THREAD: bidens billionaire tax why wall street
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FRANKIE DETTORI’S TAX Troubles: The Risk of Trusting Advisors
— Italian jockey FRANKIE DETTORI is working with Britain’s tax authorities after losing a legal fight to keep his name private in a tax dispute. His case involves HM Revenue and Customs (HMRC), which denied him certain income tax deductions. A judge initially granted him anonymity, but this was overturned on Monday.
Dettori expressed frustration, saying he relied on professional advisers who assured him their financial structure was HMRC-approved. However, HMRC later challenged this setup, leading to the current dispute. Dettori has since dismissed his former advisers and hired new ones to address the issue quickly.
Hui Ling McCarthy, representing HMRC, emphasized that public figures like Dettori cannot avoid scrutiny simply because they prefer privacy in their affairs. The principle of open justice remains paramount despite personal preferences for anonymity in such cases.
TRUMP’S Surge: Why Hispanic Voters Are Embracing Him
— CBS News Executive Director of Elections and Surveys, Anthony Salvanto, highlighted Donald Trump’s rising support among Hispanic neighborhoods in Philadelphia. Despite Trump’s past rhetoric, many Hispanics feel he isn’t targeting them negatively. This perception is shifting some Latino voters toward Trump.
A poll revealed that two-thirds of surveyed Latinos believe Trump wasn’t referring to them when discussing immigrants. Additionally, half of foreign-born Latinos shared this sentiment. These findings suggest a growing acceptance of Trump among Hispanic communities.
While Latinos predominantly lean Democrat, Trump’s messaging on the economy resonates with many in this demographic. His approach appears to offer a sense of belonging similar to that extended to white voters. This strategy could be pivotal for his future campaigns as he continues to engage with diverse voter groups.
ISRAEL Stands Firm: CEASE-Fire Talks with Hamas HIT a Wall
— The latest cease-fire talks in Cairo between Israel and Hamas have ended without any agreement. Prime Minister Benjamin Netanyahu is standing firm against global pressure to stop military actions, calling Hamas’s demands “extreme.” Defense Minister Yoav Gallant accused Hamas of not being serious about peace and hinted that Israel might step up its military actions in Gaza soon.
During the discussions, Hamas emphasized that stopping Israeli aggression is their top priority. Despite some initial signs of progress, the situation remains tense with ongoing threats to peace efforts. Notably, Israel did not send a delegation to the recent negotiations, while Hamas consulted with intermediaries in Qatar before returning to Cairo for more talks.
In another development, Israel has shut down Al Jazeera’s local offices, accusing the network of anti-Israel incitement. This action has drawn attention from Netanyahu’s government but does not affect Al Jazeera’s operations in Gaza or the West Bank. Meanwhile, CIA chief William Burns plans to meet with regional leaders to try and mediate the conflict.
The closure of Al Jazeera’s offices and upcoming meetings by CIA chief William Burns highlight the complex dynamics at play as international actors seek ways to stabilize the region amidst ongoing tensions between Israel and Hamas.
SHOCKING Truth Revealed: MAJORITY of Americans Support Border Wall, New Poll Discloses
— A recent poll surveying 40,513 U.S. adults has revealed a surprising fact: half of the respondents are in favor of building a border wall. This majority includes not only typical conservative demographics but also groups such as black and Hispanic Americans, women, and independents.
The data shows that 45% of black Americans polled support the idea of a wall, compared to just 30% who oppose it. Hispanic support for the wall is at 42%, marginally outnumbering those against it at 40%. These figures could potentially cause concern for Democrats who have traditionally relied on these demographics for support.
The poll also reveals significant backing from women and independents. Among female respondents, supporters outnumber opponents by nine points (45-36). Independents show an even stronger pro-wall sentiment with an eleven-point lead (44-33). Support appears to be widespread across all regional demographics — even in the traditionally Democrat-leaning Northeast where backing stands at a surprising 49%.
Leading this wave of support is the South with over half (51%) favoring border wall construction. These findings could be game-changers in political strategies as they indicate broad-based endorsement for what has been primarily seen as a MAGA Republican priority.
NEW YEAR’S EVE Revelations: Bidens Discuss Holiday Cheer and 2024 Ambitions
— During a New Year’s Eve interview with Ryan Seacrest, President Joe Biden and First Lady Jill Biden opened up about their holiday festivities and future aspirations. The chat was part of Dick Clarke’s New Year’s Rockin’ Eve show, which had a friendly atmosphere but wasn’t devoid of political implications.
President Biden took the opportunity to highlight his administration’s achievements, with a special focus on job creation. He proudly pointed out the resurgence of factory jobs that were once outsourced overseas. The President claimed that since his inauguration, his administration has been responsible for creating 14 million jobs.
Furthermore, Biden expressed his desire for Americans to appreciate their nation’s current strength as we usher in the new year. He hopes this awareness will spur unity and progress as we approach 2024.
ELF BAR Exposed: The Shocking Truth Behind the World’s Top E-Cigarette and Its Billion-Dollar TAX Scam
— In just two years, Elf Bar, a flashy vaping gadget, has skyrocketed to global prominence as the leading disposable e-cigarette. Not only has it raked in billions in sales, but it has also become a favorite among underage American teens who vape. Last week saw the first public confiscation of Elf Bar products by U.S. authorities during an operation that seized 1.4 million illegal flavored e-cigarettes from China.
The confiscated goods were worth $18 million and included brands beyond Elf Bar. However, public records and court documents disclose that Chinese e-cigarette manufacturers have smuggled in products valued at hundreds of millions while adeptly circumventing customs duties and import fees. These firms frequently mislabel their shipments as “battery chargers’ or ”flashlights', thereby hampering efforts to control teen vaping in America.
Eric Lindblom, a former FDA official, lambasted regulatory approaches towards disposables as “very weak”, allowing this issue to spiral out of control. Meanwhile, fruit-and-candy-flavored disposables have flooded into America following China’s ban on vaping flavors last year under the pretense of safeguard
Biden’s APPROVAL RATINGS Dive: Is Inflation to Blame?
— President Biden’s popularity is taking a serious hit, largely due to the ongoing inflation crisis. Recent polls indicate a steep drop in public support, with many pointing fingers at his economic strategies as the root cause of the current predicament.
The escalating cost of living and soaring gas prices are fueling widespread dissatisfaction. Detractors argue that Biden’s economic management style has directly contributed to these problems.
Moreover, there is mounting unease about how the administration is dealing with foreign policy issues, especially concerning China and Russia. These concerns have further dented the president’s approval ratings.
As we inch closer to mid-term elections, these statistics could spell potential disaster for Democrats. The party will need to pull out all stops to rebuild public trust and restore faith in their leadership abilities.
PEACE at RISK: Biden’s Push for Palestinian Consulate Jeopardizes Israel-Saudi Talks
— Last month, President Joe Biden and Israeli Prime Minister Benjamin Netanyahu held a meeting. The focus was on encouraging peace talks between Israel and Saudi Arabia. Notably, these discussions did not necessitate the establishment of a Palestinian state — a significant shift in Middle East policy. Crown Prince Mohamed bin Salman of Saudi Arabia also appeared to ease his position on the Palestine issue.
However, recent reports suggest that the Biden administration may be jeopardizing this potential peace accord. They are insisting on establishing a new Palestinian consulate in Jerusalem. This move could effectively split Jerusalem between Israel and Palestine, overturning policies set by President Donald Trump and breaking bipartisan commitments to keep the city united.
Israeli news outlet Israel Hayom has reported growing frustration among Israeli and Saudi officials with Washington’s overemphasis on concessions for Palestinians. Insiders familiar with the ongoing negotiations suggest this focus is impeding potential progress.
The primary hurdle seems to be defining the specifics of a U.S.-Saudi defense agreement. This includes whether nuclear enrichment will be allowed on Saudi soil — an aspect that Israel appears willing to accept for comprehensive peace.
Immigration CRISIS: Biden’s Policies Cause SURGE at Border
— The number of people attempting to cross the US-Mexico border has seen a dramatic increase recently. This surge is believed to be a result of President Biden’s immigration policies.
Many believe that Biden’s decision to reverse several of Trump’s immigration policies has led to this increase. Critics argue that these changes have encouraged more people to attempt the risky journey.
In response, the White House has defended its policies, stating they are more humane and fair than those of the previous administration. However, this defense has done little to quell concerns about the rising numbers at the border.
As we move forward, it remains unclear how this situation will evolve. What is clear though is that immigration will continue to be a hot-button issue in American politics.
Biden’s Approval Rating PLUNGES to Record Low: Is INFLATION to Blame?
— A recent Gallup poll reveals a new low for President Joe Biden’s approval rating. Amid escalating inflation and economic unease, the President’s popularity is dwindling.
The survey shows a mere 40% of Americans giving the nod to Biden’s job performance — the lowest since he assumed office in January 2021.
The soaring cost of goods and services is hitting American households hard, leading to financial stress and discontent with the current administration.
This steep decline in approval could spell trouble for Democrats in the forthcoming midterm elections. If this trend persists, Republicans may seize control of Congress come November.
NET NEUTRALITY Revival Pushed by Biden’s New FCC Pick: The Real Impact on Telecom Companies
— Following the unsuccessful Senate endorsement of Gigi Sohn, President Biden has now confirmed Anna Gomez as the new commissioner for the Federal Communications Commission (FCC). This appointment breaks a 2-2 deadlock at the Commission. In response, Democrats and progressive nonprofits have begun to advocate for the return of Title II regulations on telecom companies.
On Monday, a group of 27 Senate Democrats, which included Senators Dianne Feinstein (D-CA), Ron Wyden (D-OR), and Elizabeth Warren (D-MA), called on FCC Chairwoman Jessica Rosenworcel to reestablish Title II regulations on internet service providers. These were regulations that had been withdrawn during Trump’s tenure.
Last week, progressive nonprofit Free Press also stepped up its efforts by starting a petition urging the FCC to bring back net neutrality rules. These rules were first introduced during Obama’s presidency before social media censorship became widespread. Net neutrality was initially touted as a means to safeguard an open internet by classifying telecom companies as common carriers.
Free Press emphasized that net neutrality is essential for preserving an internet that is “free, open and accessible to all.” However, critics contend that such regulation could potentially stifle innovation and competition within the sector.
ASIAN MARKETS in Chaos: Evergrande Crisis and Wall Street Woes Trigger Shockwaves
— Asian stock markets experienced a significant downturn on Monday, with Tokyo standing as the sole major regional market to register gains. This follows on the heels of Wall Street’s most dismal week in half a year, which subsequently boosted U.S. futures and oil prices.
Investor confidence was shaken due to multiple factors including worries over China’s real estate sector, a potential shutdown of the U.S. government, and an ongoing strike by American auto industry workers. European markets weren’t spared either with Germany’s DAX, Paris’ CAC 40, and Britain’s FTSE 100 all experiencing a 0.6% drop.
China Evergrande Group saw its shares plummet nearly 22% after it disclosed its inability to secure additional debt due to an ongoing investigation into one of its subsidiaries. This revelation threatens the restructuring of its staggering debt that exceeds $300 billion. In response, Hong Kong’s Hang Seng dropped 1.8%, Shanghai Composite index fell by 0.5%, while Japan’s Nikkei 225 managed to climb by 0.9%.
Elsewhere in Asia, Seoul’s Kospi dipped by 0.5%. On a brighter note though, Australia’s S&P/ASX 200 managed to claw back some ground ending with a modest
US AID To UKRAINE: Biden’s Pledge Faces Surge of Resistance — How Americans Really Feel
— President Biden’s call for sustained aid to Ukraine, announced at the United Nations General Assembly, is meeting escalating resistance within the US. The administration is pushing for an extra $24 billion in aid for Ukraine by the end of this year. This would escalate total assistance to a whopping $135 billion since the conflict ignited in February 2022.
Yet, a CNN poll from August uncovers that most Americans oppose further aid to Ukraine. The topic has grown increasingly divisive over time. Moreover, despite Western backing and training, Ukraine’s much-hyped counter-offensive has not yielded significant wins.
A Wall Street Journal survey earlier this month revealed that more than half of American voters — 52% — disapprove of Biden’s handling of the Ukrainian situation — a rise from 46% on March 22. Among those surveyed, over one-third believe too much effort is being put into helping Ukraine while only about one-fifth think not enough is being done.
America’s BORDER CRISIS: A Deep Dive into Biden’s Disastrous Immigration Policies
— The ongoing border crisis in America is a direct result of President Biden’s disastrous immigration policies. His decisions have led to an unprecedented influx of illegal immigrants, putting immense strain on border patrol agents and local communities.
President Biden reversed many of Trump’s strict immigration policies upon taking office. This has resulted in a surge of migrants attempting to cross the border illegally, with numbers reaching their highest levels in over two decades.
Local communities near the border are feeling the impact. Schools are overwhelmed, crime rates are rising, and public resources are stretched thin. Yet, the administration seems indifferent to their plight.
Biden’s approach to immigration is not just flawed; it’s catastrophic. It undermines national security and disregards the rule of law. It’s time for America to wake up and hold him accountable for this crisis.
Ukrainian Prosecutor Accuses Bidens of CORRUPTION Over Burisma Dealings
— In an excerpt for an upcoming Fox News interview, former Ukrainian Prosecutor-General Viktor Shokin claims Joe and Hunter Biden accepted significant “bribes” from Burisma Holdings. He alleges they influenced his 2016 dismissal when he probed the company for corruption with Hunter on its board.
Hunter Biden Investigation ESCALATES: Special Counsel Appointed
— The US attorney general, Merrick Garland, has announced the elevation of David Weiss to special counsel for the investigation into Hunter Biden. This follows the collapse of a plea deal on tax and gun charges earlier this month and comes in response to Republicans pushing for an inquiry into his business dealings.
Hunter Biden’s Speakerphone Calls WITH Joe Biden Examined by Congressional Panel
— According to a US congressional panel hearing, Hunter Biden put his father, Joe Biden, on speakerphone with business associates up to 20 times. The controversy is igniting conservative Republicans, urging the party to consider impeachment proceedings against President Biden.
NO Pardon for Hunter Biden After Plea Deal Fails, Says Democrat
— Rep. Dan Goldman, D-N.Y., stated on Sunday during ABC’s “This Week” that President Joe Biden will not pardon his son Hunter Biden following the collapse of a plea deal on tax and gun charges.
Hunter Biden’s Plea Deal REJECTED by Judge
— A high-stakes plea deal involving Hunter Biden, President Biden’s son, dramatically collapsed in court this week. Hunter was set to plead guilty to tax charges and a gun offense, potentially sparing him jail time. However, a judge refused to approve the agreement. Now, his lawyers have a 14-day deadline to negotiate a new deal.
IRS Agents SPEAK Out on Hunter Biden’s Tax Investigation
— Gary Shapley and Joseph Ziegler, two IRS employees, have testified about the Hunter Biden investigation. With 14 years under his belt at the IRS, Shapley is a team leader in the International Tax and Financial Crimes group, supervising the investigation into Hunter Biden.
Ziegler, whose identity was revealed only at the House Oversight Committee hearing on July 19, has served 13 years in the IRS Criminal Investigations Division. He started examining Hunter Biden’s tax filings in November 2018, an effort that later merged with a more extensive Delaware-based federal investigation of Biden’s finances.
Both Shapley and Ziegler allege that decisions were made that benefited and protected the president’s son throughout the investigation.
Trump’s TAX Returns to be Made Public on FRIDAY
— The Democrat-controlled House ways and means committee voted to make President Trump’s tax returns filed between 2015 and 2021 public on Friday.
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AUSTIN SHOOTING Shocks Community: Heroic Acts Amid Chaos
— A tragic shooting on Austin’s Sixth Street on November 28, 2024, left the community stunned. Gunshots shattered the lively nightlife, causing panic among the crowds. The Austin Police Department responded quickly, securing the area while emergency services attended to those injured.
Amidst the chaos, several bystanders showed incredible bravery by helping the wounded and evacuating others. These heroic acts brought hope during a dark time for Austinites as ordinary citizens stepped up to support their neighbors in need.
Authorities have started an investigation into the shooting, working hard to uncover what led to this violent act. While motives are still unclear, police are dedicated to finding those responsible. The community remains tense as they await answers and deal with this violence at their city’s heart.
Local officials urge unity and strength in response to this tragedy, encouraging residents to support each other during these tough times. Vigils honor victims and recognize those who courageously intervened during the incident, highlighting community solidarity’s role in healing from violence’s impact.
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