CNN 5 Things Trump on income tax, a new Iran nuclear deal, election day in Canada & more
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Apr 28, 2025 President Trump proposes eliminating income tax for Americans, sparking debates about tariffs. Tensions escalate as nuclear talks with Iran unfold. In Canada, economic factors influenced by Trump's policies shape election day dynamics. Meanwhile, Harvard faces a legal battle over federal funding cuts. Adding to the intrigue, a reality TV star is set to testify in a high-profile Paris trial, intertwining celebrity culture with the justice system.
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Trump's Tariffs as Taxes
- Trump aims to eliminate income tax by replacing it with tariffs on imports.
- Tariffs would need to be extremely high, possibly quadrupling import prices, to match income tax revenue.
US-Iran Nuclear Talks Reality
- Recent US-Iran nuclear talks show cautious optimism but no new comprehensive deal.
- Experts doubt Trump's new deal will be stronger than the 2015 Iran nuclear agreement.
Harvard Fights Federal Control
- Harvard challenges federal funding cuts that demand ideological control.
- The case contests government attempts to dictate curriculum and faculty viewpoints.