overload,

Trump just killed the $600 IRS rule. Venmo, PayPal, CashApp users now safe from tax form overload. $20K/200 rule is back.

President Trump signed off on a tax reform that wipes out the $600 IRS reporting rule for payment apps. The rollback applies to CashApp, Venmo, PayPal, Airbnb, Etsy, and other platforms that process peer-to-peer payments. Starting with the 2025 tax year, users will only receive Form 1099-K if they cross both $20,000 in gross payments …

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France sinks under socialist overload, Japan chokes on debt mountain, modern economies collapse under weight of big government

France and Japan are unraveling before the world’s eyes. The fiscal picture in both nations is not simply poor. It is catastrophic. Deep structural imbalances, ballooning debt, and no clear way out. Both are cautionary tales masquerading as advanced economies. Start with France. The national debt is now over 110 percent of GDP and climbing. …

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