List of Flash News about trading news 2025
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2025-04-27 13:38 |
Trump Announces Tariff Revenue Plan to Cut or Eliminate Income Taxes for Earners Under $200,000: Impact on Crypto and Stock Markets
According to The Kobeissi Letter, President Trump stated that tariff revenue will be allocated to reduce or potentially eliminate income taxes for individuals earning less than $200,000 per year (source: The Kobeissi Letter, April 27, 2025). This policy could increase disposable income for millions of Americans, potentially boosting retail investment in high-growth sectors like cryptocurrency and equities. Traders should monitor legislative developments and market sentiment, as lower tax burdens may drive increased participation in volatile assets, impacting liquidity and short-term price trends (source: The Kobeissi Letter). |