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Melania Trump Showcases Elegant 2025 White House Holiday Décor

  Melania Trump has unveiled the 2025 White House holiday decorations, continuing her tradition of bringing a refined and artistic touch to the season. This year’s theme emphasizes unity and timeless elegance, with rooms adorned in shimmering golds, deep reds, and sparkling white lights. The East Wing features towering Christmas trees decorated with handcrafted ornaments symbolizing American heritage, while the Grand Foyer is lined with garlands and wreaths that highlight the craftsmanship of artisans from across the country. The State Dining Room showcases a centerpiece inspired by winter wonderlands, complete with crystal accents and cascading lights. Melania Trump emphasized that the decorations are meant to celebrate the spirit of togetherness and gratitude, inviting visitors to experience the warmth of the season. The annual reveal has become a highly anticipated tradition, blending festive cheer with a showcase of artistry and cultural pride. This year’s design reflects b...
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The alternative minimum tax


 

The alternative minimum tax (AMT) is a secondary way for Canadians to calculate their income tax. It is often applicable when you have claimed a preferential tax deduction or credit, such as capital gains, dividend, or employee stock options.

Each year, your tax owing is calculated under the normal method, which considers the preferential tax credits and deductions. This number is then compared to a second calculation where you don’t receive these same credits and deductions, but your tax is calculated at a lower tax rate. For most instances, the normal calculation will result in more tax owing. When the second calculation results in a higher amount owing, you will pay this higher amount. The difference between the regular tax owing and the second calculation is the AMT. When you are subject to the AMT, this should be viewed as a prepayment of future tax. Over the next seven years, you can recover this amount paid against your regular income tax. In order to recover this AMT in the future, you would have to be taxable in future years, thus if you do not have taxable income in these years, this AMT will be lost.

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