Trump-backed candidate loses as Democrats score rare Florida win in Miami race
It took nearly 30 years, but Democrats finally broke their decades-long ballot box losing streak in Miami, Florida, the city known as the nation’s “Gateway to Latin America.”
Democrat Eileen Higgins, a former county commissioner, defeated Republican Emilio Gonzalez, a former city manager, in Tuesday’s Miami’s mayoral runoff election, according to the Associated Press.
While the election was technically nonpartisan, the ballot box face-off became the latest showdown this year between Democrats and Republicans, with both parties pouring in resources and the race grabbing plenty of national attention.
President Donald Trump endorsed Gonzalez, who served on Trump’s Homeland Security Department transition team, and this past weekend took to social media to emphasize that Miami’s mayoral election “is a big and important race!!! Vote for Republican Gonzalez.”
WHY MIAMI, FLORIDA IS IN THE NATION’S POLITICAL SPOTLIGHT
Meanwhile, the Republican Party of Florida poured in resources to boost Gonzalez.
But Democrats, energized by last month’s decisive 2025 election victories and by last week’s double-digit overperformance in a special election in a red-leaning congressional district in Tennessee, aimed for a victory in Miami.
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The Democratic National Committee (DNC) and allied groups invested in the race.
DNC Chair Ken Martin told Fox News Digital that, following last week’s “historic overperformance in Tennessee and the record Democratic momentum across the country this year,” the DNC is now “laser focused” on Miami’s mayoral runoff.
Higgins made history as the first woman elected Miami mayor. And her victory is another boost for Democrats.
“Tonight’s result is yet another warning sign to Republicans that voters are fed up with their out-of-touch agenda that is raising costs for working families across the country,” the DNC’s Martin said in a statement Tuesday night.
Florida was once the largest of the general election battleground states but has shifted dramatically to the right over the past decade.
Florida Gov. Ron DeSantis won re-election by nearly 20 points in 2022, and Trump carried the state by 13 points in last year’s presidential election victory.
But Miami remains a rare blue oasis in the Sunshine State. Trump narrowly lost the city in last year’s presidential election, although the president won the wider Miami-Dade County by 11 points.
Trump made major gains last year with Hispanic and Latino voters in his re-election victory, but Higgins’ win in Tuesday’s runoff election is the latest signal that Hispanic and Latino voters may be souring on the president and his party.
KEY TAKEAWAYS FROM THE 2025 ELECTIONS
Higgins, a mechanical engineer and former Peace Corps director in Belize, focused on the issue of affordability and of making local government work better and faster during her campaign.
González, a veteran and senior advisor at an asset management firm, spotlighted the fight against overdevelopment and called for the elimination of property taxes for primary homes as he bid for mayor.
Higgins captured 36% of the vote in the Nov. 4 election, with González coming in second at 19%, in the multi-candidate field. With no candidate topping 50%, the contest headed to Tuesday’s runoff.
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Higgins will succeed term-limited Republican Mayor Francis Suarez, who grabbed national attention two years ago as he briefly and unsuccessfully ran for the GOP presidential nomination.
Trump cites cheaper groceries, gas as he pushes back on Dem affordability message
President Donald Trump was in Pennsylvania Tuesday night touting his administration’s economic success, after Democrats swept a series of elections in 2025 while mainly campaigning on platforms focused on “affordability.”
“They caused the high prices, and we’re bringing them down,” Trump told the crowd in attendance at a casino resort in Mount Pocono, Pennsylvania, whom he spoke to for nearly two hours. “Lower prices, bigger paychecks – you’re getting lower prices, bigger paychecks, we’re getting inflation – we’re crushing it – and you’re getting much higher wages. The only thing that is really going up big – it’s called the stock market and your 401ks.”
Affordability has become a flashpoint heading into the midterms, with Republicans now fine-tuning their messaging on the economy after a slew of Democrats won elections in 2025 running on a platform focused on lowering costs. Prior to Tuesday night’s address in Pennsylvania, Trump told Politico in an interview that he would give his economy an “A-plus-plus-plus-plus-plus” grade, but a November Fox News national survey found that some 76% of voters reported they view the economy negatively, up from the 67% who reported the same in July, and up from the 70% who said the same at the end of former President Joe Biden’s term.
TRUMP INSISTS PRICES ARE ‘COMING DOWN,’ BLAMES BIDEN – BUT VOTERS SAY THEY’RE STILL GETTING SQUEEZED
Real-wages were among one of the several statistics that Trump shared with voters Tuesday to prove how much better the economy is under him than Biden. According to Trump, real wages “plummeted” by $3,000 under Biden, while under Trump’s second administration, the president said, the typical factory worker has seen their real wages increase by $1,300, construction workers by over $1,800, and miners by $3,300. Trump added that, under Biden, real-wages for construction workers dropped by $3,500.
To put things into perspective for the audience, Trump also touched on the price of everyday goods, and shared charts with the audience showing how the prices differed under his predecessor’s term. Citing a report from Walmart, Trump said the cost of a full Thanksgiving meal, trimmings, turkey and all, is 25% cheaper under his administration than it was under Biden. He said the price of Thanksgiving turkeys specifically was also down 33%.
Trump added that egg prices have “dropped like a rock” under his second term, noting their price point is down 80% since March.
TRUMP APPROVAL CLIMBS AS REPUBLICANS RALLY BEHIND PRESIDENT’S AFFORDABILITY AGENDA: POLL
“One of the most important ways we’re defeating inflation is by unleashing American energy, including oil, gas and clean beautiful coal,” Trump also said, citing data he said shows 22 different states have lower gas prices today than they ever have in the last seven years. Three of them, Trump noted, have gas as low as $1.99 per gallon.
Trump also touted lower mortgage rates under his administration, $18 trillion in new private investments compared to Biden’s less than $1 trillion, and a hot stock market as examples of how his economy is doing well.
“I can’t say affordability hoax because I agree the prices were too high. I can’t call it a hoax because they’ll misconstrue that. But they use the word affordability and that’s their only word,” Trump said while bashing Democrats on the economy Tuesday night. “They say, ‘affordability’ and everyone says, ‘Oh, that must mean Trump has high prices.’ No. Our prices are coming down tremendously from the highest prices in the history of our country.”
Trump added during his speech Tuesday night that Democrats talking about affordability, “is like Bonnie and Clyde preaching about public safety.”
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Meanwhile, amid his barbs at Democrats on their “affordability” messaging, Trump posited that he doesn’t have to “sell” his administration’s policies to anyone, because they are “the right policy.”
“We don’t have to sell men in women’s sports. We don’t have to sell transgender to everybody. We don’t have to sell open borders where the whole world is allowed to come into our country from prisons and everywhere,” Trump told the crowd. “That’s our message. They gave you high prices. They gave you the highest inflation in history.And we’re giving you we’re bringing those prices down rapidly.”
Eagles legend blames team’s offensive struggles on one man in particular this season
One Philadelphia Eagles legend is sick of seeing his old team struggle on offense, and he’s pointing the finger at who he believes is the culprit.
No, it wasn’t quarterback Jalen Hurts, who had a career-high five turnovers in the 22-19 overtime loss to the Los Angeles Chargers, marking the Eagles’ third straight loss.
Instead, LeSean McCoy believes the blame sits at offensive coordinator Kevin Patullo’s feet amid a poor offensive output this season despite the team’s 8-5 record.
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“If he’s back, I’m leaving the Eagles,” McCoy said bluntly on the “Speakeasy” podcast with Emmanuel Acho and Kieran Hickey-Semple.
It’s worth noting that McCoy is a member of the Eagles’ Hall of Fame, with his No. 25 retired by the franchise.
But McCoy doesn’t care if it means Patullo would come back next season.
EAGLES STAR TURNS THE BALL OVER TWICE IN ONE CHAOTIC PLAY VS CHARGERS
“Take me off,” McCoy said when reminded of his retired number. “Nobody has ever asked. I’m going to say, ‘Mr. [Eagles owner Jeffrey] Lurie, it’s either me or Kevin.’ …If Kevin is not fired, put 25 back out there on the street. Let one of the rookies get it.”
It’s a bold take by “Shady” McCoy, but he sides with many Eagles fans who have gone after Patullo all season with the reigning Super Bowl champions not producing on offense like they believed they would in 2025.
The Eagles head into the final four games of the regular season ranked 24th in yards per game (309.4) in the NFL after finishing eighth in that category in 2024. Philadelphia is also 22nd in rushing yards totaled per game (110.5) despite Saquon Barkley running for over 2,000 last season in his first year as an Eagles star.
Finally, the Eagles are 19th in points per game (22.2), which has gotten the job done most nights thanks to tremendous defensive play. The Eagles’ defense gave Hurts and company numerous opportunities on “Monday Night Football” at SoFi Stadium, but the turnovers ultimately came back to haunt them, including a game-sealing interception by Tony Jefferson at the Chargers’ goal line, marking Hurts’ fourth pick of the night.
The struggles have even led some radical Eagles fans to throw eggs at Patullo’s New Jersey home, which was seen in a viral video.
During the podcast’s segment, McCoy was defending Hurts despite playing one of his worst games of his career on Monday night, while also not throwing shade at head coach Nick Sirianni.
In his eyes, it’s all Patullo, and he wants him gone by next season.
“Give the kicker my number if Kevin is still there. Kevin bee on some bullc—,” McCoy added.
With four games remaining until the playoffs, the Eagles find themselves still in playoff position as leaders of the NFC East. If the season ended today, they would have the No. 3 seed in the NFC and face the San Francisco 49ers at home in South Philly.
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But with such a tight playoff race — the Dallas Cowboys at 6-6-1 are still in play for the division title — the Eagles could be facing desperation mode if they don’t figure things out offensively moving forward.
It’s an easier schedule than most, though, for the Eagles in their final four games, as they’re set to face the Las Vegas Raiders (2-11) at home in Week 15, followed by the Washington Commanders (3-10), Buffalo Bills (9-4) and Commanders one last time in Week 18.
Small plane strikes vehicle during emergency landing on I-95
A small plane landed on a Florida freeway Monday night, striking at least one vehicle, authorities said.
The fixed-wing Beechcraft 55 was attempting to make an emergency landing on Interstate-95 in Merritt Island around 5:45 p.m. after reporting engine trouble, the Federal Aviation Administration (FAA) told Fox News Digital.
THE WORLD’S FIRST FLYING CAR IS READY FOR TAKEOFF
The plane collided with a 2023 Toyota Camry, Fox Orlando reported.
The pilot and a passenger in the aircraft, a man from Orlando and another from Temple Terrace, both 27, weren’t injured.
The 57-year-old woman driving the Camry was taken to hospital with minor injuries.
Video footage posted online shows the plane attempting to land on the freeway as the Camry was traveling.
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The aircraft appears to land on top of the vehicle before skidding in front of the vehicle onto the road.
Country music duo announce hiatus, reassure fans they remain close friends
Country music duo Maddie & Tae have announced they are taking a break — but assure fans they aren’t breaking up.
In a recent interview with People, Maddie Marlow Font and Tae Dye Kerr shared they decided to take a step back from releasing music as a duo, but made clear the separation is not meant to be permanent.
“We’re leaving this so open-ended because, you know, we might make another record one day,” Font said. “We might go do some tour dates one day.”
The two first met in 2010 and earned their first No. 1 hit in 2014 with their debut single, “Girl in a Country Song.” Since then, they have released four albums and four EPs, and have received 13 CMA nominations, 11 ACM nominations and six CMT Award nominations.
TIM MCGRAW NEARLY WALKED AWAY FROM HIS CAREER AFTER SERIOUS HEALTH STRUGGLES
Tae said that she would be taking a break from music to focus on her family, while Maddie announced she will be working on a solo career. Tae shares her two kids — daughter Leighton, 3, and son Chapel, 13 months — with her husband, Josh Kerr, and Maddie shares her son Forrest, 2, with her husband, Jonah Font.
“Even though we’re not gonna go on this journey as Maddie & Tae together, we’re still walking and doing life together outside of it,” Font said. “And I think I’m really excited to just be best friends and nurture our friendship and not have to worry as much about the work and still get to raise our babies together. None of that changes.”
When speaking with People, Tae called the decision to separate as a duo “heartbreaking,” saying being a musician “was the only dream I’ve ever had since I exited the womb.”
She went on to say that while that was always her dream, “life changes, and there are seasons where your family needs you more,” adding that she has a new dream to become “the best wife and mother and homemaker I can.”
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“I’m a mother, too, so I totally understand the pull,” Maddie said. “We both were very aware of T’s heart just not being in touring as much.”
“Motherhood is so hard and so beautiful, and there’s no one right way to do it,” she later added. “I think it’s incredible to decide to take a step back from your career and be a stay-at-home mom. I think it’s incredible to be a working mom and still nurture your family and find that balance. We have this opportunity to be an example of both sides, both beautiful and wonderful … “
JOHN RICH SAYS GAMBLING ADDICTION BECAME ‘GROSS’ MISUSE OF GOD-GIVEN SUCCESS
When it comes to her solo career, Maddie joked she has “a fire the size of Texas under my a– that just will not go out,” and that is what keeps her in the game, while also acknowledging her husband’s decision to be a stay-at-home dad is what allows her to “keep doing what I love.”
The two posted about their separation on their joint Instagram page. Fans were quick to share their sadness in response to the news but also understood why it had to happen.
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“The worst news to hear on a monday 😭😭😭,” one fan wrote in the comments section, while another added, “I’m so bummed, loved them together! True friendship.”
“Sad news but I get it,” a third fan wrote. “They both have families now and honestly they are always on tour and making new music. Prob need a rest.”
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Man dies after receiving kidney from donor who saved kitten from rabid skunk
A tragic series of events led to a fatal case of transplant-related rabies earlier this year.
Health officials announced Thursday that an organ recipient who underwent transplant surgery in Ohio died of rabies in February. Further investigation revealed that the donor had become infected with the fatal virus after saving a kitten from a skunk.
The unnamed patient, from Michigan, received the donor’s kidney in December 2024, and later developed severe symptoms that prompted hospitalization and “invasive” procedures, the Centers for Disease Control and Prevention (CDC) said.
He reportedly experienced fever, tremors, difficulty swallowing and fear of water and died 51 days after the transplant.
‘SILENT KILLER’ PARASITIC DISEASE SPREADING ACROSS MULTIPLE US STATES, EXPERTS WARN
The CDC said the donor, whose donated tissue went to three other recipients, was infected with the silver-haired bat variant of rabies, suggesting the skunk had been infected by a bat.
Records revealed that the organ donor, from Idaho, was scratched on the shin while fending off a skunk that displayed “predatory aggression” six weeks before his death.
“In late October 2024, a skunk approached the donor as he held a kitten in an outbuilding on his rural property,” the CDC said. “During an encounter that rendered the skunk unconscious, the donor sustained a shin scratch that bled, but he did not think he had been bitten. According to the family, the donor attributed the skunk’s behavior to predatory aggression toward the kitten.”
FLESH-EATING PARASITE CASE DETECTED IN US TRAVELER RETURNING FROM CENTRAL AMERICA
In the following five weeks, the donor began experiencing hallucinations, trouble swallowing, difficulty walking and a stiff neck, the agency said.
Two days later, he was discovered unresponsive at home after a suspected heart attack, according to health officials. He was reportedly revived at a hospital but was declared brain-dead and removed from life support.
The CDC said his organs were donated after the family documented the skunk encounter in a donor risk assessment. However, health officials noted that the form did not screen for rabies, citing its “rarity in humans.”
“In the United States, potential donors’ family members often provide information about a donor’s infectious disease risk factors, including animal exposures,” the CDC said. “Rabies is excluded from routine donor pathogen testing because of its rarity in humans in the United States and the complexity of diagnostic testing. In this case, hospital staff members who treated the donor were initially unaware of the skunk scratch and attributed his pre-admission signs and symptoms to chronic comorbidities.”
Health officials added that three other patients received corneal tissue from the same infected donor. They all underwent graft removal, received rabies treatment and remained asymptomatic, the CDC reported.
Health officials also reached out to 370 people who could have been in contact with the donor, according to the agency. Forty-six of them were recommended to undergo rabies procedures.
ORGAN TRANSPLANT RECIPIENT DIES OF RABIES AFTER SURGERY
Health officials said the kidney recipient’s death marks the fourth documented case of rabies transmission through an organ transplant in the U.S. since 1978, emphasizing that the risk of such infections remains extremely low.
Transplant teams are now advised to consult public health officials if a potential donor has recent bites or scratches from rabies-susceptible animals, especially if the donor has had unexplained neurological symptoms.
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However, “no standard guidance currently exists for addressing reported donor animal exposures by transplant teams,” the CDC said.
About 1.4 million Americans receive care for possible rabies exposure annually, and fewer than 10 die from the disease due to effective prevention efforts, according to the agency.
Fox News Digital reached out to the CDC for more information.
Immigration expert reveals key factor that led to massive Minnesota fraud scheme
An ongoing decline in American assimilation and a deep fear of being accused of racism were key factors in the massive fraud scheme in Minnesota that is now coming to light, according to an expert.
Minnesota is facing one of the largest social-services fraud scandals in U.S. history after federal prosecutors uncovered what they describe as “schemes stacked upon schemes” by Somali-run non-profits that siphoned hundreds of millions of taxpayer dollars from child-nutrition and Medicaid housing programs.
Prosecutors have since charged more than 70 defendants, a large percentage of whom are members of Minnesota’s Somali community, securing dozens of convictions as new waves of indictments continue. The scandal has triggered state and federal investigations, congressional scrutiny, and calls for accountability over why warnings were missed and how the fraud was allowed to reach this scale.
Simon Hankinson, a senior research fellow at the Heritage Foundation’s Border Security and Immigration Center, said that the decline in immigrant assimilation in America was key during an interview with Fox News Digital.
INSIDE ‘LITTLE MOGADISHU’: MINNESOTA’S BELEAGUERED SOMALI COMMUNITY UNDER A CLOUD OF FRAUD AND TRUMP ATTACKS
“Assimilation is a two-sided coin. The pressure comes from inside, from you wanting to assimilate so you can make it in the new society, but it also comes from outside, where the society says, ‘Hey, we expect you to do this. We expect you, if you want a driver’s license, to be able to speak and read English at a basic level.’ We don’t do that anymore in America. We don’t we don’t really expect anything of our immigrants,” explained Hankinson.
“There are a lot of people who are American-born,” he went on, “who really don’t like this country and what it stands for. And so, they don’t think anyone else ought to accept it and adapt to it either.”
Hankinson noted that in no way can the fraud scheme be blamed writ large on the Minnesota-Somali community, which is estimated to have around 80,000 people. He said that those involved in the scam are a minority. However, the fact that the tight-knit community has by and large not assimilated into the broader American society and customs meant that many of the factors that could have exposed the scheme earlier were not there, according to Hankinson.
“When you come from a culture that provides you with nothing from the center, everything is family, everything is clan, everything is local, then it’s almost impossible for you to understand how a federal system would work. And if your neighbor came to you and said, ‘Hey, we got this cool thing going, if you just say your kid’s autistic, I’ll give you a thousand dollars a month.’ I mean, that’s a no-brainer for an awful lot of people,” he explained.
“Even if they thought that maybe it was wrong on some level, they might think, ‘Well, hang on, in my new country, maybe that’s frowned upon,’ they’re not going to rat out the clan member, the family member,” he added.
TIM WALZ CALLED OUT BY WASHINGTON POST FOR REFUSING TO TAKE RESPONSIBILITY FOR MINNESOTA FRAUD SCANDAL
That, combined with the existence of generous taxpayer-funded welfare programs and Minnesota being what Hankinson called a “high trust state,” made the state “ill-equipped to handle fraud.”
“In Minnesota, these programs were low-hanging fruit. They were so easy to fleece, it’s almost farcical,” said Hankinson. “So, the carrot is there to commit fraud, and there’s no stick.”
He pointed to one aspect of the scheme in which prosecutors say Minnesota’s Medicaid autism program was exploited by companies recruiting families, securing fraudulent diagnoses, and billing for therapy that never happened, draining millions from the program.
“That is outrageous. Somebody should have noticed at some point that, ‘Hang on a minute, why have the autism rates in Somali kids gone from one in a hundred to like one in three or whatever it was?’” he said. “There should have been some oversight, and there again you get into the whole American racial guilt, which is a particular issue that we have, where if you’re an unscrupulous scammer, you can always play the race card, and that will often get you away with it because people are terrified.”
“Nobody likes to be called a racist. It’s about one of the worst things you could be called,” he went on. “But I do think liberal Americans, in particular white liberal Americans, are more afraid of that label than anything else. So, some of these scammers, they threatened to make a fuss about being targeted on account of race or immigrant status or religion. And that probably contributed to state authorities being a little slower.”
ILHAN OMAR SAYS SHE’S FRUSTRATED SINCE SOMALIS ARE ALSO VICTIMS IN ‘FEEDING OUR FUTURE’ SCAM
This dynamic has also played out on the national level. Following the Trump administration’s announcement of its crackdown on illegal immigrant Somalis in Minnesota, Democratic Gov. Tim Walz has accused it of “demonizing an entire group of people just by their race and their ethnicity.”
“I can’t take Tim Walz seriously, honestly, because he was the governor who was in charge while all this was happening. Where was he?” said Hankinson. “He was asleep at the switch.”
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“It’s not a question of scapegoating,” he said. “It’s a good thing to send a message, not to the Somali community per se, but to all of Minnesota and the rest of the 49 states that this is America, we have laws, we have rules. When you break those rules, you are going to get punished.”
Hankinson added that ultimately, he hopes to see many Somalis joining in the effort to crack down on the minority involved in fraud so that they can “give their community the reputation that it deserves.”
Mom who told senator she feared for her life found dead with kids after divorce hearing
A woman and two of her children were found shot dead in their Arkansas mansion home just one day after a hearing to finalize her divorce, according to officials.
The Sebastian County Sheriff’s Office said in a news release that 40-year-old Charity Beallis and two children were found dead with gunshot wounds inside their home in Bonanza, Arkansas, on Dec. 3 following a welfare check. The shooting happened just one day after the final divorce hearing for Charity and her estranged husband, Randall, according to 5 News.
Republican Arkansas Sen. Terry Rice told the outlet that Charity met with him earlier in 2025 and said she was fearful for her life, as well as the lives of her children.
Randall was arrested earlier this year after he allegedly choked Charity on Feb. 16, 2025, according to the report. He was initially charged with aggravated assault on a family member, third-degree domestic battery, and two counts of third-degree endangering the welfare of a minor, but pleaded guilty to a single third-degree battery charge in October.
COLORADO DENTIST JAMES CRAIG FOUND GUILTY OF MURDERING WIFE IN POISONING PLOT
According to 40/29 News, deputies said Randall, who is a doctor in Arkansas, wasn’t a suspect as of Friday.
Randall’s attorney told the outlet his client has been cooperative with law enforcement and fully supports the Sebastian County Sheriff’s Office investigation.
He received a one-year suspended sentence and was given a no-contact order with his wife or any of her family members, which Charity approved of.
Charity made a comment on a 5 News article in August, where she wrote, “I’m living this battle right now. I am the victim, yet I’ve been treated like the problem while the criminal — a local doctor — is being shielded by the very system that’s supposed to protect us.”
TEXAS A&M STUDENT BRIANNA AGUILERA’S FALL DEATH SPARKS POLICE RESPONSE TO FAMILY’S EXPLOSIVE CLAIMS: REPORT
“I’ve tried to reach Prosecuting Attorney … but he won’t even accept a letter from me. My voice, as the victim, has been shut out,” Charity wrote. “This is not just about me — this is about a system that protects offenders and rejects victims. Lives are at stake, including the lives of young children.”
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Charity filed for divorce shortly after her husband was arrested in February. The divorce records indicate the two got married in 2015 and stopped living together in February.
After Charity died, on Dec. 4, Randall’s attorney filed a motion to dismiss the divorce case. Charity was seeking full custody of the children.
“Search warrants have been written and executed with more search warrants anticipated during the investigation. Interviews have taken place with more anticipated,” the sheriff’s office wrote.
Fox News Digital has reached out to Randall’s attorney for comment.
Trump says he’s considering ending federal taxes on gambling winnings
President Donald Trump said Tuesday he would consider eliminating federal taxes on gambling winnings, a move that would expand his administration’s push to reduce taxes on everyday income, including tips and overtime.
When asked during an Air Force One gaggle if he would potentially nix the tax on gambling earnings, Trump said he’d keep the option open.
“We have no tax on tips, we have no tax on Social Security and we have no tax on overtime,” he said. “No tax on gambling winnings, I don’t know. I’m gonna have to think about that.”
FANATICS EXPANDS FURTHER INTO SPORTS AND BEYOND WITH FANATICS MARKETS PREDICTION TRADING PLATFORM
The One Big Beautiful Bill Act (OBBBA) signed into law over the summer by Trump included “no tax on tips” and “no tax on overtime” provisions, allowing individuals to claim new reductions.
Nearly 60% of all Americans adults gambled in the past year, according to the American Gaming Association, with 30% gambling at a physical casino and 21% placing sports bets.
LEGALIZING SPORTS BETTING IN TEXAS WOULD PAY HUGE DIVIDENDS, STUDY SAYS
A W-2G form is typically issued to anyone who wins over $600 and the regular withholding rate for gambling winnings of $5,000 or more is 24%, according to the Internal Revenue Service (IRS). The tax applies to lotteries, raffles, horse races and casinos, amongst other forms of gambling.
Up to 28% of the prize could be withheld for federal income tax if the individual won more than $5,000, and that amount jumps to 31% if a Social Security number is not provided to gambling establishments.
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All gambling winnings must be reported on a Form 1040, and while gambling losses for the year can be deducted, they cannot be more than the amount of gambling income.