Promoting federal income tax exemption for households.

The Senate is pushing a bill to exempt households with an annual household income of $75,000 or less from federal income taxes, and attention is focused on its passage.

Senator Cory Booker introduced the “Keep Your Pay Act,” a middle-class tax cut, on the 9th. The bill would exempt the first $75,000 of annual income from federal income tax for married couples filing jointly. The bill would expand the standard deduction from $32,200 to $75,000, further expanding the exemption. The bill also expands the standard deduction to $37,500 for single adults filing individually and to $56,250 for households filing as head of households.

Congressman Booker explained that visitors can easily estimate the savings that could be realized if the bill becomes a reality by visiting his website (booker.senate.gov/tax-calculator). “It’s a simple idea: eliminate taxes on the first $75,000 of a household’s income,” he said. “We need a dramatic change to make the American Dream accessible to everyone once again.

The money needed to eliminate the income tax exemption can be more than offset by measures like curbing corporate tax evasion and raising taxes on the wealthy and corporations.

New York City pushes for a $30 per hour minimum wage.

The New York City Council is actively pursuing a plan to raise the minimum wage to $30 per hour, and attention is focused on its future course.

On the 10th, New York City Councilmember Sandy Nurse (Democrat) formally introduced a minimum wage increase ordinance (Int. 757) with these provisions to the City Council and began the process for its passage. The ordinance introduced that day stipulates that the minimum wage per hour for companies with 500 or more employees will gradually increase starting at $20 in 2027, $23 in 2028, $26 in 2029, and $30 in 2030, and starting in 2031, it will automatically increase annually in line with the Consumer Price Index (CPI-W), or inflation rate. The ordinance also includes a provision to gradually increase the minimum wage per hour for small businesses with 500 or fewer employees over five years, starting at $19 in 2027, then $21.50 in 2028, $24 in 2029, $27 in 2030, and $29 in 2031, before automatically increasing annually starting in 2032, also linked to the rate of inflation. If this ordinance becomes law, New York City will have the highest minimum wage in the United States.

The $30 hourly minimum wage was one of Mayor Zoran Mamdani’s key campaign promises during last year’s mayoral election. If the ordinance passes the City Council, it will almost certainly take effect immediately, without a veto. The ordinance will take effect 180 days after the mayor signs it.

At a press conference held after introducing the ordinance that day, Councilmember Nurse pointed out, “Currently, a worker earning the minimum wage of $17 per hour in New York City has an after-tax real income of only $500 per week, which makes it virtually impossible to live in New York City.”

She continued, “There is research that shows that a real ‘living wage’ in New York City, considering the consumer price index, should be at least $36.99 for even a childless adult. Considering the high inflation and the murderous cost of living in New York City, the current minimum wage of $17 is woefully inadequate,” emphasizing the legitimacy of raising the minimum wage to $30.

Councilmember Nurse continued, “Currently, New York City’s minimum wage falls short of Flagstaff, Arizona’s $18.35, Denver’s $19.29, and Seattle’s $21.30.” Meanwhile, regarding Councilmember Nurse’s proposed minimum wage increase to $30, New York City Mayor’s spokesperson Dora Pequek said, “While the city government is reviewing this ordinance, Mayor Mamdani will focus on solving the housing and other cost-of-living crisis for workers using all available city resources,” avoiding a direct answer to the question of whether Mayor Mamdani supports or approves of the ordinance.

Virginia’s Housing Expo is held at Fairfax High School.

The 16th Northern Virginia Housing Expo, a one-stop shop for information on home buying, selling, remodeling, and repairs in Northern Virginia, will be held on Saturday, July 7th, from 10:00 AM to 3:00 PM at Fairfax High School (3501 Lion Run) in Fairfax City. This event is sponsored and co-hosted by the Virginia Housing Authority, the U.S. Department of Housing and Urban Development (HUD) DC Chapter, the Northern Virginia Association of Realtors (NVAR), and local governments throughout Northern Virginia.

It is open to the public at no cost. Attendees can consult with housing experts in the exhibition hall and receive a variety of services, including informational workshops and one-on-one financial coaching.

Expert workshops will cover topics such as credit management, first-time homebuyer programs, the rental and purchase process, senior housing options, and how to utilize a real estate agent. Certified volunteer coaches will also be available on-site to provide personalized financial advice.

Meanwhile, the online event held last year reportedly attracted a whopping 200,000 attendees, making it a huge success.

Iran’s Leader’s Elections Office Collapses After US Bombings

The building of the Council of Experts, the constitutional body that elects Iran’s Supreme Leader, collapsed on the 3rd (local time) after being bombed by the United States and Israel, CNN and local Iranian media reported. Speculation had been raised that the election of the next Supreme Leader would be postponed due to the safety of the Council members being threatened by continued US and Israeli bombing, but conflicting reports have also emerged that a final announcement is imminent.

The Council of Experts, a constitutional body comprised of 88 clerics with eight-year terms, is currently in the process of selecting a successor to Ayatollah Seyyed Ali Khamenei, who was killed in a US and Israeli airstrike on the 28th of last month. The headquarters of the Council of Experts, located in the central Iranian religious city of Qom, was bombed by the Israeli military on Tuesday.

President Donald Trump also told reporters that day, “There was another attack on the new leadership today.” However, local media reported that the meeting was not in session at the time of the bombing. Iran’s semi-official Fars News Agency reported that the Council of Experts was discussing the Supreme Leader election via video conference and that it was in the “final stages,” but it was unclear when the final results would be announced.

AFP and Iranian dissident media outlet Iran International also reported that Fars News reported that the final in-person meeting of the Council of Experts could be postponed until after Khamenei’s funeral and burial, which is expected next week, due to heightened security measures. Khamenei’s body will be buried in his hometown and a Shiite holy city, Mashhad, Iranian media reported on Tuesday.

The funeral date has not yet been announced, but Iran’s Revolutionary Guard Corps said via Telegram that a mass funeral would be held in the capital, Tehran, ahead of Khamenei’s burial. However, there are conflicting views that a final decision could be made soon, with the New York Times (NYT) reporting that the Council of Experts is considering officially announcing Khamenei’s second son, Mojtaba Khamenei, as the next Supreme Leader on the morning of the 4th.

On the fourth day of armed conflict, the United States and Israel continued their large-scale offensive not only against the Council of Experts building but also against several locations in Iran, including Tehran. According to local media, including Mehr News Agency, Tehran’s Mehrabad International Airport was attacked. Local media published photos showing smoke billowing from the airport after the bombing. Local media also reported that a parked aircraft at Bushehr Airport in the south was damaged by airstrikes.

Israel also carried out a large-scale strike on Iranian weapons production facilities and ballistic missile launch sites. The Israeli military explained that in the central city of Isfahan, dozens of ballistic missiles launch sites and storage warehouses were targeted.

High exchange rates lead to fewer people studying abroad.

Even after graduation, H-1B employment is blocked, and the number of international students has been cut in half in the past 10 years. Mr. Kim, a Korean-American in his 20s who came to Korea to study and graduated from college, had planned to continue his master’s degree in the United States, but decided to give up that plan and return to Korea. He had hoped that earning a master’s degree in engineering would lead to employment at a US company, but the increasingly difficult reality was formidable.

Tuition, housing, and other expenses would cost tens of thousands of dollars annually, and the high exchange rate and rising prices in the US only increased the burden. Mr. Kim cited his wavering confidence in finding a job in the US as the biggest reason for his decision to return to Korea. He saw many of his acquaintances who had already completed their studies struggling to find jobs or losing their jobs due to company downsizing. In Korea, there was frequent talk that American degrees were no longer as valuable as they once were. Ultimately, he chose to return to Korea to help his family business and prepare for employment in Korea.

Like Kim, there are a growing number of Korean students in the United States who are dropping out of their studies or abandoning their plans to pursue further education or employment in the United States. This is due to the soaring exchange rate and skyrocketing prices in recent years, leading to a snowballing cost of living and studying in the United States. Furthermore, since the inauguration of President Trump’s second term, anti-immigration policies have intensified, and the increased scrutiny of student and work visas has deepened uncertainty about their residency status. Such cases are numerous.

According to Yonhap News, Mr. Lee (28), who graduated from a computer engineering department at a state university in the United States in 2023, returned to Korea in July of last year. He said, “After failing the H-1B visa lottery twice, I had no other options.” There was a three-year Optional Practical Training (OPT) period given to STEM (science, technology, engineering, and mathematics) majors, but the job market was narrowed due to companies being reluctant to sponsor visas, so they had to pack their bags.

Lee said, “Since the second half of last year, when big tech companies carried out large-scale layoffs, the number of new visa sponsors has practically come to a standstill. I was accepted by a small and medium-sized IT company, but after failing the H-1B lottery twice, I couldn’t hold on any longer.”

Park (55), who sent his son to study abroad at the University of California, also said that he recently decided to have his son return to Korea. His goal was to have his son majoring in biotechnology go to graduate school, but the soaring exchange rate forced him to give up on that plan.

Park said, “I even considered taking out a mortgage on the apartment I had planned for retirement and eventually persuaded him to just finish his bachelor’s degree and come back. My son understood the reality and chose to return to Korea.” Kim (24), a design major at a New York university, took a leave of absence in June of last year after completing her third year.

“When I first studied abroad, the exchange rate was around 1,200 won, but it quickly rose to over 1,400 won. Adding up my annual tuition and living expenses, I ended up spending over 40 million won more per year than the Korean won my parents sent me,” Kim said. “I considered moving to the outskirts to save on rent, but the commute and safety concerns made it difficult. Ultimately, after discussing it with my parents, I decided to return to Korea for a while and see how things unfolded.”

This trend extends beyond four-year universities. Park (23), a community college student, also dropped out for similar reasons. Park said, “With the rising exchange rate, even community college tuition has become more expensive than private Korean universities,” and ultimately decided to prepare for the Korean university transfer exam. The decline in Korean students studying abroad in the United States is also reflected in the numbers.

According to the Korean Ministry of Education, as of April last year, there were 129,713 Korean students enrolled in higher education institutions overseas. This represents a 14-year decline since the peak of 262,465 in 2011. Overseas funding for study and training programs has also declined. According to the Bank of Korea’s Economic Statistics System, funding for study and training programs fell from $4.488 billion in 2010 to $3.0527 billion last year. According to a previous survey conducted by the Institute for International Education (IIE) on 828 higher education institutions in the United States last year, approximately 57% of institutions reported a decline in new international student enrollment, with 96% citing “visa application concerns” as the main reason for the decline.

A representative from one study abroad agency stated, “Many students are abandoning their study abroad plans due to high exchange rates or visa issues,” adding, “The study abroad market is in a severe state of decline.”

New York City’s proposed 9.5% property tax increase halted.

New York City Council Speaker Julie Menin has made it clear that she will reject Mayor Zoran Mamdani’s proposed 9.5% property tax increase.

Menin expressed her opposition on the 20th, stating, “Mayor Mamdani’s proposed property tax increase is unfeasible.” The mayor’s proposed 2026-27 budget, released on the 17th, included a plan to raise property taxes by 9.5% if the tax increase fails, and the Councilmember, who has the authority to approve it, has made it clear that she will reject it.

Councilmember Menin emphasized, “A property tax increase will directly impact small property owners, small businesses, and communities of color.”

According to a New York Times analysis, Mayor Mamdani’s proposed property tax increase would affect over 3 million single-family homes and apartments and over 100,000 commercial buildings. If implemented, the city could secure an additional $14.8 billion in tax revenue over the next four years.

As of this year, New York City property taxes are 19.843% for Class 1 (one- to three-family homes and condos) and 12.439% for Class 2 (apartments, co-ops, and large condos). While New York City property taxes are the only tax the mayor can control without state or legislative approval, any increase requires City Council approval.

Homeland Security cracking down on anti-ICE media platforms

The New York Times (NYT) reported on the 13th that the Department of Homeland Security (DHS) is pressuring Big Tech companies to identify social media users who monitor or criticize the activities of Immigration and Customs Enforcement (ICE). According to the report, DHS has sent hundreds of administrative subpoenas to major tech companies, including Google, Meta (parent company of Facebook and Instagram), Reddit, and Discord, in recent months.

The subpoenas reportedly demanded personal information, such as real names, email addresses, and phone numbers, from anonymous accounts that share the locations of ICE agents or criticize ICE. DHS argued that these measures are to ensure the safety of field agents and that the government has broad administrative subpoena powers.

Unlike regular warrants that require court approval, administrative subpoenas can be issued by the executive branch on its own and were previously used only in the investigation of serious crimes such as child trafficking. However, the New York Times pointed out that under the Trump administration, this administrative subpoena power has been abused to silence criticism of ICE. In September of last year, DHS subpoenaed Meta to learn the identity of the operator of an Instagram account that posted information about ICE raids in California. However, after the ACLU filed a legal action, the agency withdrew the request before a court ruling. A similar situation occurred with the “Mongko Community Watch” account, which shared the locations of ICE agents in Montgomery County, Pennsylvania.

In October of last year, Meta notified the operator of the account that, “If no legal objection is filed, the information will be turned over to the government in 10 days.” When the operator filed a lawsuit through the ACLU, DHS withdrew the subpoena within two days.

Attorney Roney noted, “The government is employing a strategy of withdrawing subpoenas once a lawsuit is filed to avoid creating a precedent unfavorable to them. Ultimately, this forces individuals to take the burden of appealing directly to the courts.” Tech companies are taking a cautious approach to the government’s excessive demands for information.

A Google representative stated, “When we receive a subpoena, we review it by balancing the protection of user privacy with fulfilling our legal obligations. Unless prohibited by law or in exceptional circumstances, we notify users, and we reject broad requests.”

This controversy aligns with the Trump administration’s strong anti-immigration stance during its second term. Tom Homan, White House border czar, recently pledged in an interview to build a database of individuals who obstruct or impede ICE’s operations.

Crackdown on vehicles violating bus routes

As Automated Camera Enforcement (ACE) for vehicles that trespass in bus lanes or illegally park at bus stops is gradually being implemented in New York City, enforcement of violations began on the Q17 and Q27 bus routes, which pass through Flushing, Queens, on the 16th.

Using ABLE cameras installed on MTA buses, enforcement of violations includes not only existing bus lane violations such as trespassing, stopping, and obstructing bus stops, but also all vehicles that impede bus operation, such as illegal or double-parked vehicles at bus stops.

However, fines will not be issued until a 60-day grace period. Fines are $50 for the first offense but can reach up to $250 for repeat offenses.

According to MTA, ABLE cameras are currently installed on 54 bus routes across the city.

The Epstein Document clashes in Congress.

As the fallout from the release of documents related to sex offender Jeffrey Epstein continues in the US political arena, Attorney General Pam Bondi, who appeared before a congressional hearing on the 11th, engaged in a heated exchange of harsh words with Democratic lawmakers.

Democrats focused their scrutiny on the Justice Department’s process for releasing the Epstein documents, and Bondi immediately pushed back, defending the Justice Department’s response and President Donald Trump. At the House Judiciary Committee hearing that day, Committee Ranking Member Jamie Raskin (D-Maryland) opened the fire.

Representative Raskin, naming Epstein victims and their families who were present at the hearing, urged Attorney General Bondi, “To advance justice for our people, you must listen to the voices of victims like the women sitting behind you today.” He went on to emphasize that Epstein victims are “demanding the truth and holding accountable those who trafficked and sexually abused them.”

Attorney General Bondi then said, “I am deeply sorry for what that monster has done to any of his victims,” and “I will take any criminal allegations seriously and investigate them.” Democrats particularly criticized the Justice Department for redacting the names of the perpetrators in the Epstein documents and releasing their photos and private details. “

As Attorney General, you are siding with the perpetrators and turning a blind eye to the victims,” Raskin said, while Rep. Pramila Jayapal (D-Washington) added, “The Justice Department has a pattern of covering up the names of powerful perpetrators.”

As the battle intensified, Bondi responded with an unusual and aggressive response, using derisive language toward Democrats, the Associated Press reported. When Raskin pressed Bondi on the Justice Department’s alleged targeted investigations and the lack of proper investigations into Epstein’s perpetrators, Bondi raised her voice and called the former constitutional law professor a “washed-up loser lawyer, not even a lawyer.”

When Rep. Jayapal demanded that Bondi turn around and apologize to the surviving victims sitting behind him, Bondi sharply retorted, “I won’t get into a low-level argument to suit his political show.” On the other hand, during the Q&A session with Republican lawmakers, the atmosphere was friendly, with discussions of declining crime rates nationwide. Democratic Rep. Hank Johnson (Georgia) even sniped Bondi, saying he was “Jekyll and Hyde,” “nice to Republicans, but Hyde to Democrats.”

Rep. Thomas Massie, a junior Republican within the party, strongly criticized the Justice Department’s decision to release documents and expose the names of the victims, saying they “did the worst thing you could do to the survivors.”

Bondi responded by calling Massie a “failed politician,” “a Trump-obsessed derangement syndrome,” and a “hypocrite.” Secretary Bondi stated, “You’re sitting here attacking the president, and I won’t tolerate that,” citing President Trump’s signing of a bill to release the Epstein documents and the Justice Department’s subsequent release of over 3 million pages of documents.

The hearing also highlighted allegations that the Justice Department is abusing its law enforcement authority by targeting Trump’s political enemies. Secretary Bondi responded, “No one is above the law,” and “The weaponization of the Justice Department is over.”

Promoting a freeze on tuition fees until graduation

A bill to freeze tuition at New Jersey public universities from the time of admission until graduation is drawing attention. State Senator Shirley Turner recently introduced a tuition freeze bill that would prevent tuition increases for four years for New Jersey residents who enroll in public universities.

The purpose of this bill is to ease the burden of tuition by freezing tuition for all four years of undergraduate study.

Representative Turner explained the purpose of the bill, saying, “Due to the high cost of college in New Jersey, 30,000 New Jersey high school students leave each year for college in other states. We need to help high school students stay in New Jersey and complete their college education.”

According to state data, the average tuition for in-state students at New Jersey’s four-year public universities for the 2025-2026 school year will be $16,714, a roughly 15% increase from four years ago. The past two years have seen annual increases of more than 5%, particularly in the past two years.

Rep. Turner points out that when room and board costs are factored in, the total cost of tuition more than doubled. Furthermore, according to the Education Data Initiative, 13% of New Jersey residents have student loan debt, with the average debt reaching $37,287. This highlights the ongoing calls for urgent action to address the severe cost burden in New Jersey.

Universities are reluctant to address the tuition freezing bill. The Association of State Colleges and Universities of New Jersey stated, “While alleviating the burden of tuition is a top priority, there are times when a combination of factors makes an increase unavoidable.” If enacted, the tuition freeze will apply to incoming freshmen at public universities starting the academic year following the bill’s enactment.