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I Asked ChatGPT What Elon Musk's ‘America Party' Means for My Taxes, Here's What it Said
As the rift between Elon Musk and Donald Trump grows, Musk's recent announcement of the potential launch of an 'America Party' has splashed across the headlines. While the Tesla billionaire's 'America Party' is in its nascent stages, it could make an impact on the future of politics. For You: See Next: The entry of a new and potentially popular third party into American politics could shake things up. While no one can predict the future, I asked ChatGPT to give me an assessment of what Musk's 'America Party' would mean for my taxes — here's what it had to say. Potential Party Platform Musk hosted a poll on X asking whether or not he should launch the America Party. After a few days, he announced the results and that he would be starting the American Party. Although the America Party has launched, it doesn't have an official platform yet. Even so, ChatGPT summarized what the party might stand for. 'Elon Musk launched the America Party in early July 2025, positioning it as a centrist, fiscally responsible and tech-forward alternative to both Republicans and Democrats,' according to ChatGPT. Check Out: Potential Tax Impacts If fiscal conservatism is the focus of the new party, it's likely to have some impact on everyone's taxes, especially if it ever gains power. ChatGPT claimed the new party tax policies might focus on the following: Fiscal conservatism and deficit-focused: 'The America Party's platform likely emphasizes deficit reduction via tax restraint, potentially favoring higher taxes on wealthy earners, reducing loopholes or phasing out regressive tax cuts,' ChatGPT said. Green energy and tech incentives: 'Expect the America Party to advocate for restoring or expanding clean-energy tax credits, R&D incentives and other supportive structures for sustainable tech,' the chatbot said. Pro-business and tech-friendly tax reforms: With a potential focus on 'tech-driven, low-regulation attitudes,' ChatGPT predicted this could translate into business tax reforms, such as lower corporate tax rates and tax incentives for startups. Potential Impacts Vary Across Households If the America Party came to power and enacted its agenda, different households would see different impacts. '[Top earners] could face marginal increases if deficit-driven reforms target high-income brackets. But they may benefit from enhanced R&D or green-business credits,' ChatGPT said. For mid-income families, the chatbot claimed they 'could see relief if payroll tax adjustments or retention of EV or green subsidies are part of the agenda.' And for low-income households, the chatbot predicted 'direct gains likely from restored rebates, tax credits and possibly expanded earned income tax credit, contingent on the America Party's social policy platform.' Likely Impacts Right Now While the party's platform might be interesting, it's worth pointing out that it's not even on the ballot nationwide right now. Although the America Party is trying to get started, it's initially set it's sights on a few congressional races, which wouldn't immediately push the country toward its agenda. 'Minimal direct impact on your taxes for the short-term — unless America Party candidates win seats in 2026 and influence future bills, ChatGPT said. The America Party is getting off the ground. While it's building out a platform, it has yet to win any elections. Until it gains real influence, it likely cannot influence tax policies or your taxes directly. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on I Asked ChatGPT What Elon Musk's 'America Party' Means for My Taxes, Here's What it Said
Yahoo
10 minutes ago
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Fact Check: Video shows Trump cheating at golf in Scotland
Claim: A video authentically shows U.S. President Donald Trump cheating at golf by violating rules while playing at his Trump Turnberry resort in Turnberry, Scotland, in late July 2025. Rating: A rumor that circulated online in late July 2025 claimed a video showed U.S. President Donald Trump cheating at golf by violating rules while playing at his Trump Turnberry resort in Turnberry, Scotland. Trump's trip to his golf course, scheduled for July 25-29, also featured an on-site meeting with British Prime Minister Keir Starmer, among other official matters and meetings. Snopes received reader emails and website searches asking about the rumor. For example, one user emailed, "Did Trump get caught on video cheating at golf while playing in Scotland?" Another reader shared a link with the words, "Video of Trump's caddie helping him cheat at golf." That reader's link led to a Facebook post (archived) featuring the video with the caption, "The Golf Cheat Caught Red Handed. The undefeated Trump Club Champion exposed: Watch his caddie magically drop a ball for him without anyone noticing." The post, receiving over 5 million views, shows Trump driving a golf cart with two men walking nearby, both accompanying him as caddies. In the video, one of the caddies leans down and, without fully turning around, tosses a golf ball behind him on the fairway. The ball then bounces and rolls a short distance before settling, presumably making it easier for Trump to hit than where his previous stroke landed. Users also shared this clip on Bluesky (archived), Instagram (archived), Threads (archived), TikTok (archived), X (archived) and YouTube. The video truly showed Trump golfing at his Turnberry resort, either on July 26 or 27, as confirmed by comparing the clip to photos hosted by Getty Images, as well as several publishers' YouTube videos. While the casual, competitive or other nature of the round remained unknown, the clip authentically depicted Trump as violating — with the assistance of a caddie — golf rules that might allow a player to achieve a better outcome. Further, users' usage of the term "cheating" correctly aligned with some of Merriam-Webster's definitions of the word, including "to violate rules dishonestly" and "to use unfair or dishonest methods to gain an advantage." Snopes contacted the White House by email to ask about the cheating allegations and will update this article if we receive more information. Official golf rules and second video The United States Golf Association (USGA), based in the U.S., and Royal and Ancient Golf Club of St. Andrews (R&A), based in Scotland, are two primary governing bodies for the game of golf. The organizations maintain the sport's rules. Their book, "Rules of Golf," displays both the USGA and R&A logos. According to the R&A website (archived), if a player needs to perform what's known in golf as a drop, "Rule 14.3b(2)/1" requires the player to "drop the ball from a location at the player's knee height when in a standing position." Rules require a drop when a player cannot play a ball as it lies, as in penalty areas such as a pond, or in an unplayable position or out of bounds. The USGA website (archived) further clarifies, "Your caddie is not allowed to drop your ball." Another video circulating from the same weekend shows Trump getting out of a golf cart, walking several steps, leaning down and placing his ball on the fairway. He then brushes aside unidentifiable debris with his hand from around the ball. The clip depicts the green as visible nearby in the background. His placement of the ball directly onto the fairway violates the aforementioned knee-height drop rule. An X user posted (archived) the clip with the caption, "He lies and cheats at everything." Users also shared this clip on Threads (archived), TikTok (archived) and X (archived). Trump's history of cheating allegations in golf In 2019, sportswriter and author Rick Reilly published a book titled "Commander in Cheat: How Golf Explains Trump," alleging Trump has a long history of cheating at golf. That December, The Guardian reported on Reilly's claims. and also published articles regarding Reilly's allegations. In March 2024, reported that a Trump spokesperson denied Reilly's claims of cheating. For further reading, a previous fact check examined whether a video truly showed Trump swinging a golf club, missing the ball and then picking up the ball off the tee. "14 Procedures for Ball: Marking, Lifting and Cleaning; Replacing on Spot; Dropping in Relief Area; Playing from Wrong Place." R&A, "Definition of CHEAT." Merriam-Webster, Getty Images. McCool, Mary. "Security Tightens as Donald Trump Plays Golf at Turnberry." 26 Jul. 2025, McRae, Donald. "Rick Reilly: 'Donald Trump Will Cheat You on the Golf Course and Then Buy You Lunch.'" The Guardian, 10 Dec. 2019, Reilly, Rick. "How and Why President Trump Cheats at Golf — Even When He's Playing against Tiger Woods." 2 Apr. 2019, "Rule 9 - Ball Played as It Lies; Ball at Rest Lifted or Moved." USGA, Speakman, Kimberlee. "How Donald Trump Cheats at Golf, According to a Sportswriter: 'He Will Do Anything.'" 27 Mar. 2024, "The Rules of Golf 2023." R&A Publications, "Topic - Dropping." USGA, Weissert, Will. "Trump Talks Gaza, Ukraine and His Golf Course, in Meeting with UK's Prime Minister." The Associated Press, 28 Jul. 2025, ---. "Trump Will Visit Scotland, Where His Family Has Golf Courses, and Will Talk Trade with Starmer." The Associated Press, 17 Jul. 2025, Zurcher, Anthony. "Tee Time with Trump - Striking Balls and Deals over 18 Holes." 26 Jul. 2025,
Yahoo
10 minutes ago
- Yahoo
Nevada governor's race shaping up as a marquee battle in a state carried by Trump
LAS VEGAS (AP) — Setting the stage for what is expected to be a highly competitive fight for Nevada governor, Democratic Attorney General Aaron Ford announced Monday he will challenge Republican Gov. Joe Lombardo next year. Ford represents the highest-profile Democrat to enter the still-emerging contest in a battleground state carried by President Donald Trump in 2024. In the election, Trump made gains among younger voters, voters without a college degree and Black and Hispanic men. 'Nevadans are suffering in an economy that is rigged against those trying their hardest to stay afloat,' Ford said in a statement. "I will work to lower the crushing cost of housing and prescription drugs, strengthen our public schools and ensure every community in Nevada is safe.' The Better Nevada PAC — which supports Lombardo — called Ford a 'radical' who has pushed a 'dangerous woke agenda' on Nevada families. Even with the primary election nearly a year away, the race is widely seen as a toss-up, in part because Nevada is narrowly divided between Democrats and Republicans. As in many parts of the country, residents continue to be stressed by the cost of living and a lack of affordable housing. The race will unfold during an unsettled time nationally, with Democrats still trying to recast their brand after 2024 losses in Congress and the White House. Meanwhile, recent polling found only about one-quarter of U.S. adults say that President Donald Trump's policies have helped them since he took office. The poll from The Associated Press-NORC Center for Public Affairs Research found underwhelming marks for the president on key issues, including the economy, immigration, government spending and health care. Lombardo, who is expected to run for reelection, would come to the race with the advantages of incumbency. Not surprisingly in a swing state, he has sought to fashion a generally middle-ground Republican reputation at a time when Americans are deeply divided by partisan politics. Last month, Lombardo unexpectedly vetoed a bill that would have required voters to show a photo ID at the polls — a conservative priority across the country and something that has long been on the governor's legislative wish list. If elected, Ford would be Nevada's first Black governor.