Biden is old. Trump is young and vibrant!
General Trump Administration F**kery Thread (2025-2029)
- Thread starter OfTheCross
- Start date
Biden is old. Trump is young and vibrant!
eastside313
Superstar
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
lol we are a month or two from this spilling into the public
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.www.nytimes.com
Beyond the paywall: https://archive.is/1Ll2b
Marco Rubio was incensed. Here he was in the Cabinet Room of the White House, the secretary of state, seated beside the president and listening to a litany of attacks from the richest man in the world.
Seated diagonally opposite, across the elliptical mahogany table, Elon Musk was letting Mr. Rubio have it, accusing him of failing to slash his staff.
You have fired “nobody,” Mr. Musk told Mr. Rubio, then scornfully added that perhaps the only person he had fired was a staff member from his Department of Government Efficiency.
Mr. Rubio had been privately furious with Mr. Musk for weeks, ever since his DOGE team effectively shuttered an entire agency that was supposedly under Mr. Rubio’s control: the United States Agency for International Development. But, in the extraordinary cabinet meeting in front of the president and around 20 others — details of which have not been reported before — Mr. Rubio got his grievances off his chest.
Mr. Musk was not being truthful, Mr. Rubio said. What about the more than 1,500 State Department officials who took early retirement in buyouts? Didn’t they count as layoffs? He asked, sarcastically, whether Mr. Musk wanted him to rehire all those people just so he could make a show of firing them again. Then he laid out his detailed plans for reorganizing the State Department.
Mr. Musk was unimpressed. He told Mr. Rubio he was “good on TV,” with the clear subtext being that he wasn’t good for much else. Throughout all of this, the president sat back in his chair, arms folded, as if he were watching a tennis match.
After the argument dragged on for an uncomfortable time, Mr. Trump finally intervened to defend Mr. Rubio as doing a “great job.” Mr. Rubio has a lot to deal with, the president said. He is very busy, he is always traveling and on TV, and he has an agency to run. So everyone just needs to work together.
The meeting was a potential inflection point after the frenetic first weeks of Mr. Trump’s second term. It yielded the first significant indication that Mr. Trump is willing to put some limits on Mr. Musk, whose efforts have become the subject of several lawsuits and prompted concerns from Republican lawmakers, some of whom have complained directly to the president.
ADevilYouKhow
Rhyme Reason
Directly talking to Nap and Cac here
King Kreole
natural blondie like goku
"At another point, Mr. Musk insisted that people hired under diversity, equity and inclusion programs were working in control towers. Mr. Duffy pushed back and Mr. Musk did not add details, but said during the longer back and forth that Mr. Duffy had his phone number and should call him if he had any issues to raise.
The exchange ended with Mr. Trump telling Mr. Duffy that he had to hire people from M.I.T. as air traffic controllers. These air traffic controllers need to be “geniuses,” he said."
Directly talking to Nap and Cac here
I bet those two keeping trans porn in business behind the scenes.
ADevilYouKhow
Rhyme Reason
US aerospace firm Maxar disables satellite photos for Ukraine — Reuters
U.S. aerospace firm Maxar Technologies said on Friday it had disabled access to its satellite imagery for Ukraine, as U.S. President Donald Trump's administration suspends intelligence sharing with Kyiv.
apple.news
Disgusting
ADevilYouKhow
Rhyme Reason
A lot of people are saying that one guy moved to Vegas to chase the goat
. Allegedly. Nap is clearly head over heels a fetishist no pun intended.
Directly talking to Nap and Cac here
But he talked about trans people at his address to congress.
We gotta do something about this
That NY times article about Rubio and Elon was crazy. If you want to read the whole thing here you guys go. I gifted it
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.
the cac mamba
Veteran
the cac mamba
Veteran
i like how we have hard data that says trump's "they/them" ad swung the electorate 3 points, and your response is to get mad at me for calling it outA lot of people are saying that one guy moved to Vegas to chase the goat
enough of the counterproductive, embarrassing nonsense. besides being morally and scientifically wrong, it does not help this party win elections.
