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rod ✪
rod@nsec.app
npub1xhe6...896x
🌐 https://rodsx.substack.com 🌐 [Proton Mail - get yours](https://pr.tn/ref/M0NF9XTX6S70) "Everything we hear is an opinion, not a fact, everything we see is a perspective, not the truth'" - Marcus Aurelius -
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rod ✪ 5 months ago
📰 BREAKING NEWS: Rumble and MoonPay Strike Exclusive Deal to Fuel Crypto-Creator Revolution “MoonPay will power all crypto on- and off-ramps inside the highly anticipated Rumble Wallet, slated to launch in Q3 2025.”
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rod ✪ 6 months ago
Let's try this again, noStrudel isn't collaborating today... Which AI, from the top ones, is Open Source? Act accordingly... image
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rod ✪ 6 months ago
Which AIs, from the most used ones is Open Source? Act accordingly! image
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rod ✪ 6 months ago
🇦🇪 UAE conducts the region's first successful air taxi test flight.
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rod ✪ 6 months ago
NEWS The "Big Beautiful Bill" ###Immediate Benefits for Citizens### 1. **Tax Cuts Made Permanent**: - The 2017 Tax Cuts and Jobs Act provisions, set to expire in 2025, are made permanent, preventing a significant tax increase. This includes lower income tax rates across most brackets, benefiting a wide range of taxpayers. - **Impact**: Middle- and working-class families could see tax reductions of approximately 15%, with estimates suggesting an increase in take-home pay of up to $13,300 annually for a typical family of four. 2. **Increased Standard Deduction**: - The standard deduction is increased by $1,000 for individuals (to $15,750) and $2,000 for married couples (to $31,500), effective through 2028. This reduces taxable income for those who do not itemize deductions. 3. **No Tax on Tips and Overtime**: - Up to $25,000 of tip income and $12,500 of overtime pay are deductible from federal income taxes through 2028, benefiting workers in tip-reliant industries (e.g., restaurant servers, drivers) and hourly workers with overtime. Income limits apply, phasing out for individuals earning over $150,000 or couples over $300,000.[](https - **Note**: These deductions apply only to federal income tax, not Social Security or Medicare taxes, and the Treasury Department will define eligible professions to prevent abuse. 4.**Senior Tax Relief**: - A new $6,000 deduction ($12,000 for couples) for seniors aged 65 and older earning up to $75,000 ($150,000 for couples), phasing out at $175,000 for individuals and $250,000 for couples. This offsets Social Security benefit taxes indirectly, as direct elimination was not feasible under reconciliation rules. 5. **Increased Child Tax Credit**: - The child tax credit is permanently increased from $2,000 to $2,200 per qualifying child under 17, starting in 2025, with inflation adjustments from 2026. The refundable portion is also made permanent and inflation-adjusted, benefiting families with lower incomes. 6. **Trump Savings Accounts for Newborns**: - Children born between 2025 and 2028 receive a one-time $1,000 federal deposit into a tax-advantaged savings account ("Trump account"). Parents can contribute up to $5,000 annually, and employers can add up to $2,500 (non-taxable to the recipient). Funds grow tax-deferred and can be used for education, job training, or first-home purchases after age 18. 7. **State and Local Tax (SALT) Deduction Increase**: - The SALT deduction cap is raised from $10,000 to $40,000 for households with incomes up to $500,000, effective for five years (through 2030). This benefits middle- and upper-middle-class homeowners in high-tax states like New York and California. 8. **Auto Loan Interest Deduction**: - Taxpayers can deduct interest on loans for U.S.-made vehicles, encouraging purchases of American-manufactured cars. ###Benefits for Businesses 1. **Permanent Extension of 2017 Tax Cuts**: - The corporate tax rate remains at 21% (down from 35% pre-2017), and other business tax breaks from the 2017 TCJA, such as deductions for equipment and machinery, are made permanent. This provides long-term tax certainty for corporations. 2. **Full Expensing for Capital Investments**: - Businesses can immediately deduct 100% of the cost of equipment, machinery, and factory improvements, making investments in manufacturing and production facilities more attractive. This provision is permanent and aims to boost domestic production. 3. **Research and Development (R&D) Deduction**: - Businesses can fully deduct R&D expenses in the year incurred, encouraging innovation and investment in the U.S. 4. **Section 199A Small Business Deduction**: - The deduction for pass-through businesses (e.g., sole proprietorships, partnerships, S corporations) is increased to 23% from 20% and made permanent. This is projected to create over 1 million small business jobs and generate $750 billion in economic growth. 5. **Opportunity Zones Extended**: - Tax incentives for investments in disadvantaged areas (Opportunity Zones) are extended through 2033, with enhancements targeting rural communities, potentially spurring $100 billion in new investments. 6. **Increased 1099-MISC Threshold**: - The threshold for reporting income on 1099-MISC forms is raised to $2,000, reducing paperwork burdens for small businesses and contractors. 7. **Death Tax Exemption**: - The doubled estate tax exemption for family-owned farms and businesses is made permanent, protecting approximately 2 million small businesses and farms from high estate taxes, facilitating generational transfers.
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rod ✪ 6 months ago
I keep thinking this could be a test bed for what is to come. Making gold and silver legal tender forces businesses to accept it as payment... View quoted note →
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rod ✪ 6 months ago
🚨 Today, Bitcoin represented up to 38.4% of all social activity across cryptocurrencies. image
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rod ✪ 6 months ago
📰 🇨🇳 China allegedly unveils new 'blackout bomb' capable of crippling power grids across 10,000 square meters with carbon filament payload. However, without official confirmation from credible primary sources, such as Chinese government statements or verified technical reports, this information remains unverified and should be treated as inconclusive, the concept is plausible, but specific details about this alleged Chinese weapon lack substantiation from reliable sources at this time.
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rod ✪ 6 months ago
📰 Texas Governor Greg Abbot signs law "authorizing Texans to use gold & silver as LEGAL TENDER in day-to-day financial transactions." image
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rod ✪ 6 months ago
📰 U.S. crude futures climbed 3.6% to $76.47 per barrel, while Brent rose 3.2% to $74.59. image
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rod ✪ 6 months ago
📰 Don't fall for disinformation, the Strait of Hormuz is unaffected at the moment. Iran has not closed the Strait of Hormuz. Reports indicate that the Iranian parliament approved a motion on June 22, 2025, to close the strait in response to U.S. strikes on Iranian nuclear facilities. ***However, this decision requires final approval from Iran's Supreme National Security Council, and no confirmation of such approval or actual closure has been reported.***
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rod ✪ 6 months ago
image ### "The supreme art of war is to subdue the enemy without fighting." ### **Sun Tzu**