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Three Smart Levers to Cut Your 2025 Tax Bill

Taxes are inevitable, but overpaying them isn’t. With new rules and opportunities in 2025, smart planning can help you keep more of your hard-earned money. Here are three effective levers to reduce your tax liability this year: 1. Maximize Retirement Contributions Contributing to retirement accounts such as RRSPs (Canada) or 401(k)/IRAs (U.S.) remains one of the most effective ways to lower taxable income. Contributions qualify for tax relief at your highest marginal rate, meaning every dollar you save reduces your tax bill significantly. Employer-matching programs make this even more attractive, and withdrawals in retirement can be structured for lower tax exposure. 2. Leverage Tax Credits and Deductions Common deductions include childcare expenses, education costs, and home office claims. Tax credits, unlike deductions, directly reduce the amount you owe, making them especially valuable. Temporary tax breaks introduced in 2025 can be maximized before they expire. 3. Use...
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Trump Media Surges as Biden's Debate Performance Falters

Following Joe Biden's lackluster showing in the latest debate, Trump Media Group's shares skyrocketed, reflecting investor confidence in President Trump's electoral prospects. The debate, touted as a critical moment in the campaign, saw Biden falter under pressure, struggling to articulate his policies and counter Trump's aggressive rhetoric effectively.

Throughout the evening, Biden appeared hesitant and at times disoriented, failing to capitalize on opportunities to challenge Trump's record or outline a compelling vision for the future. His inability to deliver clear and coherent arguments contrasted sharply with Trump's assertiveness, leaving many observers questioning Biden's readiness for the presidency.

Meanwhile, Trump Media Group capitalized on the debate fallout, with its shares climbing rapidly in early trading. Investors interpreted Biden's shaky performance as a potential boon for Trump's reelection chances, fueling optimism within the media conglomerate's ranks.

Analysts noted that Biden's struggles could bolster Trump's narrative of being a decisive leader capable of navigating complex challenges, further solidifying his base and appealing to undecided voters. The surge in Trump Media Group's stock price underscores the market's perception of Trump gaining momentum following the debate.

Looking ahead, Biden's campaign faces mounting pressure to regroup and recalibrate its strategy as subsequent debates loom large on the horizon. The outcome of these debates will be critical in shaping voter perceptions and determining the trajectory of the election.

As the election season intensifies, the spotlight will remain on Biden and his ability to rebound from this setback. Whether he can regain momentum and reassure Democratic supporters remains uncertain, with the Trump campaign poised to capitalize on any perceived weaknesses.

In the competitive landscape of American politics, every debate moment counts. Biden's challenge now lies in reclaiming lost ground and convincing voters that he is the best choice to lead the nation forward. The coming days and weeks will undoubtedly test the resilience of both candidates as they vie for the highest office in the land.

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