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Jun 1, 2025 |
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America One News
5 Mar 2025
#economy
Breitbart: Trump Proposes Making Loan Payments Tax Deductible for American-Made Cars
President Trump proposed making loan payments tax deductible for American-made cars during his address to Congress, emphasizing his broader tax plan aimed at providing relief from inflation. He also suggested eliminating taxes on tips, overtime, and Social Security benefits.
Additionally, Trump reiterated his commitment to cutting taxes on U.S. production and manufacturing, promising 100 percent expensing retroactive to January 2025, and announced new tariffs on imports from Canada and Mexico.
Breitbart: Trump Describes A Bold Trade Agenda For America's 'Golden Age'
President Trump proposed a comprehensive economic plan aimed at revitalizing American manufacturing through significant tax cuts and regulatory relief. Key elements include immediate expensing for capital investments, a reduction of the business tax rate to 15%, and reciprocal tariffs on countries that impose tariffs on U.S. goods. He emphasized that the current global trading system is unfair to the U.S. and announced a 25% tariff on imports from Canada and Mexico.
Trump's initiatives are designed to encourage domestic production and attract investment from major corporations like Oracle and Apple, which are increasing U.S. manufacturing to avoid tariffs. He criticized the Biden administration's Chips Act, advocating for a market-driven approach to boost manufacturing without taxpayer spending. Trump aims to restore the American economy's strength by leveraging tariffs and tax incentives to bring jobs back to the U.S.
#culture
Le Monde: Feeling gloomy? Try this Swedish Friday night ritual
Fredagsmys is a cherished Swedish ritual that combines the joy of Friday with a sense of coziness and well-being. Families typically celebrate by enjoying a simple meal at home, such as tacos or pizza, emphasizing togetherness and relaxation after the workweek.
This practice contrasts with the more widely known Danish concept of hygge, offering a unique way for Swedes to unwind and connect with loved ones, especially during challenging times.
#health
GB News: Katie Price shares update on son Harvey after feeling 'let down' as he was removed from residential home
Katie Price has shared updates on her son Harvey, who was removed from his residential care home for being "too difficult." The 22-year-old, who has multiple health challenges, is now adjusting to life back at home while Price seeks appropriate accommodations.
She expressed frustration over the sudden change and the need to restart the search for suitable living arrangements. Additionally, Price plans to put Harvey on weight-loss injections to manage his Prader-Willi syndrome, which has led to significant weight gain. The treatment is seen as a last resort to improve his health.