Intro

House Republicans’ newly released tax plan includes trillions in tax breaks. But those tax cuts will come at a cost. We’ll get into it. And, Apple plans to raise iPhone prices but won’t point fingers at President Trump’s tariffs. We’ll unpack how all the tariff chaos could lead to elevated prices, no matter what they actually cost companies. Plus, sci-fi escapism and Pope Leo XIV’s love of baseball make us smile.

Here’s everything we talked about today:

• "Exclusive | Apple Considers Raising iPhone Prices, Without Blaming Tariffs" from The Wall Street Journal 
• "With China tariffs on hold, will Americans stop stockpiling goods?" from Marketplace 
• "House GOP unleashes sweeping tax legislation" from Politico 
• "House tax writers eye SALT deduction cap rejected by key lawmakers last week" from The Hill
• "Why Tolkien thought "sub-creation" was the secret to great fantasy and science fiction" from Big Think 

• "Pope Leo asks fan 'Sox or Cubs?' as he signs a baseball" from The Chicago Sun-Times 

  
  

  Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.