The SHOCKING Tax Implications of a Trump Victory
Manage episode 447977291 series 3612289
Experts are warning of what a Trump victory could mean for the country in terms of taxes, medicare, inflation, debt, and more.
In this podcast we look at the shocking tax implications of a Trump victory - will aggressive tariffs trigger a trade war? Will inflation hit an all-time high? Could a mass deportation backfire?
The five sources provide detailed analysis of Donald Trump's economic plans if he were to be re-elected in the 2024 presidential election. The sources explore the potential impacts of his proposals on various aspects of the U.S. economy, including the stock market, federal revenue, inflation, and trade relations with other countries. They examine the potential benefits and drawbacks of his proposals, as well as the feasibility of their implementation. The sources also provide context by comparing Trump's proposals to those of his Democratic opponent, Kamala Harris.
WHAT'S COVERED IN THIS PODCAST:
- Tariffs
- International Trade
- Off-shore Products
- Inflation
- Tax Cuts
- 5.8 Trillion Debt
- The Federal Reserve
- Housing Affordability and Mass Deportation
- Student Loans
- Energy Cost
- Social Security & Medicare
SOURCES
https://time.com/7095898/donald-trump-economy-plan-2024/
https://financialpost.com/diane-francis/how-a-trump-win-will-affect-markets
https://apnews.com/article/trump-taxes-social-security-overtime-tariffs-989016ef41dc1533b05d1871d69c03ff
https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/
https://fortune.com/2024/10/25/elon-musk-could-reap-a-whopping-tax-break-if-he-joins-a-trump-administration/
Welcome to The Finance Compressed Podcast where we curate, consolidate, and deliver financial and educational content that matters to you in under 15 minutes.
If you're looking for insight into personal finance, budgeting, investing, inflation, the US economy, and more then this is the podcast for you. We cover the following topics:
- The U.S economy
- Investing
- Personal finances
- Retirement
- Housing and mortgage rates
- Financial distress
- Small business
If you're looking for a resource where you can get your questions answered in less than 15 minutes saving yourself hours of research then you're in the right place!
Chapter
1. The SHOCKING Tax Implications of a Trump Victory (00:00:00)
2. Tariffs (00:01:16)
3. International Trade (00:02:22)
4. Off-Shoring Products (00:03:42)
5. Higher Inflation Rate (00:04:49)
6. Housing & Mass Deportation (00:07:07)
7. Control Over The Federal Reserve (00:07:12)
8. Student Loan Foregivness (00:09:04)
9. Energy Costs (00:09:55)
10. Social Security & Medicare (00:11:33)
11. Final Thoughts (00:12:22)
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