Betting market data on Polymarket predicts a Donald Trump victory in the 2024 presidential election, giving him a 53% chance over Vice President Kamala Harris. This contrasts with national polls, which show a tighter race. While swing states are crucial, the financial world is also preparing for potential impacts of the election, including on the crypto market.
Congress leader Sam Pitroda’s comments regarding inheritance tax have ignited a political controversy during the ongoing national polls in India. Prime Minister Narendra Modi criticized the Congress for its alleged plans to redistribute wealth through inheritance taxation, while the party maintained that Pitroda’s remarks do not reflect their stance. The debate has reignited discussions about the implementation of inheritance tax in India, which was scrapped in 1985 due to low yield and high administrative costs.
