The EU is placing new tariffs on U.S. goods like metal, motorcycles, and orange juice. But what does that mean for your business taxes? This easy-to-understand guide breaks down how tariffs may impact your profits, deductions, and tax planning in 2025.

President Trump’s new tax idea is interesting because it would let people keep all their money instead of paying income tax. But it also raises big questions about whether it would make life more expensive.

Some believe it could help the economy, while others worry it could hurt everyday people. No one knows for sure what will happen, but this debate will likely continue.

What do you think? Would you rather pay higher prices on products but keep all of your paycheck, or keep things the way they are?