America Has New Type of Money, Making Some Rich...Should You Get It?

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Trump's Birthday Speech On Tax Cuts, Immigrants Raises Eyebrows: 'Our Country Has Never Been In Danger Like It Is In Danger Right Now'

Nabaparna Bhattacharya
June 15, 2024

Donald Trump used his 78th birthday celebration on Friday to pledge deeper tax cuts should he win the upcoming U.S. election on Nov. 5.

He also made ambiguous forecasts about potential future attacks on U.S. soil following the arrest of Tajik nationals suspected of having ties to ISIS, Reuters reported.

Check This Out: Former Top General Sounds Alarm On Rising ISIS Threat To US, Bemoans Biden’s Afghanistan Withdrawal

ISIS, or the Islamic State of Iraq and Syria, is designated as a terrorist organization by the U.S. government.

Addressing thousands of supporters at a convention center in West Palm Beach, Florida, the Republican candidate pledged to continue reducing the corporate tax rate that he had previously lowered during his presidency.

Read Next: Trump’s Plan To Kill Income Taxes Whiffs, Critics Say: ‘It’s A Sure Way To Hit Low- And Middle-Income Americans’

Additionally, he promised to deliver tax relief to the middle class.

Trump, engaged in a tight rematch with President Joe Biden, did not offer detailed specifics.

During his presidency, Trump reduced the corporate tax rate from 35% to 21% and introduced various other tax cuts set to expire next year, Reuters added.

“I want to make them permanent, and then I’m going to reduce taxes by still more,” Trump said, without presenting a strategy to make up for the potential reduction in revenue. “I want to get it down still further, and especially for the middle income people.”

Trump, known for his tough stance on immigration during his administration, also reiterated his criticism of Biden’s efforts to reduce illegal crossings into the U.S.

See This: Trump Wants Immigrants From ‘Nice Countries’ Like Denmark And Switzerland Over Nations ‘That Are A Disaster’

He pointed to the recent arrests of eight individuals from Tajikistan in New York, Los Angeles and Philadelphia.

According to a source familiar with the investigation, these individuals were suspected of having ties to the extremist group ISIS, Reuters added.

“Our country has never been in danger like it is in danger right now,” Trump claimed, adding, without providing evidence, that thousands of terrorists were entering the United States. “Our country is going to pay a steep price for many, many years.”

Read Next: Benzinga Bulls And Bears: GameStop, Apple, Tesla, Bitcoin And Raoul Pal’s Dogecoin ETF Prediction

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

Continue Reading...

Popular

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival

On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year

China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.

Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'

Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

OpenAI Ex-Chief Scientist Ilya Sutskever Launches New Company A Month After Quitting ChatGPT-Parent: 'Superintelligence Is Within Reach'

On Wednesday, OpenAI co-founder Ilya Sutskever announced his new AI venture, Safe Superintelligence Inc. (SSI), just a month after resigning from OpenAI, with a focus on developing safe superintelligence.

This Could Be Like Buying Crypto In 2020 - Ad

Wall Street veteran Ian King says, "this could be like buying crypto in 2020." Now Ian's pounding the table on a new opportunity that's on the cusp of mainstream adoption just like crypto in 2020. And he's recommending you buy 3 little-known stocks ahead of an official announcement from the U.S. government.

FDA Approves Expanded Use For Sarepta's Rare Muscular Dystrophy Gene Therapy

The FDA has approved Sarepta Therapeutics' Elevidys for treating Duchenne muscular dystrophy in patients aged 4 and older with specific DMD gene mutations.

Get This Bitcoin ETF Before July 29 (18%+ Dividend Yield Up for Grabs) - Ad

A massive Bitcoin dividend was just announced... And if you act today, you'll receive $2.05 per SHARE. That's 161% BIGGER than the highest-yielding dividend aristocrats... But you have to get in before the July 29 cutoff date.

Rapper 50 Cent Allegedly Caught In Crypto Scam Defrauding Users Of $300 Million In Just 30 Minutes

The social media account X of renowned rapper 50 Cent was allegedly compromised, leading to a multimillion-dollar memecoin scam.

Amazon Labor Union workers vote overwhelmingly in favor of affiliation with Teamsters

Workers who are part of the are aligning themselves with the Teamsters, overwhelmingly voting in favor of an affiliation.

The Presidential Candidate You Should Really Be Worried About - Ad

Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.

Ralph Lauren goes with basic blue jeans for Team USA's opening Olympic ceremony uniforms

NEW YORK (AP) — When walks with the world’s athletes at the they’ll be doing so in snappy tailored navy blazers from Ralph Lauren — and blue jeans.

Bankruptcy judge approves sale of Express Inc to group led by WHP Global

NEW YORK (AP) — A U.S. bankruptcy judge has approved the sale of the majority of 's operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores.

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.

Joe Biden Shares His Performance Enhancer Drink Ahead Of 2024 US Presidential Debate: 'I Don't Know What They've Got In These'

Ahead of the debate, Biden took to X, sharing a humorous post about his "performance enhancer" drink, DARK BRANDON'S SECRET SAUCE, and joked, "I don't know what they've got in these performance enhancers, but I'm feeling pretty jacked up. Try it yourselves, folks.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Raoul Pal Foresees Crypto Boom In Election Year's Q4, Names It 'Banana Zone'

Former Goldman Sachs executive Raoul Pal has predicted a significant surge in Bitcoin (CRYPTO: BTC) and the overall crypto market in the fourth quarter

A cruise ship rescues 68 migrants and finds 5 bodies in a boat adrift in the Atlantic Ocean

MADRID (AP) — A cruise ship rescued 68 migrants and found five bodies in a wooden dinghy that was drifting off the Canary Islands in the Atlantic Ocean, Spain's maritime rescue agency said Thursday.

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Biofuel groups envision ethanol-powered jets. But fueling the effort has not been easy

MENOKEN, N.D. (AP) — Some day, the passenger jets that soar 35,000 feet (10.6 kilometers) over Dan McLean’s North Dakota farm could be fueled by corn grown on his land and millions of other acres across the Midwest.

Something BIG's About to Happen in America - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Ford's F-150 Lightning-Based Supertruck To Climb Pikes Peak Over Weekend, Keeping Up With Model T Legacy

Ford's electric F-150 Lightning supertruck will compete at Pikes Peak on June 23, testing EV powertrains for future production vehicles.

Disney Goes Back To What It Does Best- Putting Emotions Into Motion Pictures

The Walt Disney Company (NYSE: DIS) is officially back on track with its newest animation hit, Inside Out 2. For its debut weekend, Disney’s newest theatrical release sold almost $300 million in total ticket sales across the globe, easing concerns that its storytelling magic is gone. 

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon

Snowline Gold Corp announces highly anticipated initial assessment for Valley deposit in Yukon Territory, Canada, with significant potential for growth and future development.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Norway starts stockpiling grain, citing the pandemic, war and climate change

COPENHAGEN, Denmark (AP) — The Norwegian government on Tuesday signed a deal to start stockpiling grain, saying the COVID-19 pandemic, a war in Europe and climate change have made it necessary.

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service