Tax cuts

Dollar Surges, Bitcoin Hits Record High as Trump Claims Victory

Nov 6, 2024. by Ekohot Editor

The dollar surged, and bitcoin hit a record high Wednesday as traders reacted to Donald Trump’s projected wins in two key swing states, sparking expectations of tax cuts, tariffs, and potential inflation under his administration. While polls had forecast a close race, Trump appeared to gain an edge over Democratic rival Vice President Kamala Harris … Read more

FG Considers Tax Cuts Over Economic Hardship

Sep 13, 2023. by Ekohot Editor

Eko Hot Blog reports that the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, says the federal government is considering cutting over 60 taxes to ease economic hardship on Nigerians. Oyedele disclosed this on Monday during an interview on Channels Television. He lamented that multiple taxation is making life … Read more