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Car loan brake, silencer fee ax ax: some less knowledgeable items from Trump’s ‘Big Beautiful Bill’

Big Beautiful Bill Pass (AP)

As US President Donald Trump on Friday, after its approval by the Congress after its approval by the Congress after the argument of his multi-political drama and marathon Hill, prepares to sign his much-a-beautiful bill, most of the spotlights on the big-tick agenda items, such as the tax cuts, border security and food aid program have increased in the program.However, the broad tax and spending bills also include a host of low-term provisions.

Captain deduction for whaling

Since the major tax deduction has been focused on, there is another tax relief to whalers in Alaska. After Senator Tilis decided to vote against the bill, Alaska’s Republican Senator Lisa Murkovsky used her quota as a Senate decision -making vote to draw concessions for her home state. One of them was a five-fold increase in tax deduction for whaling-related expenses, increasing from $ 10,000 to $ 50,000.

Loan interest relief for car buyers

Between 2025 and 2028, the American purchasing American-made vehicles will be eligible to cut the interest paid up to $ 10,000 on their auto loan. Claiming full cuts usually requires purchasing vehicles priced in the six-end range, most buyers can save several hundred dollars per year to buy average cars, trucks and SUVs. Meanwhile, people planning to buy electric vehicles will lose tax credit up to $ 7,500 in late September. The credits introduced during the tenure of the former President who Biden were originally to stay in place until 2032.

Silencer and SBR fees dropped

Bill also removes $ 200 fee. Gun owners will have to pay when purchasing a silencer and short-market rifle, and also raise the related registration and ownership rules.These items will no longer come under the National Affiliation Act of 1934, a law passed during the prohibition era to counter the gang violence. However, the Act will still apply to machine guns and explosive equipment.

Space shuttle search

The Space Shuttle Discovery, which has been displayed at Annexe of Smithsonian National Air and Space Museum in Northern Virginia since its retirement in 2011, will be taken to Houston.The Bill allocates $ 85 million to move shuttle to Johnson Space Center and cover the cost of housing. The move follows the efforts of the Texas Republican Senator John Cornin and Ted Cruise, who emphasized the important role of Houston in the Space Shuttle program and pushed to the transfer of the shuttle.

New fees for space missions

The new bill provides that commercial spaceflight companies, including the SpaceX of Elon Musk, will need to pay the fee for their launch and retrievers. These fees will be gently introduced in eight years to help the Commercial Space Transport Office of the Federal Aviation Administration manage the rapid development of the industry.Starting with a maximum of $ 30,000 per launch, the fees will increase by $ 1.50 per pound at $ 200,000 per launch by 2033. After that, the fees will increase based on the consumer price index.

Kennedy Center overhaul

Bill allocated $ 257 million to support the often mentioned plans by President Trump for the Kennedy Center for the Performing Arts. This money comes despite the earlier decision of the Trump administration to cancel the grant for art and humanities programs across the country.Trump has re -shaped the Board of Kennedy Center by appointing political allies. Last month, he attended the inauguration of the center of the “Less Egyptians” at night, where he received a mixed response from the audience, including both cheers and boos.

New tax rules kill gamblers

Poker industry, including professional players as well as online and in casinos, can withstand serious challenges due to a new provision that reduces gambling-related tax cuts.Currently, gamblers can completely reduce their loss before paying taxes over their victory. Under the new bill, however, they will only be able to cut 90% of their losses. For example, if you win $ 100,000, but lose $ 80,000, you will normally pay taxes at $ 20,000. With the new rule, you will pay taxes at $ 28,000.

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