logo
‘There are so many spots I love to visit when I'm home — the beach, a pint in Wee Tom's or Tessie's, or walking along the top of Fair Head'

‘There are so many spots I love to visit when I'm home — the beach, a pint in Wee Tom's or Tessie's, or walking along the top of Fair Head'

Take Five … with author and illustrator Paddy Donnelly
Take Five … with author and illustrator Paddy Donnelly
Favourite Book
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US considering removing tax on capital gains on home sales, Trump says
US considering removing tax on capital gains on home sales, Trump says

Yahoo

time2 minutes ago

  • Yahoo

US considering removing tax on capital gains on home sales, Trump says

WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday his administration is considering removing taxes on capital gains on home sales. "If the Fed would lower the rates, we wouldn't even have to do that," Trump told reporters in the Oval Office. "But we are thinking about no tax on capital gains on houses." Profits from the sale of homes, like other assets, are now subject to capital gains taxes, although there are large deductions for sales of primary residences. Republican Representative Marjorie Taylor Greene interpreted Trump's comments as a show of support for a bill she's proposed called the No Tax on Home Sales Act, which would eliminate the federal capital gains tax on the sale of primary residences. "Thank you, President Trump, for supporting my No Tax on Home Sales Act!" Greene said in a post on X. "You worked for it. You should keep it. Let's get this bill passed!" Greene said. Congress recently passed legislation that made permanent broad tax cuts passed in 2017 during Trump's first presidency. The bill also fulfilled Trump's campaign promises to include new tax breaks for tips, overtime pay, seniors and auto loans. Trump's political opponents say the measures will mainly help the rich and add trillions of dollars to U.S. national debt, only partially offset by deep cuts to healthcare and other benefits for the poor.

GOP adjourns Congress early to avoid votes on Jeffrey Epstein files
GOP adjourns Congress early to avoid votes on Jeffrey Epstein files

Yahoo

time2 minutes ago

  • Yahoo

GOP adjourns Congress early to avoid votes on Jeffrey Epstein files

Republican Speaker Mike Johnson Tuesday ordered the House of Representatives to shut down early for a summer recess to avoid a vote on releasing the Jeffrey Epstein files. With legislative business grinding to a near standstill over the Epstein drama, Johnson said he wouldn't allow votes on proposals calling on the White House to release all the files until after Labor Day at the earliest to give President Donald Trump 'space' to release some of the information. 'We're done being lectured on transparency (and) endless efforts to politicize the Epstein investigation,' said Johnson. 'We're not going to play political games with this.' Johnson insisted he and Trump both want to release as much information as possible about the notorious sex-trafficking ring, but called the push in Congress a political distraction. ADVERTISEMENT 'There's no purpose for the Congress to push an administration to do something they're already doing,' Johnson said. Johnson dismissed the effort from right-wing Rep. Thomas Massie, R-Kentucky, and a few allies to force a floor vote on the Epstein files: 'Bless his heart.' Several conservative Republicans back the measure although it remains to be seen if they will stand up to certain pressure from Johnson and the White House to back down. Democrats are likely to overwhelmingly support the measure. The GOP-led Oversight Committee, meanwhile, voted to subpoena Ghislaine Maxwell to testify about the Epstein sex ring although it was unclear if or when that might happen. The move came the same day the Trump Justice Department said it wants to talk to Maxwell, who is serving a 20-year sentence for helping Epstein commit sex crimes. ADVERTISEMENT It's not clear if Trump's effort to turn the page on the Epstein scandal will succeed in quieting anger from his own MAGA base. Rep. Ralph Norman, Republican of South Carolina and a member of the Rules panel, criticized his leaders for 'stalling' on the matter. 'The American people deserve action, not excuses,' he tweeted.

ESPN gives New York Giants' roster an ugly ranking
ESPN gives New York Giants' roster an ugly ranking

Yahoo

time2 minutes ago

  • Yahoo

ESPN gives New York Giants' roster an ugly ranking

The New York Giants roster has a lot to prove coming off another tumultuous season in East Rutherford. With general manager Joe Schoen and head coach Brian Daboll returning for a fourth season in their respective roles, the roster underwent some major turnover this offseason. Most notably, the Giants overhauled the entire quarterback room, except for Tommy DeVito. Meanwhile, the defense looks to be a point of strength on paper. Despite this, ESPN gave the Giants another brutal ranking in terms of where the roster compares to the rest of the league, coming in at No. 27. The biggest issue ESPN's Mike Clay had with the roster is with the offensive line. The Giants are set to return all five starters from 2024, but that might not be a good thing. LT Andrew Thomas is very good, but he has missed substantial game action in recent seasons and doesn't have a ton of help. LG Jon Runyan, C John Michael Schmitz Jr., RG Greg Van Roten and RT Jermaine Eluemunor all posted below-average-to-poor PFF grades and run block win rates last season, with all three interior linemen ranking bottom 20 in the latter stat among 92 qualified players. The draft provided minimal help, as fifth-round guard Marcus Mbow was the only OL investment. It's difficult to argue with the perception of the offensive line. Even with Thomas in the lineup, he hasn't been able to stay on the field during the last two seasons — he's appeared in 16 total games during that span. ESPN did give the Giants praise for the construction of the defensive front, calling that unit the team's biggest strength. The trio of edge rushers in Brian Burns, Kayvon Thibodeaux, and No. 3 overall pick Abdul Carter should bode well next to All-Pro talent Dexter Lawrence on the interior. The Giants have a lot to prove going into the new season, and this is likely the final chance for Schoen and Daboll to keep their jobs. This article originally appeared on Giants Wire: ESPN gives Giants' roster an ugly ranking

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store