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12min chapter
Bill Sweet on the Tax Time Bomb, the Bull Market Turns Two
The Compound and Friends
The SALT Cap and Tax Politics
This chapter explores the intricate dynamics of the state and local tax deduction (SALT) cap and its impact on high-income earners in blue states amidst bipartisan tensions. It analyzes historical tax policy changes, proposed reforms, and the implications of potential tax increases for wealthy individuals, while considering how these factors shape future legislation. The conversation emphasizes the challenges of achieving consensus in a politically charged environment, particularly regarding major tax proposals and their ramifications for average Americans.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode