TAX

Advertisement
Jun 29 2025BUSINESS

G7 Makes a Deal: US Gets a Tax Break, Others Compromise

The G7 recently made a big decision. They agreed to let the US off the hook on a global minimum tax. This tax was supposed to apply to all big companies worldwide. The idea was to make sure everyone pays their fair share. But the G7 said the US doesn't have to follow this rule, at least not right no

reading time less than a minute
Jun 29 2025POLITICS

Musk vs. Trump: A Clash Over Jobs and the Future

Elon Musk, the head of Tesla and SpaceX, has once again spoken out against President Donald Trump's massive tax and spending cuts bill. He believes this bill, which Senate Republicans are trying hard to pass, will lead to job losses and hurt growing industries. Musk shared his thoughts on X, saying

reading time less than a minute
Jun 29 2025TECHNOLOGY

Tesla's Self-Driving Model Y Makes History

Tesla has achieved a significant milestone with its first fully autonomous vehicle delivery. A Model Y drove itself from the Austin factory to a customer's home, a journey of about 30 minutes. This event took place just before the CEO's birthday, adding a personal touch to the achievement. The comp

reading time less than a minute
Jun 29 2025POLITICS

Tax Break Trouble: GOP's Rush to Meet Trump's Deadline

The Senate is working through the weekend. Republicans are trying to pass a big tax and spending bill by July 4th. This is President Trump's plan. The bill is huge, with 940 pages. It includes tax cuts and spending reductions. But not everyone in the GOP agrees with the cuts, especially to Medicaid

reading time less than a minute
Jun 28 2025POLITICS

Senate Republicans Push for Big Changes in Spending and Tax Bill

Senate Republicans have introduced a revised spending and tax cut bill that includes many of President Trump's domestic priorities. This bill, which is set to be voted on soon, aims to extend Trump's 2017 tax cuts and increase funding for border security, defense, and energy production. However, the

reading time less than a minute
Jun 28 2025ENVIRONMENT

Mexico's Meat Tax: A Step Towards Healthier Eating?

Mexico is facing a big problem with how much red and processed meat people eat. Experts say this isn't good for health or the environment. So, they're thinking about taxing meat to get people to eat less of it. First, let's talk about why this is important. Eating too much red and processed meat ca

reading time less than a minute
Jun 27 2025BUSINESS

US Treasury Seeks to Remove a Controversial Tax Rule

The US Treasury has made a request to Congress to eliminate a specific part of Donald Trump's budget plan. This part, known as Section 899, was meant to impose extra taxes on investments from certain countries. The Treasury believes this rule is no longer necessary because of a recent agreement with

reading time less than a minute
Jun 26 2025POLITICS

Small Businesses Get a Boost: What's in the New Bill?

Small businesses have faced tough times lately. High costs and strict rules have made it hard for them to grow. But now, there's a new bill that could change things. This bill, called the One Big Beautiful Bill, aims to help small businesses and workers. It includes tax cuts and fewer regulations. O

reading time less than a minute
Jun 25 2025TECHNOLOGY

Tesla's Robotaxi Launch: A Bumpy Ride for Safety and Regulations

Tesla's latest Robotaxi launch has sparked concerns and caught the attention of regulators. The National Highway Traffic Safety Administration (NHTSA) reached out to Tesla after videos surfaced online showing the autonomous vehicles behaving strangely and potentially breaking traffic rules. The lau

reading time less than a minute
Jun 25 2025TECHNOLOGY

Tesla's Robotaxis: A Bumpy Ride So Far

Tesla's robotaxis have hit the road, but not without a few hiccups. Early users and fans are sharing their experiences, and it turns out, the rides aren't always smooth. One big issue is "phantom braking. " This is when the car stops suddenly for no clear reason. It seems the car's cameras are havi

reading time less than a minute