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Navigating Personal Finance in 2025: Key Changes to Capital Gains and Tax Brackets

As we step into 2025, several significant changes are set to impact personal finance, particularly in the areas of capital gains and tax brackets. These adjustments are designed to adapt to economic conditions and provide better financial planning opportunities for individuals. Capital Gains Tax Adjustments One of the most notable changes is the adjustment to capital gains tax. Starting in 2025, a higher tax rate will be applied to capital gains exceeding $250,000. This means that individuals selling assets with substantial gains may need to reconsider their timing and strategy to minimize tax liabilities. For example, spreading the sale of assets over multiple years could be a more tax-efficient approach. Changes to Tax Brackets Inflation adjustments are also on the horizon for tax brackets. To prevent inflation from pushing taxpayers into higher brackets, the income thresholds for each tax bracket will increase by 2.7%. For instance, the federal tax rate for earnings up to $57,375 wi...
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Trump Seeks ‘Absolute Immunity’ for Ex-Presidents: Legal Battle Heads to Supreme Court


In a significant legal maneuver, former President Donald Trump has petitioned the U.S. Supreme Court to grant him “absolute immunity” from criminal prosecution for his official acts during his tenure. The case, set to be argued before the justices on April 25, has far-reaching implications for presidential accountability and the delicate balance between executive power and legal scrutiny.

Trump’s legal team contends that a former president should enjoy absolute immunity from criminal charges related to official actions taken while in office. They argue that subjecting ex-presidents to criminal prosecution would hinder the functioning of the presidency and compromise its independence. According to their filing, “The president cannot function, and the presidency itself cannot retain its vital independence, if the president faces criminal prosecution for official acts once he leaves office.”

The legal battle stems from a criminal case initiated by Special Counsel Jack Smith. In August 2023, Smith brought federal criminal charges against Trump, including conspiracy to defraud the United States, obstructing the congressional certification of Joe Biden’s electoral victory, and conspiring against Americans’ right to vote. These charges relate to Trump’s alleged efforts to subvert the electoral process and remain in power.

Trump’s case marks the first time a former president faces criminal prosecution. If the Supreme Court rules in his favor, it could set a precedent for future ex-presidents. However, opponents argue that granting absolute immunity would undermine accountability and allow presidents to evade legal consequences for their actions.

Special Counsel Smith emphasizes the compelling public interest in seeing the charges brought to trial promptly. He contends that the alleged crimes strike at the heart of democracy and that a former president charged with subverting the electoral process should not escape accountability.

As the legal battle unfolds, the Supreme Court’s decision will shape the boundaries of presidential immunity and impact the delicate balance between executive power and the rule of law. The outcome will reverberate through history, affecting not only Trump but also future occupants of the Oval Office.


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