#Policy# | 🛍️✈️ #Hengqin# Shopping Upgrade! On July 1, Hengqin launched a new departure tax refund service across 74 registered stores, including Chimelong Ocean Kingdom. Global travelers spending 200 yuan or more can use a streamlined "one bag, one code" paperless system, bypassing unpacked customs inspections. Backed by a new three-year subsidy plan (2026–2028), Hengqin is partnering with #Macao# and #Zhuhai# to build a world-class cross-border shopping paradise. Dive in: #TaxRefund# #ChinaTravel# #DutyFree# #China# #Guangdong#

WOW China | Instant tax refunds for departing travelers: Funds arrive in seconds; Foreign journalists praise "Beijing efficiency" Over 20 Chinese and foreign media reporters recently visited Beijing’s Longfu Temple commercial district, exploring time-honored brands such as Daoxiangcun and Fengnian Guanchang. Longfu Temple will soon join the “refund upon purchase” tax refund service, while nearby Beijing APM has already offered 9% cash tax refunds for overseas travelers since April 27. Shopping in Beijing is becoming even easier for international visitors.（Li Yue/China Youth Daily)

Good news for overseas travelers to China: Tax Refund policy 2.0 is here! New measures include: 🔹Random customs inspections for tax refund claims under ¥10,000 🔹Travelers not selected can skip goods inspection entirely 🔹Refund forms and invoices are now fully digitalized … Faster, easier, smoother. #ShoppingInChina# #ChinaTravel#

American families are reaping the benefits of @POTUS’ pro-growth tax policies. This past filing season, the average tax refund reached over $3,400, thanks to the Working Families Tax Cuts. American taxpayers are keeping more of their hard-earned income, strengthening household finances and giving families greater confidence to save, invest, and plan for the future.

BESSENT: WE HAVE FULL INTENTION TO PASS THE $5000 CHECKS FOR AMERICANS dawg if they print another $1.3T, or even another $500B, into rate hikes...higher yields...worst diesel prices in years... how are we not going to have more inflation lol feels like it'll come through as some tax refund vs a direct $5000 payment because yes that $5000 will come into the economy but it will be funded through printing money which we dealt with already in 2020...it led to horrible inflation and 500bps of rate hikes in one year does not seem practical but the admin continues to say they are trying to explore the option

Bitcoin is going to melt faces so violently that entire branches of American civilization will be erased from the archaeological record. Some guy named Cody is selling his stack at $79,000 because the transmission fell out of his 2014 Silverado after he tried towing a bass boat with one functional spark plug. His girlfriend Kayleigh already spent the tax refund on a sectional from Rent-A-Center, three Stanley cups, and a purebred French bulldog that breathes like a shop vacuum eating a bath towel. Their adjustable-rate double-wide is behind on payments. The Monster Energy fridge in the garage has been repossessed. A regional manager from Aaron’s is circling the property like an Apache helicopter. Cody sells 0.63 BTC, fixes the truck, buys $440 worth of fireworks, and celebrates his financial recovery with twelve Bud Light Platinums at a Buffalo Wild Wings located between a vape shop and a pediatric urgent care. 18 months later, Bitcoin hits $400,000. That stack would have paid off his house, truck, boat, child-support arrears, and the financed zero-turn mower he used exactly twice before hitting a buried trampoline spring. He will stare at the chart from a cracked Android while standing barefoot in an above-ground pool turning faintly green behind a privacy fence assembled from six different kinds of lumber. His cigarette will burn all the way down to the filter. Kayleigh will ask why he’s being weird. Somewhere inside, a smoke detector will chirp every 43 seconds. Across America, millions of people will experience this exact spiritual execution. They sold the hardest asset on Earth to finance transmissions, destination weddings, sports-betting parlays, Bluetooth coolers, and kitchen islands made of material legally classified as countertop-adjacent. Then Bitcoin will rip through $500,000 like God’s own repo man, collecting every coin from every weak hand and leaving behind a continent of stunned men silently pressure-washing the same patch of driveway for four consecutive hours. bitcoin:native

Trump doubles down on the $5K checks to Americans: "If the Republicans win the House and the Senate, then I will give $5K to every adult in America. Let's call it the Trump Dividend." I did some basic math on this. Let's assume they will apply an income limit threshold because there is no way they are going to give $5K to the richest American adults even if they are saying every adult. So they income limit I'm using is the same one for the first round of stimulus checks in 2020. A hypothetical $5,000 payment to every eligible U.S. adult would provide the full $5,000 to single filers earning up to $75,000, married couples earning up to $150,000, and heads of household earning up to $112,500, with payments gradually phasing out and reaching zero at roughly $99,000 for singles, $198,000 for married couples, and $136,500 for heads of household. This gets us to around 200 million full-payment-equivalent adults to qualify after accounting for the phaseout, which means the program would cost approximately $1 trillion, with a reasonable rough range of $900 billion to $1.1 trillion, depending on the exact number of eligible adults and how dependents are treated. So even with a pretty aggressive income limit threshold, you get to $1T of money being given out to people, which might be a bit inflationary and make the Fed's job a little harder when it comes to tackling inflation. On the other hand, this might all just be marketing and it's not going to happen or it does happen through some tax refund, but given the number of people that would qualify, it would still be pumping hundreds of billions into the economy with oil already high, yields already high, and rates continuing to go up.