🚀 0% Capital Gains Tax Impact

Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. For 2025, investors with taxable income below $48,350 (single) or $96,700 (married filing jointly) will qualify for the 0% long-term capital gains rate, and Trump’s “big beautiful bill” could expand that group by boosting deductions. The standard deduction will rise slightly, and a new $6,000 deduction for older Americans ($12,000 for couples over 65) could further lower taxable income, making it easier for retirees in particular to lock in gains tax-free. That means a household earning $120,000 could, after deductions, still have enough room to sell some assets without paying any capital gains tax, a potential windfall for middle-income investors and retirees looking to rebalance portfolios. Financial advisors call it a “golden opportunity” to harvest gains or reset cost basis, essentially selling and rebuying assets tax-free to reduce future tax bills.

2. EchoStar shares surged nearly 80% after AT&T agreed to buy $23 billion worth of its wireless spectrum licenses, a deal that will expand AT&T’s 5G and fiber reach across more than 400 U.S. markets. The sale gives AT&T roughly 50 megahertz of mid- and low-band spectrum while helping EchoStar address FCC scrutiny over underused licenses that had drawn complaints from Elon Musk’s SpaceX. Alongside the sale, the two companies deepened their partnership, with EchoStar’s Boost Mobile set to operate as a hybrid mobile network under AT&T’s umbrella. The transaction, expected to close in 2026 pending approval, was hailed by AT&T’s CEO as a “win all the way around” for consumers, regulators, and investors alike.

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4. The Trump administration is floating a radical shift in defence spending: taking equity stakes in contractors like Lockheed Martin, which Commerce Secretary Howard Lutnick described as “basically an arm of the U.S. government.” The idea follows last week’s unprecedented $9 billion purchase of a 10% stake in Intel, a move Trump said he would replicate “all day long.” Supporters argue that this model could secure U.S. military and technological dominance while reducing what Lutnick called past “giveaways” in Pentagon funding. However, critics, including libertarians and free-market conservatives, warn that it blurs the line between national security and state ownership, raising concerns about political interference and the potential for creeping economic socialism. If adopted, the policy could mark one of the most significant overhauls of U.S. defence financing in decades.

   Headlines

   1. Frontier Airlines has launched 20 new routes to compete with Spirit Airlines.

   2. Lamborghini’s CEO states that US tariffs have led to a decline in American sales.

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Onwards and Upwards,

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