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Toronto Argonauts sign American running back Kevin BrownThe crypto space is teeming with presale events, yet the current rivalry between Crypto All-Stars (STARS) and BlockDAG (BDAG) is exceptionally fierce. Crypto All-Stars has captured widespread interest with its meme coin charm, while BlockDAG has made impressive strides, rapidly growing in the presale market. BlockDAG (BDAG) has accumulated over $158 million in less than a year. Its presale achievements are unmatched, making it the focal point in the community. But does this make it the superior option? We’ll compare their numbers, technology, and community support to see. The Reality Behind Crypto All-Stars Promises Crypto All-Stars has gathered over $6.2 million in its presale, thanks to its unique MemeVault staking platform, catering to various meme tokens. This platform offers a high annual yield of up to 316% in staking rewards, appealing to those seeking profitable meme coin ventures. However, Crypto All-Stars lacks a detailed future plan, leaving doubts about its viability post-presale. The absence of a clear roadmap raises concerns about the project’s longevity and transparency, which could be risky after the presale excitement wanes. The Unmatched Growth of BlockDAG’s Presale BlockDAG’s presale has dramatically reshaped expectations, raising over $158 million in less than a year and progressing to batch 26, with 16.9 billion BDAG coins sold. The current price per coin is $0.0234, presenting an extraordinary 2,240% ROI to early supporters. This significant return and strong presale momentum are fueling excitement daily. BlockDAG stands out with its pioneering Directed Acyclic Graph (DAG) technology, which enhances transaction speeds, scalability, and security beyond traditional blockchain technology. BlockDAG is also undergoing a Mainnet audit, a vital step toward its operational launch. Continuously reaching new milestones, BlockDAG is on track to potentially hit $600 million. The enthusiasm is tangible, and the prospects for BlockDAG look promising as it gears up for its next significant development phase. Uncertainty in Crypto All-Stars Future Gives BlockDAG the Edge Crypto All-Stars presale, despite its initial success and the launch of its staking platform, lacks a clear vision for the future. This vagueness about its long-term objectives makes it difficult for enthusiasts to gauge the project's direction. In sharp contrast, BlockDAG has consistently achieved its set goals, from its initial launch to the Testnet in September, and even through the detailed auditing of its Mainnet. BlockDAG’s methodical planning and steady progress have secured its reputation within the crypto community, proving its readiness for sustained success, while Crypto All-Stars still needs to demonstrate its capability to fulfill its early promises. The Issue of Openness Transparency issues plague Crypto All-Stars, with increasing chatter on platforms like Reddit and social media about the anonymity of its team and overall secrecy. Reports of users being removed from the Telegram group for inquiring about the project's leaders exacerbate these concerns. Meanwhile, BlockDAG champions transparency with its community-driven approach. It has recently updated its website for a better user experience and introduced a structured, 5-step bonus system to maintain user engagement. Regular AMA sessions with its top leaders and straightforward updates underscore BlockDAG’s commitment to openness, setting it apart in a sector often criticized for its lack of transparency. Deciding the Better Pick While Crypto All-Stars has made its mark in the meme coin arena, its opaque operations and indefinite strategic plans have sparked notable worries. Conversely, BlockDAG has not only shown rapid growth by raising over $158 million in under a year but also boasts a clear, community-oriented strategy. BlockDAG’s cutting-edge DAG technology promotes scalability and speed, critical for enduring success. As a dominant force in the crypto presale coin market, BlockDAG is well-positioned to deliver substantial outcomes. For those looking for a reliable, transparent, and user-focused project, BlockDAG emerges as the clear superior choice. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.House Republicans Reject Release Of Matt Gaetz's Ethics Report
Brown: Indian diplomat pushed back when he used the words "Sikh nation" OTTAWA — Brampton Mayor Patrick Brown said foreign interference did not tip the scales in the Conservative party's last leadership race that installed Pierre Poilievre at the helm. Kyle Duggan, The Canadian Press Dec 5, 2024 3:26 PM Dec 5, 2024 3:50 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Brampton Mayor Patrick Brown looks on during the Diwali Mela festival at Sesquicentennial Park in Brampton, Ont., Friday, Nov. 1, 2024. Brampton Mayor Patrick Brown said foreign interference did not tip the scales in the Conservative party's last leadership race that installed Pierre Poilievre at the helm. THE CANADIAN PRESS/Andrew Lahodynskyj OTTAWA — Brampton Mayor Patrick Brown said foreign interference did not tip the scales in the Conservative party's last leadership race that installed Pierre Poilievre at the helm. But he offered up Thursday that he changed some of the language he was using after getting pushback from an Indian diplomat that some of his comments could sound like he was endorsing ideas of Sikh nationalism. Brown, who was a candidate for the leadership in 2022, was summoned to a House of Commons committee Thursday to answer questions on the 2022 race after a report from a committee on national security referred to allegations of Indian interference in an unspecified Conservative leadership campaign. "I don’t believe foreign intervention affected the final outcome of the Conservative leadership race," Brown told the House of Commons public safety and national security committee Thursday. A CBC/Radio-Canada article this week quoted several confidential sources from Brown’s campaign alleging that representatives from India’s consulate interfered to undermine his leadership bid. On Monday, Brown posted on social media about the committee's summons to say that he had no new evidence to add, and that the public inquiry on foreign interference was the proper venue to evaluate the allegations. Brown insisted to the committee Thursday that no members of the Indian government reached out to him or his campaign workers during his leadership bid, saying the relationship was "already very strained" at that point. The CBC News story also contained allegations that his national campaign co-chair Conservative MP Michelle Rempel Garner was pressured to withdraw her support for Brown — something she denied. When NDP MP Alistair MacGregor quizzed him on the news report, asking why she left the campaign, Brown said she left seeking to launch her own leadership bid to replace UCP leader Jason Kenney in Alberta — not from pressure from India. "At no time when we talked about her departing the campaign did she ever say it was over pressure from the consul general," he said. He said the article likely referred to a conference call more than a month before she left, after the consul general raised concerns with Rempel Garner about Brown using the words "Sikh nation." “The consul general had expressed directly to (Rempel Garner) that, obviously that was something they didn’t agree with, that it could be viewed in nationalistic terms towards the Sikh community," he said. That led him to change the language he was employing to a Punjabi term that he said meant the same thing. Liberal MP Jennifer O'Connell asked if that's "an appropriate election activity by a foreign government,” charging it was a clear instance of foreign interference. Brown replied that Indian officials "have been more robust in their opinions than some of us would be comfortable with.” A bombshell report by the National Security and Intelligence Committee of Parliamentarians into foreign interference released last spring referred to "India’s alleged interference in a Conservative Party of Canada leadership race." Brown said he was not under any kind of non-disclosure agreement with the Conservative Party that prevents him from speaking publicly about what happened during the race. He said he believes it's important to guard against foreign meddling in democracy but that he does not want to get drawn into partisan debates on Parliament Hill. Brown was not included as a witness in the public inquiry into foreign interference, which wrapped up hearings earlier this fall with a final report due in the new year. He was disqualified from the party's 2022 leadership race due to allegations related to financing rules in the Canada Elections Act. This report by The Canadian Press was first published Dec. 5, 2024. Kyle Duggan, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National News Trudeau, ministers and opposition leaders address AFN gathering in Ottawa Dec 5, 2024 4:02 PM Chief 'disappointed' to see clean water used as a political tactic by Conservatives Dec 5, 2024 3:34 PM Feds outlaw another 324 types of firearms, propose donating guns to Ukraine Dec 5, 2024 3:25 PM Featured FlyerJapan's famous sake joins UNESCO's cultural heritage list, a boost to brewers and enthusiasts
Zoom, Agilent, Woodward, and more set to report earnings MondayBy Russell Clark of Capital Flows and Asset Markets substack I turned 50 early this year - but like most men still think I am young. It only really hits home that I have aged when I catch up with a group of friends the same age. Sometimes its the grey hair, sometimes its the bald spots, or sometimes its the universal doom and gloom about markets, and I think “Wow - I am really hanging out with a bunch of old guys!” Having a doom and gloom view about markets really does show your age. Talking about the year 2000, 2001, 2002 or 2008, which were bad bear markets just dates you these days. In the big scheme of things, they were just buying opportunities. Having started in markets in that period, and having seen the long depressing Japanese bear market - I was always more “old man” in my thinking - but being stuck in your ways when the world changes is the ultimate old man trade- like insisting and old Nokia phone is better than iPhone. To be fair to myself and other old men - around 2007 I though China and emerging markets was dead money (and foolishly assumed this would hold back the US). HSCEI is not even at half the level it reach in 2007. My first investing model was the MMM model - macro, micro and market, and it was pretty good at calling the top in China and emerging markets. Macro was current account deficits, exchange rate and money supply among other things, micro was how key industries were acting and investing their own capital. Market was basically investing when market action confirmed micro and macro. The good thing about this model was that it could be used for long and short investing . The macro part of my MMM model turned negative on the US back in 2016 - some 200% and 8 years ago. It also turned negative on the US dollar - so you cannot dress it up - its a failed model. I tied to save this model by adding a political element to it - which I called motivation so I could call it the MMMM model. This birthed the pro-labour trade - and GLD/TLT as well. While GLD/TLT has been good - it also made predictions about asset markets being stagnant, or at least US dollar weakness. This has been wrong. As I have been contemplating these failed models, I have also been ruminating on ideas of empire, the rise of a digital world, and tech for awhile - and have started to think we can fold “old school macro” in to tech and industry analysis, which would create a model that explains the modern world. What I have been thinking about is the vast technological change we are undergoing at the moment, and what precedents we have to think about . 100 years ago the US birthed the auto industry as we know it. This fundamentally changed society - but also changed the US place in the world. US industry quickly dominated the auto industry - and the US became the dominant nation. Post World War 2 - US dominance of the the most important industry in the world - the auto industry- was coming under threat. FDR led unionisation of the auto industry led to US firms becoming uncompetitive and suffering at the hands of German and Japanese auto firms. This led to a US trade deficit and falling gold reserves. The US left the gold standard - and modern day macro investing was born . With the gold standard, making predictions on currency or interest rates were largely unnecessary - fiat currency created the conditions for macro investing. The auto industry is generally estimated to be 10 percent of GDP for most nations, running from manufacturing, repair, sales and financing, but you could also include things like road maintenance and repair. From 1960 onwards, not only was the US importing cars, but the crude oil to run them. Japan, Germany, Saudi, Canada and Mexico all grew wealthy (some more than others) on the back of supplying US auto industry one way or another. However over the last ten years changes in technology has changed all of this. First of all, the shale revolution has made the US is energy self sufficient - which destroys the connection between US growth and energy suppliers. That is a booming US does not necessarily make Canada or Saudi wealthier . Secondly, with the world moving to electric vehicles - the US has the leading company in Tesla. For decades, Toyota was worth more than Ford, the leading US car company. But since 2020, Tesla has been far more valuable than Toyota. The traditional conduits via which US growth is spread to the rest of the world have been or are in the process of being cut. Industry analysis has eaten macro analysis, or at the very least changed it completely. Another feature of Western dominance and now mainly US dominance is a political system that allows the masters of new technology to assume political control. The ability to absorb the masters of new technology into the political system is underrated feature of the West- mainly because the existing old order bitterly resent it. A typical old man gripe would be about the new wave of populist leaders. But one thing common about populist leaders is that they are much more effective on social media. What is interesting about Trump Mark 2.0, is that social media, and new tech leaders have lined up with him, far more than in his first term. Politically, it is hard to see how bringing in the new leading industries into the political world is a bad thing for the US. You can compare and contrast with Volkswagen that is facing a existential crisis, and has to deal with state government owners wishing to keep old engine factories open. One of the best university courses I did was called “Asian Giants” and compared and contrasted how India, China and Japan dealt with the Western Powers and their Asian colonialism. India just accepted them as another ruling class - and eventually saw deindustrialisation as British rulers saw no need in encouraging competition. China rejected all Western influence - and saw its nation carved up by Western powers, while Japan embarked on a process of modernization - which saw traditional leadership move from the samurai class to the merchant class. Within 20 years Japan had kicked out the foreigners and began to build its own empire. Japan also had to go through a violent political reconfiguration - the Meiji Restoration - but ultimately a strong Japan was achieved. One of the things that “old men” often fixate on is the dominance of the US in equity markets. Many, many macro careers have been destroyed by trying to catch a mean reversion trade, that is betting on emerging market or Europe rather than the US. But this chart is driven by two big technological trades. First modern cloud computing means that the need to use local companies for anything is unnecessary and pointless. Economies of scale drive everything to the US (he says as he uses San Francisco based Substack and Stripe - while writing a note on macro investing while in Spain). This is different to say the mobile phone boom in 1999, where Vodafone was the largest stock in the UK. The second feature is that the US and China have stolen a march on Japan and Europe in electric vehicles. This reliance on lagging technology is probably why the Euro and Yen has been such poor currencies, and why the US dollar has been strong. Chinese Yuan has been also better than Euro or Yen. This probably explains why currency has also been the other killing field for macro investors. Short dollar trades have been very poor . Putting it all together, from a tech perspective China is the only threat to the US . Japan and Europe have missed the boat on cloud and social media tech, and are badly compromised on EV, while China is competitive in both these areas. On drone technology, which modern warfare seems to be based, China is probably ahead of the US. For me, we are now at an interesting political, tech and macro crossroads. Chinese and US politics has diverged radically on tech. In the US, we have Elon Musk as best buddy to Trump, and big tech is close to big power. In China, they have chosen to regulate tech move heavily, and encourage far more competition . This has led to the Chinese Yuan outperforming Euro and Yen, but not translated into better equity performance. Macro trading, as far as this old man now understands it, was the result of US technology propagating across the world, and in some cases, like Germany and Japan, taking this technology and improving it . This led to shifts in currencies, interest rates and growth rates. But new technology has led to a shift back to the US. In areas like cloud computing or social media, its hard to see that shifting back to Europe or Japan without government intervention. In EV, we can see that China has probably already stolen a march on Europe and Japan, and is already squeezing Tesla in China. China already has used government intervention to keep cloud computing and social media in domestic hands. Using tech changes to think about macro changes means I think we only see big changes in markets when Europe and Japan get serious about industrial policy. For that, they need strongman politicians, and not the lawyer/banker politicians we have now. That transition is beginning in my view (Germany, France and Japan all going through political transitions). As my university course taught me, the country that can break down the old industries to allow new industries to thrive will be the ones to buy. Macro is a now a tech and political question - something old macro investors are not good at. There is no country for old macro.LUQUE, Paraguay — Sake is perhaps more Japanese than the world-famous sushi. It's savored in the country’s pub-like izakayas, poured during weddings and served slightly chilled for special toasts. The that plays a crucial role in Japan's culinary traditions was enshrined on Wednesday by on its list of the “intangible cultural heritage of humanity." At a meeting in Luque, Paraguay, members of UNESCO’s committee for safeguarding humanity's cultural heritage voted to recognize 45 cultural practices and products around the world, including Brazilian white cheese, Caribbean cassava bread and Palestinian olive oil soap. Unlike UNESCO’s World Heritage List, which includes sites considered important to humanity like the Pyramids of Giza in Egypt, the Intangible Cultural Heritage designation names products and practices of different cultures that are deserving of recognition. Japan's Takehiro Kano, ambassador to UNESCO, reacts after the traditional Japanese brewing of sake was officially named to UNESCO's "intangible cultural heritage of humanity" list during a World Heritage Convention in Asuncion, Paraguay on Wednesday. A Japanese delegation welcomed the announcement in Luque. “Sake is considered a divine gift and is essential for social and cultural events in Japan,” Kano Takehiro, the Japanese ambassador to UNESCO, told The Associated Press. The basic ingredients of sake are few: rice, water, yeast and koji, a rice mold that breaks down the starches into fermentable sugars like malting does in beer production. The whole two-month process of steaming, stirring, fermenting and pressing can be grueling. The rice — which wields tremendous marketing power as part of Japan's broader cultural identity — is key to the alcoholic brew. For a product to be categorized Japanese sake, the rice must be Japanese. Japanese sake, a nominee for UNESCO's "intangible cultural heritage of humanity" list, are displayed on Japan's delegation table, during a UNESCO World Heritage Convention in Asuncion, Paraguay, on Wednesday. The UNESCO recognition, the delegation said, captured more than the craft knowledge of making high-quality sake. It also honored a tradition dating back some 1,000 years — sake makes a cameo in Japan’s famous 11th century novel, “The Tale of Genji,” as the drink of choice in the refined Heian court. Now, officials hope to restore sake's image as Japan's premier alcoholic drink even as the younger drinkers in the country switch to imported wine or domestic beer and whiskey. the listing could give a lift to the country's export economy as the popularity of sake booms around the world and in the United States amid heightened interest in Japanese cuisine. “I hope that this will also be an opportunity for Japanese people to take another look at sake, shochu and awamori, which are the essence of their culture," Hitoshi Utsunomiya, director of the trade group Japan Sake and Shochu Makers Association, said in Tokyo. "I would like them to try it even once and see what it tastes like,” he said. Sake exports, mostly to the U.S. and China, now rake in over $265 million a year, according to the association. Japan's Takehiro Kano, ambassador to UNESCO, reacts as the traditional Japanese brewing of sake was named to UNESCO's "intangible cultural heritage of humanity" list during a World Heritage Convention in Asuncion, Paraguay on Wednesday. Japan's delegation appeared ready to celebrate Wednesday — in classic Japanese style. After the announcement, Takehiro raised a cypress box full of sake to toast the alcoholic brew and cultural rite. “It means a lot to Japan and to the Japanese,” he said of the UNESCO designation. "This will help to renew interest in traditional sake elaboration.” In Tokyo, Japanese Prime Minister Shigeru Ishiba said he was “delighted” by UNESCO's recognition of traditional sake-making techniques, and he congratulated those dedicated to preserving and promoting the tradition. The crisp autumn air ushers in more than just pumpkin spice latte season. Consider cozying up inside with friends for a wine tasting and sharing delicious food and drinks with more complex flavors than cinnamon and sugar. Perhaps once thought of as stuffy affairs only for wine connoisseurs, today a tasting can be as casual as pouring a few bottles while doing another activity—say, bar games like darts or art activities like painting. The tasting can also be more traditional, especially if held at a winery or local wine shop, which is a great way to learn about what wines you might like to later serve at home. To host the ultimate wine tasting, it pays to do some R&D. One of the best aspects of hosting a wine tasting at home is that you get to establish the mood, tone, and guest list for the gathering—you can't pick a playlist when you sample wines at a bar or wine shop or make the dress code loungewear. So whether the mood is serious or playful, sophisticated or laid-back, the key to a successful tasting is enjoying and appreciating the wine and having fun with friends and family. Of course, there are a few other things to figure out along the way. put together a few tips for hosting your wine-tasting party. A tasting party is all about sampling different wines and evaluating and hopefully enjoying them—and there are a variety of ways to do that. Would you like to host a playful gathering where each guest brings a mystery bottle of wine within a certain price range—a BYOB affair? Or would it be better to have more control over which wines are featured by curating and supplying all the wines as a host? This decision sets the tone—a tasting where guests contribute wine can be a bit of a free-for-all, whereas one where you select wines you supply allows guests to sit back and simply enjoy. And you don't have to break the bank to buy excellent wines—there are lots of wine experts ready to share their affordable picks. How much folks know about wine differs—and that's a good thing. Tastings are group learning experiences. Expertise isn't necessary to host or attend a tasting, but it is helpful to think about what will keep guests comfortable and having fun. Decide whether the vibe will be relaxed and laid-back, like friends sipping wine fireside, or more upbeat and formal. Think about elements like the atmosphere and the location, and consider whether folks will be seated or standing. Will you have a spirited playlist (couldn't resist) or live music? Do you want an expert to introduce each wine, or will you be that expert? Consider how guests will share their thoughts on what they are tasting. Do you want to just talk about them or do something more organized, like take notes or give ratings? Then supply notebooks or notecards and pencils, with categories or questions established ahead of time—all of which can reflect your evening's tone as well. Picking a theme is essential to curating the selection of wines—it's the organizing principle behind your selections. Otherwise, your tasting might as well be just walking down the wine aisle at the grocery store and taking sips from random bottles. There's too much wine out there not to be strategic about this. Plus, a theme helps you to tell the story of each wine better—it's the plot line of the night, if you will. Common themes are types of wine, regions they are from, or even price points—really, one can get as creative as they wish. For inspiration, check out local wine shops and see what they do for tastings. Often, they will follow seasonality and group wines in novel ways for their own in-house tastings. Don't let food be an afterthought for the festivities—after all, food can enhance particular qualities of wine and vice versa. There are many rules around what foods to pair with which wines, but consider this simple advice from Alder Yarrow's : "Stick with eating good food and drinking good wine." Since the focus is on the wines, allow the drinks to determine what food makes sense, but don't overthink it. Food is a supporting character here—at the very least, guests will need something to soak up all the alcohol (unless you are spitting it out). Eating foods that contain a mixture of protein, fats, and carbs when drinking helps . Whether it's a full meal or heavy hors d'oeuvres, thoughtful noshes are necessary. The bottom line is, however you do it, hosting the ultimate wine tasting should be fun. Wine can feel intimidating to many people, but most wine experts are passionate, inspired folks who want to share what they know and help you find wines you like. So visit your local wine store or winemaker and ask questions. There are good guides specifically concerning how to taste wine. Dig a little, taste a lot, and have fun. It's all research for your next ultimate wine tasting. How many people to invite is a question largely informed by the answers to tip #1: Are you having a big, formal affair or an intimate catch-up with close friends? Or something in between? Whatever the case, an RSVP is essential because not only do you need to plan the setup of the space, but you must also make sure there's enough wine for everyone to taste, including each of the wines featured. There's nothing worse than a tasting that runs dry! The math to determine how much wine you need considers the size of the tasting pours—a full glass of wine at a restaurant is usually around 5 ounces, which yields around five glasses of wine from a standard bottle. For tastings, you'll want to do less, depending on how many wines you are featuring—say, 2 ounces if you'll be trying a lot of different wines. Experts agree, having more wine than you need is always a good idea—that way you can send guests home with a bottle should there be a prize at the end of the night. Get local news delivered to your inbox!
Washington (CNN) — President-elect Donald Trump has named Billy Long, a former Republican congressman from Missouri, to head the Internal Revenue Service, signaling plans to oust current Commissioner Danny Werfel before his term expires in 2027. Replacing Werfel, who was picked by President Joe Biden, could mean a major shift at the agency, which has been undergoing a massive transformation that’s become a political football in Washington. Democrats have argued the agency, after facing years of budget cuts, needs more money to go after tax cheats and modernize its technology. And Republicans, many of whom – including Long – have supported shutting down the agency altogether , are skeptical that new enforcement actions won’t unfairly target middle-class Americans. Last year, Republican lawmakers successfully clawed back $20 billion of the $80 billion provided to the IRS by the Democrat-backed Inflation Reduction Act that passed in 2022. Further cuts to the IRS’ budget could be a priority for Trump, who has put Elon Musk and Vivek Ramaswamy in charge of a new commission to cut federal spending . While the Inflation Reduction Act spells out how much money can be used for enforcement activities and taxpayer assistance, it’s largely up to the IRS, which is housed in the Department of Treasury, to decide how exactly the money is spent . One of the biggest projects under Werfel – the launch of a free tax filing program called Direct File – doesn’t have the backing of many GOP lawmakers, some of whom have criticized the program as “illegitimate and unnecessary.” There are Republicans who have also voiced concern about the effort to ramp up enforcement. Some, including Trump , have misleadingly suggested that the IRS is hiring 87,000 new auditors to target middle-class Americans and small business owners. But Democrats say the IRS needs the influx of money to successfully go after tax cheats. Prior to the Inflation Reduction Act, the agency did not have the staffing or resources to pursue high-income earners that the agency knew owed taxes, Werfel said earlier this year . So far, the IRS has collected nearly $1.3 billion in overdue taxes from wealthy households due to the new enforcement efforts. Less controversial efforts undertaken under Werfel’s leadership have been aimed at making it easier for Americans to file their federal taxes, like hiring thousands more customer service representatives and updating the agency’s archaic technology so that it can digitize paper forms . The independent Congressional Budget Office and other budget experts say that spending money on tax enforcement can reduce the deficit by bringing in more tax revenue. Long served 12 years in the House of Representatives from 2011 to 2023. He ran unsuccessfully for a Senate seat in 2022. During his time in Congress, Long served on the Energy and Commerce Committee, the Homeland Security Committee and the Transportation and Infrastructure Committee – but not on the House’s main tax-writing committee. He co-sponsored, along with dozens of other Republicans, bills to abolish the IRS and replace the federal income tax system with a national sales tax. Long currently works as a certified tax and business adviser, according to his X bio . “DM me to save 40% on your taxes. We have a new traunch of tax credits just out!” it says. “Since leaving Congress, Billy has worked as a Business and Tax advisor, helping Small Businesses navigate the complexities of complying with the IRS Rules and Regulations,” Trump said in a statement Wednesday announcing his pick. In the private sector, Long has been helping people file for the employee retention tax credit, a pandemic-era benefit. The IRS temporarily paused processing of those claims in 2023 amid concerns of fraud . In a 2023 podcast interview , Long talked about how he only helps people who are eligible to claim the tax credit. “If they don’t qualify, we do not tell them they do. And we do not to get them through the process,” he said. “Taxpayers and the wonderful employees of the IRS will love having Billy at the helm. He is the consummate ‘people person,’ well respected on both sides of the aisle,” Trump said in his statement. A former professional auctioneer, Long once used his skills to drown out a protester who was disrupting a committee hearing on Capitol Hill. The-CNN-Wire TM & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Broncos' Zach Allen questionable for Sunday's game at Las Vegas, Brandon Jones to return
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