Trump seeks tax hike on wealthiest Americans

Trump aims to increase taxes on the wealthiest Americans by introducing a 39.6% tax bracket. This move seeks to reverse portions of the tax cuts enacted in 2017.

The elimination of the carried interest tax break could affect venture capital and private equity funds, influencing economic conditions and investment behaviors.

Republican lawmakers express strong opposition, which could have notable effects on the market. Bitcoin (BTC) shows volatile movements, trading at approximately 102,823.70 USD.

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