World

Trump says generators will be tax deductible if he wins

10/11/2024

Less than a minute

2024.10.11 14:35

© Reuters. FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump addresses the Detroit Economic Club in Detroit, Michigan, U.S., October 10, 2024. REUTERS/Rebecca Cook/File Photo

WASHINGTON (Reuters) – Donald Trump said on Friday that if he wins the Nov. 5 U.S. presidential election, he will allow the cost of home generators purchased in states hit by natural disasters between September 1, 2024, and August 31, 2025, to be tax deductible.

“We are going to allow you, retroactive to September 1st, 2024, to purchase a Generator for your Home, which will, in so doing, entitle you to fully deduct the TOTAL cost of said Generator for Income Tax Purposes,” Trump said in a Truth Social post.

10/11/2024

Less than a minute

Bitcoin (BTC) $ 81,977.96 3.27%

Ethereum (ETH) $ 2,166.23 5.97%

Tether (USDT) $ 0.999555 0.02%

XRP (XRP) $ 2.10 3.28%

BNB (BNB) $ 582.73 3.04%

Solana (SOL) $ 144.66 6.13%

USDC (USDC) $ 1.00 0.00%

Dogecoin (DOGE) $ 0.192946 6.25%

Cardano (ADA) $ 0.618807 6.43%

Lido Staked Ether (STETH) $ 2,164.86 5.86%

TRON (TRX) $ 0.227035 0.07%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 81,940.95 3.46%

Litecoin (LTC) $ 124.24 3.19%

Chainlink (LINK) $ 14.32 6.14%

Wrapped stETH (WSTETH) $ 2,576.92 7.19%

Avalanche (AVAX) $ 21.40 5.53%

LEO Token (LEO) $ 9.27 1.90%

Sui (SUI) $ 2.74 3.03%

Stellar (XLM) $ 0.274067 3.82%

hedera-hashgraph

Hedera (HBAR) $ 0.200666 0.57%

the-open-network

Toncoin (TON) $ 3.31 2.88%

Shiba Inu (SHIB) $ 0.000014 5.98%

USDS (USDS) $ 1.00 0.00%

MANTRA (OM) $ 7.50 3.36%

Polkadot (DOT) $ 4.67 7.69%

Hyperliquid (HYPE) $ 19.94 0.67%

WETH (WETH) $ 2,165.06 5.70%

Ethena USDe (USDE) $ 0.998648 0.11%

Bitcoin Cash (BCH) $ 295.14 0.43%

Bitget Token (BGB) $ 3.92 3.47%

Wrapped eETH (WEETH) $ 2,295.32 6.25%

Uniswap (UNI) $ 7.33 8.68%

Monero (XMR) $ 212.94 0.63%

WhiteBIT Coin (WBT) $ 25.95 1.48%

Aptos (APT) $ 6.07 1.54%

NEAR Protocol (NEAR) $ 2.97 2.81%

Dai (DAI) $ 1.00 0.07%

Pepe (PEPE) $ 0.000008 6.70%

internet-computer

Internet Computer (ICP) $ 6.39 2.69%

Ondo (ONDO) $ 0.964334 1.02%

sUSDS (SUSDS) $ 1.04 0.18%

Ethereum Classic (ETC) $ 18.75 0.40%

Aave (AAVE) $ 186.28 7.79%

Bittensor (TAO) $ 324.24 6.10%

OKB (OKB) $ 43.69 3.42%

gatechain-token

Gate (GT) $ 20.23 3.64%

Official Trump (TRUMP) $ 12.13 5.39%

Mantle (MNT) $ 0.719849 4.03%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 81,979.96 3.69%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.265497 4.19%