secured access to an internal Tesla pay database, revealing the company's high-risk, high-reward system. The pay structure is ultimately part of CEO Elon Musk's quest to hire the most "hardcore" employees.
Persons: Jared Isaacman, XAOC, Tyler Le, Elon Musk, he's, Musk, Tesla, Reagan, Clinton, Jordan Strauss, Rebecca Zisser, Elon, Robot, Anna Kim, Getty, Michael Ostuni, , Fiona Carter, Natalie Ammari, Sylvia Yeh, Goldman Sachs Organizations: Business, SpaceX, The Washington Post, Elon, of Government Efficiency, Twitter, Big Government, Big Tech, Tesla, Forward Press, Goldman, Corporate America
People always ask me why I dislike parabolic moves. In other words, parabolic moves force you to be a trader. I will fight no one who wants to buy Palantir because I sense that one will be the last name to go down. But parabolic moves are intoxicating. If we just had the 10-year bond move to 5%, I wouldn't even bother addressing the hidden dangers behind parabolic moves.
Persons: , it's, Nvidia disappoints, Elon Musk, Robert F, Kennedy Jr, that's, Buffett, Warren, didn't, Fox, Richard Nixon, there's, Jim Cramer's, Jim Cramer, Jim, Alex Karp, Stefani Reynolds Organizations: York Stock Exchange, Nvidia, GameStop, SpaceX, RFK Jr, Health, Human Services Department, Apple, Amazon, Fox News, Republicans, Justice Department, Nuclear ETF, Jim Cramer's Charitable, CNBC, U.S, Senate, Intelligence, Capitol, Washington , D.C, Afp, Getty Locations: There's, Washington, Washington ,
But many Republicans and Gaetz allies have touted his aggressive style as an essential attribute for an attorney general. The president-elect filled some of those spots Thursday evening, appointing a series of his own personal lawyers to run key sections of the Justice Department. Trump also announced his selection of Emile Bove, another member of his criminal defense team, to be principal associate attorney general. Now, while some of his colleagues in Congress expressed skepticism of his pick as attorney general, they said they are prepared for a detailed confirmation process. As attorney general, Gaetz would be in control of the FBI investigative files that detail the evidence the bureau uncovered.
Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, there’s, John Morgan, doubters, Morgan, ” Morgan, , General Merrick Garland, Joe Biden, Todd Blanche, Emile Bove, , AnchorsGordon didn’t, Lawrence “ Larry ” Keefe, Keefe, Ron DeSantis, Feedback Sen, Klobuchar, , Michael Cohen, Sen, Rick Scott, ” Gaetz, Hunter, Hank Johnson, Kevin McCarthy, Liz Cheney, Gaetz didn’t, South Carolina Sen, Lindsey Graham, Bill Barr, Joel Greenberg, CNN’s Kristen Holmes Organizations: CNN, Justice Department, Trump, Florida Republican, Prosecutors, Federal Bureau of Investigation, Alcohol, Tobacco, Firearms, Explosives, Drug Enforcement Administration, Democrats, Capitol, Senate, Panhandle Republican, Truman, Florida State University, & Mary Law School, AnchorsGordon, Florida Panhandle, Partners, Florida, Northern, Northern District of Florida, Vineyard, Tallahassee statehouse, Republican, Florida Bar, Florida Republicans, Washington Elected, White, Republican Party, House Republican, Union, House Intelligence, Democratic, Judiciary Committee, FBI, South, Garland’s Justice Department Locations: Congress, United States, Trump’s, Florida, Gaetz, Manhattan, Northern District, Texas, Tallahassee, Washington, Wyoming, South Carolina
5 things we're watching in the stock market in the week ahead
  + stars: | 2024-11-17 | by ( Zev Fima | ) www.cnbc.com   time to read: +10 min
October retail sales, released Friday morning, came in slightly ahead of expectations, indicating a 0.4% monthly increase, versus a 0.3% increase expected. Disney's reported strong earnings and its stock advanced more than 16% for the week as a result. In the week ahead, we will get earnings from three Club names, including the highly anticipated quarter from Nvidia, and a couple of housing market-related updates. The Street is looking for Nvidia sales of $33.1 billion in its fiscal Q3 and earnings of 75 cents per share. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Donald Trump, Friday's, Jerome Powell, Powell, That's, YTD We're, we're, Jensen, Trump, Nvidia's, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Dow, Nasdaq, Federal, Fed, Disney, Depot, Nvidia, TJX Companies, Home Goods, Blackwell, Palo Alto Networks, Home Depot, Stanley, Walmart, Viking Holdings, Sonoma, WSM, Baidu, PDD Holdings, Deere & Co, Warner Music Group, Intuit, Ross Stores, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Maxx, U.S, China, Palo, VIK, Williams, New York City
Crypto super PACs spent heavily on Republicans as well as key Democrats, including two who won open seats in the US Senate, Elissa Slotkin in Michigan and Ruben Gallego in Arizona. How Washington regulates the industry has enormous consequences for this burgeoning sector, along with the 52 million Americans who now hold digital assets. “The strategy is to have as many conversations with as many people in the Trump orbit as possible so that everyone has an understanding of what the crypto industry is most interested in,” she said. They also helped finance Fairshake, a crypto industry super PAC launched last year that was active in congressional contests. An industry super PAC spent $40 million to back to Republican Senate candidate Bernie Moreno in Ohio, who ousted three-term Democratic Sen. Sherrod Brown.
Persons: Donald Trump, Gary Gensler, Biden, Crypto, Elissa Slotkin, Ruben Gallego, Sam Bankman, “ Crypto, ” Kristin Smith, we’ll, that’s, ” Smith, , Smith, Dan Gallagher, Paul Atkins, Atkins, Gallagher, Bitcoin, Trump, , It’s, Barron, Steve Witkoff, multibillionaire Elon Musk, Cantor Fitzgerald Howard Lutnick, Carlos Barria, Reuters Howard Lutnick, Cantor Fitzgerald, Marc Andreessen, Ben Horowitz –, Sergio Gor, Andreessen, , Tyler, Cameron Winklevoss, Musk, Katie Porter, Massachusetts Sen, Elizabeth Warren, Porter, Adam Schiff, Bernie Moreno, Democratic Sen, Sherrod Brown, Brown, Moreno, Colin McLaren, ” Robert Weissman, Andreessen Horowitz, Kara Calvert, CNN’s David Wright Organizations: CNN, Trump, Securities, Exchange Commission, Industry, Crypto, Blockchain Association, SEC, Token Alliance, Liberty, Liberty Financial, of Government, Republican, Reuters, Venture, Biden, PAC, Democratic Rep, Democratic, Banking Committee, Commodities Futures Trading Commission, Cedar Innovation Foundation, Consumer, Public Citizen Locations: Washington, Michigan, Arizona, Madison, New York City, U.S, America, Bitcoin, Massachusetts, California, Ohio
AdvertisementThe tariffs Donald Trump proposed while campaigning could help create US semiconductor jobs. To be sure, the impacts of a tariff policy on chips could be mixed. He said that the federal government should have implemented tariffs instead to motivate global chipmakers to build more factories in the US, which would then create jobs. AdvertisementTo be sure, the impacts of a tariff policy on chips could be mixed. In August, the White House said that investments supported by CHIPS Act funding would help create 115,000 construction and manufacturing jobs.
Persons: Donald Trump, podcaster Joe Rogan, Trump, Jeff Koch, SemiAnalysis, Patrick Moorhead, Jeff Ferry, Ferry, Stephen Ezell, Ezell Organizations: US, Industry, Biden, Samsung, Coalition for, Prosperous, Semiconductor Industry Association —, Intel, Information Technology, Innovation Foundation, Apple Locations: Taiwan, China, South Korea, Prosperous America, Arizona, India, United States
Snyder shares his top 4 takeaways after making the switch from a white to blue collar job. If your Sunday evenings are tainted by the thought of clocking into work the next morning, you're not alone. Snyder, now 43 years old, has been an electrician for the last six years, and he's never looked back. Advertisement"As a union electrician, my life is a million times better," he said. If he's on the hunt for a new job, Snyder doesn't have to apply individually and interview — the union helps facilitate matching available jobs to union members looking for work.
Persons: Dustin Snyder, Snyder, he's, it's, who's, Snyder doesn't, I'm, Christine, cji Organizations: Bureau of Labor Statistics, AFL, Brotherhood of Electrical Workers Locations: Seattle
AdvertisementFormer Google CEO Eric Schmidt said companies need "divas" in order to build brilliant products. Schmidt gives the example of Steve Jobs as a difficult yet brilliant diva. Steve Jobs was a diva — and that's exactly what you want for a successful company, former Google CEO Eric Schmidt said. One such example of a famously tough genius was Apple cofounder Steve Jobs, who Schmidt said was "clearly" a diva. "They're not trying to do the right thing; they're trying to benefit themselves at the cost of others."
Persons: Eric Schmidt, Schmidt, Steve Jobs, , Jonathan Rosenberg, Jobs, Google execs, They're, Rosenberg Organizations: Google
Americans are determined to travel this holiday season — and certain workarounds are helping them take those trips. This flexibility allows workers to take trips they might not otherwise, or stretch their trips for longer, according to the survey. The change in laptop luggers is "a pretty high jump. "The value to U.S. workers of being able to work from anywhere has clearly grown over the course of the great remote work experiment," she said. "People are willing to cut corners to save money, but they don't want to skip the trip entirely," said Ted Rossman, an industry analyst at Bankrate.
Persons: Gen Zers, Eileen Crowley, Julia Pollak, Ted Rossman Organizations: Deloitte, Finance, ZipRecruiter
AdvertisementAvi Singh and Rishi Rajpal left their stable jobs to open a New York City cocktail bar in 2019. This as-told-to essay is based on a conversation with Avi Singh, 30, and Rishi Rajpal, 34, the co-owners of Sama Street, and David Muhs, 40, the head bartender at Sama Street. We wanted Sama Street to be based on our upbringing and experiences. AdvertisementWe opened Sama Street in 2019David: We learned so much during that process. But Sama Street is in Greenpoint, a very close-knit neighborhood, so our regulars showed up for us.
Persons: Avi Singh, Rishi Rajpal, David Muhs, Jake, Kristyn Cook, Avi, Rishi, Alex Staniloff, David, We've, It's Organizations: Emory, Excel Locations: New York City, Sama, New Delhi, India, Atlanta, New York, Greenpoint
How different a commander in chief will Trump be?
  + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com   time to read: +27 min
On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.
Persons: sneezes, Trump, Donald Trump’s, Joe Biden, , Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, , Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, , Korean, North Korean
Google AI specialist Yann AïtBachir suggests building a strong foundation in technical skills. This as-told-to essay is based on a conversation with Yann AïtBachir, an AI specialist at Google based in Singapore. Just under two months ago, I started working as an AI specialist at Google. AdvertisementCome in with strong technical skillsWhile I studied AI 20 years ago, the fundamentals haven't really changed. You need to specialize in one area of AI because it's quite a wide scope with generative AI, predictive AI, and natural language.
Persons: Yann AïtBachir Organizations: Big, Google, Big Tech Locations: Big Tech, Singapore
CNN’s national exit polling this year found that immigration was a strong issue for Trump in this election, but it doesn’t suggest a mandate for mass deportation. Voters gave Trump a roughly 9-point advantage over Vice President Kamala Harris on trust to handle immigration, according to the latest data. Complicating those findings is the fact that polling this year has found widely disparate levels of support for deportation. Surveys that ask respondents to choose between deportation and a path to citizenship, meanwhile, often find more support for the latter. Regardless of framing, however, national polls agree on a rise in support for deportation policies over recent years, coupled with a broader increase in nativist sentiment.
Persons: Donald Trump, , Trump, Kamala Harris, Harris, , , Michael Tesler, Joe, Biden, CNN’s Henry Gertmenian Organizations: CNN, Trump, Voters, Gallup, Marquette Law School, CBS, Pew Research Center Locations: United States, Marquette, U.S
We had no income tax, and all we had was tariffs.”That’s why some Wall Street titans are trying to push for Bessent. Kyle Bass, a billionaire hedge fund investor at Hayman Capital Management, said Lutnick doesn’t have the composition to lead the Treasury. “Scott Bessent is eminently more qualified than Howard Lutnick to run the U.S. Treasury,” Bass posted on X Wednesday. A full week after appearing to decide on nominating Bessent, Trump interviewed him again at Mar-a-Lago. A key Cabinet player, the Treasury secretary advises the president on economic and fiscal matters, including spending and taxes.
Persons: Donald Trump, Elon Musk, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent, ” Musk, , Bessent, , Kyle Bass, Lutnick doesn’t, “ Scott Bessent, ” Bass, “ Scott, I’ve, Bass, Dan Loeb, Scott Lincicome, Lutnick, , Cheney, Lutnick —, Dick Cheney’s, George W, Tennessee Sen, Bill Hagerty, Larry Kudlow, Kudlow, Steven Mnuchin, Mnuchin Organizations: CNN, Trump, , Wall, Fox News, titans, Hayman Capital Management, Treasury, U.S . Treasury, Cato Institute, Federal Reserve, Peterson Institute for International Economics, National Economic Council, America, Policy Institute, Fox Business, Bessent, Mar, Republicans, Treasury Department Locations: America, United States
The main control room of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. (Take a deeper look inside the Three Mile Island nuclear power plant here.) Part of a control panel at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. A cooling tower at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. The turbine deck of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.
Persons: Danielle DeVries, Trevor Orth, Chris Crane, Constellation, Bryan Hanson, Hanson, Holtec, Mike Goff, Thomas Mehaffie, Tom Mehaffie, Mehaffie, Mehaffie's, PJM, Mark Christie, Alistair Speirs, Speirs, Ryan Levine, Levine, CNBC Hanson Organizations: CNBC MIDDLETOWN, Constellation Energy, Nuclear Regulatory Commission, Constellation, NRC, CNBC, Crane Clean Energy, Microsoft, Google, U.S . Unit, Energy Solutions, Unit, of Nuclear Energy, Department of Energy, Pennsylvania, Construction, Federal Energy Regulatory Commission, CNBC Federal, Nuclear Regulatory, Citi, General Electric Locations: Middletown , Pennsylvania, Pa, United States, U.S, Baltimore, Exelon, Michigan, Pennsylvania, Harrisburg
AdvertisementAn Idaho couple retired with a net worth of over $2 million by living frugally and making smart investment choices. Richard learned investment strategies later in life after losing thousands in the dot-com bubble. He worked and lived frugally while attending the University of Illinois, which he said cost just $173 his first semester. Advertisement"I haven't been a disciplined, smart investor throughout my life, but I have always lived frugally," Richard said. In retirement, Richard has produced over 70 books about his hometown, American history, and trail guides.
Persons: Richard, weren't, wasn't, it's, I've, He's Organizations: University of Illinois, Air Force, Social, Social Security Locations: Idaho, Illinois, Sacramento, Airbnbs
AdvertisementRandy McCabe left Google, and now he has earned over $1 million in five years on Fiverr. This as-told-to essay is based on a conversation with Randy McCabe, a 36-year-old freelancer, digital marketing agency owner, and former Google employee from Seattle. I found a new job, then I gradually started taking freelance digital marketing gigs on the side and later created my digital marketing agency. AdvertisementWorking for companies stressed me outAfter Google, I joined the cybersecurity startup Skybox Security as a digital marketing manager. One of the toughest challenges in transitioning from corporate to freelance work was the uncertainty of not having a guaranteed monthly paycheck.
Persons: Randy McCabe, McCabe, It's, I've, Fiverr, I'd, COVID, I'm, Tess Martinelli Organizations: Google, Fiverr, Agency, Big Tech Locations: Seattle, Skybox, tmartinelli
AdvertisementI had to pay my way through college, so I looked forward to helping my daughters pay for school. My financially devastating divorce made it impossible to help them as much as I planned. I feel guilty that I can't help them, but I'm trying my best. As a first-generation college student, earning a bachelor's degree completely changed my life. I feel guilty for not being able to help my college-age daughtersSo it's hard not to feel guilty that I can't support them more financially.
Persons: They're, they're Organizations: Citadel Locations: Seattle
I left my family, friends, and home state of Minnesota and moved abroad to the UK in 2016 in the name of love. My now ex-husband was British, and I'd finally been granted a spouse visa to live with him shortly after we eloped. Between my original spouse visa, which I obtained in 2016, and my spouse visa renewal in 2019, I spent about $6,300 today. AdvertisementSince I've been divorced, I've rebuilt my life, embarked on a new career, and even moved abroad twice more — to Australia and, most recently, New Zealand. If I hadn't moved abroad to the UK for love, it wouldn't have shown me how strong I really am.
Persons: I'd, , I've Locations: Minnesota, British, Australia, New Zealand
For some, the fear of tariffs means stocking up on cars, skincare, and hair products. But following Donald Trump's presidential election victory, Hull heard that car costs could surge if his tariff plans are enacted. On the campaign trail, Trump proposed a 60% tariff on imports from China and 10% to 20% on goods from other countries. AdvertisementConsidering the larger scale of Trump's proposals this time around, trade experts have identified goods, including car parts, apparel, and electronics, as products at risk of getting more expensive under Trump's tariff proposals. With so much uncertainty regarding Trump's tariff proposals, it's difficult to plan.
Persons: Donald Trump, Kristen Hull, Donald Trump's, Hull, Trump, She's, I'm, Indi Dutta, Gupta, Karoline Leavitt, Vance, she's, Dutta, Marissa Garcia, Trump's, Peterson, Garcia, Beatrice Barba, Barba, Lisa Evans, Jonathan Gold, it's, Ford Organizations: Biden, Hull, Business, Georgetown University, Roosevelt Institute, Trump, Discovery, American Progress, National Retail Federation, jkaplan Locations: China, Columbia, Southern Indiana, Jacksonville , Florida, Los Angeles
Trump made a lot of tax promises. Can he keep them?
  + stars: | 2024-11-16 | by ( Tami Luhby | ) edition.cnn.com   time to read: +7 min
Although Trump claims that his plan to raise tariffs will replace the revenue lost to these tax breaks, experts say that’s not possible. President-elect Donald Trump's tax proposals could cost trillions of dollars. In addition to eliminating taxes on certain income, Trump also floated making interest paid on car loans fully tax deductible; getting rid of the controversial cap on state and local tax deductions; ending the double taxation on Americans who live abroad; exempting police officers, firefighters, veterans and active-duty military from federal income tax; and even exploring jettisoning the federal income tax itself. Though his campaign didn’t release details on the proposal, Trump indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. Virtually all tipped workers would get some tax relief if Trump also gets rid of payroll taxes on tips, the Tax Policy Center found.
Persons: Donald Trump, ” Karoline Leavitt, Trump, Marc Gerson, Miller, , Gerson, Donald Trump's, Jabin, Idaho Sen, Mike Crapo, Mandi Critchfield, Spokespeople, Jason Smith, Chris Campbell, ” Campbell, Republican Sen, Ted Cruz of, Byron Donalds, “ Sen, Brendan Duke Organizations: CNN, Social Security, Trump, GOP, , Fox News, Capitol, Washington D.C, Republicans, Washington Post, Getty, Senate, Missouri Rep, Republican, Incamera Solutions, Yale University, Center, Rep, Center for American Progress Locations: Washington, Idaho, Nevada, Ted Cruz of Texas, Florida
Here are seven ways a Trump administration could affect your personal finances. During Trump’s first term, the 2017 Tax Cuts and Jobs Act temporarily expanded the child tax credit from $1,000 to $2,000. “He will deliver.”TaxesThe Trump administration is expected to focus on extending tax cuts introduced by the Tax Cuts and Jobs Act that are set to expire in 2025. The Trump administration wants to “promote choice and competition” and make health care more affordable, according to his policy platform. The Trump administration will likely cut red tape to encourage business and real estate developments.
Persons: Donald Trump, he’d, Trump, JD Vance, Maria Castillo Dominguez, , Karoline Leavitt, Vance, , ” Leavitt, Alan Auerbach, Social Security Trump, Biden, Berkeley’s Auerbach, Joe Biden’s, ” Auerbach, “ They’re, , Trump’s, Auerbach, Sarah Lueck, ” Trump Organizations: CNN, Social Security, Jobs, Valoria Wealth Management, Trump, Urban, Brookings Tax, Tax, UC Berkeley, Center, enrollees, Republicans, Public, Consumer, National Retail Federation, Health, Republican, Center for Budget, Medicare, it’s, Housing
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