General Trump Administration F**kery Thread (2025-2029)
- Thread starter OfTheCross
- Start date
Bryan Danielson
Jmare007 x Bryan Danielson x JLova = King Ghidorah
88m3
Fast Money & Foreign Objects
Trump Moves to Restrain Elon Musk
President Trump’s decision to reel in some of Elon Musk’s indiscriminate approach to slashing the federal work force reflects a growing unease among Republicans.
88m3
Fast Money & Foreign Objects
Marshals Escort DOGE Team Into African Aid Agency
A day earlier, U.S. African Development Foundation workers had refused entry to Department of Government Efficiency workers and the State Department official in charge of foreign aid.
88m3
Fast Money & Foreign Objects
President Trump meant to call for 100 percent bonus depreciation when discussing a return to “100 percent expensing” during a speech to Congress, a White House official has told Tax Notes.
The official, speaking on the condition of anonymity, said Trump’s allusion to cutting taxes on “domestic production and all manufacturing” in his March 4 address to a joint session of Congress was an indication he was referring to bonus depreciation on property rather than expensing on investments in areas such as research and development.
“I interpreted the statement in the address last night to be 100 percent bonus depreciation . . . the focus was on equipment cost recovery,” the official said.
As part of the Tax Cuts and Jobs Act, Trump’s signature legislative achievement in his first term, companies were allowed to deduct 100 percent of the cost of qualifying equipment in its first year of service and could temporarily fully expense certain investments.
Both provisions included gradual reductions and are set to be completely phased out by 2026.
Trump appears to use depreciation, which businesses use to account for items that lose value over time, and expensing, which refers to the costs business incur through everyday operations, interchangeably.
Read more in Tax Notes: https://taxnotes.co/41IOBur
The official, speaking on the condition of anonymity, said Trump’s allusion to cutting taxes on “domestic production and all manufacturing” in his March 4 address to a joint session of Congress was an indication he was referring to bonus depreciation on property rather than expensing on investments in areas such as research and development.
“I interpreted the statement in the address last night to be 100 percent bonus depreciation . . . the focus was on equipment cost recovery,” the official said.
As part of the Tax Cuts and Jobs Act, Trump’s signature legislative achievement in his first term, companies were allowed to deduct 100 percent of the cost of qualifying equipment in its first year of service and could temporarily fully expense certain investments.
Both provisions included gradual reductions and are set to be completely phased out by 2026.
Trump appears to use depreciation, which businesses use to account for items that lose value over time, and expensing, which refers to the costs business incur through everyday operations, interchangeably.
Read more in Tax Notes: https://taxnotes.co/41IOBur
@thedailybeast
Donald Trump is offering white South African farmers a “rapid pathway to Citizenship,” citing their “terrible” treatment by their government.
Trump Throws Musk a Bone With White South African Order
From thedailybeast.com
10:29 AM · Mar 7, 2025
eastside313
Superstar
The stock market is bullying Trump
Announce tariffs. Market goes down. Trump cronies dump a few hundred million in. Delay tariffs. Market goes up. They cash out.
Poetical Poltergeist
Precise and cold hearted
88m3
Fast Money & Foreign Objects
Trump Demands MSNBC’s Rachel Maddow and Nicolle Wallace Be ‘Forced to Resign’
The president was angered by the hosts’ response to his honoring of DJ Daniels, a teenage cancer survivor sworn in as a Secret Service agent.
Poetical Poltergeist
Precise and cold hearted
He can't hear for shyt.
NaijaProdigy Redux
Veteran
lol we are a month or two from this spilling into the public
www.nytimes.com
Inside the Explosive Meeting Where Trump Officials Clashed With Elon Musk
Simmering anger at the billionaire’s unchecked power spilled out in a remarkable Cabinet Room meeting. The president quickly moved to rein in Mr. Musk.
