Musings on Markets: Knowledge Replace 8 for 2025: Debt, Taxes and Default

[ad_1]     There’s a motive that each faith inveighs in opposition to borrowing cash, pushed by a historical past of individuals and companies, borrowing an excessive amount of after which paying the worth, however a particular vitriol is reserved for the lenders, not the debtors, for encouraging this habits. On the similar time, in … Read more

Find out how to decrease capital positive factors on dwelling gross sales as Trump eyes ending the tax

Martin Barraud | Ojo Pictures | Getty Pictures As President Donald Trump weighs ending capital positive factors taxes on dwelling gross sales to bolster the housing market, specialists say it is attainable to decrease your invoice with out legislative adjustments. When requested in regards to the thought this week within the Oval Workplace, Trump informed … Read more

Trump floats no capital features taxes on dwelling gross sales. Who may gain advantage

U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. (not pictured), within the Oval Workplace on the White Home in Washington, D.C., U.S., July 22, 2025. Kent Nishimura | Reuters President Donald Trump stated the administration is contemplating ending capital features taxes on dwelling gross sales to spice up the housing market. When … Read more

This lesser-known 401(ok) characteristic offers tax-free retirement financial savings

Don Mason | The Picture Financial institution | Getty Photographs When you’re keen to extend your retirement financial savings, a lesser-known 401(ok) characteristic may considerably increase your nest egg, monetary advisors say.  For 2025, you’ll be able to defer as much as $23,500 into your 401(ok), plus an additional $7,500 in “catch-up contributions” if you … Read more

Trump’s ‘big beautiful bill’ adds SALT deduction ‘torpedo,’ pro says

U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC.  Matt McClain | The Washington Post | Getty Images President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known … Read more

Why ‘big beautiful bill’ doesn’t end taxes on Social Security benefits

[ad_1] Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump’s “one big beautiful bill” as “long-awaited tax relief to millions of … Read more