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The Losers of AI & What CPAs Need to Know About OBBBA

The Accounting Podcast

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Tax Legislation and Economic Implications

This chapter examines the recent tax legislation's mixed effects on individuals and businesses, showcasing both tax benefits for certain groups and the loss of government services like Medicare. It discusses public sentiment toward the legislation, a proposed international money transfer tax, and the potential financial burdens on everyday citizens. The conversation also delves into the broader implications of these tax changes on the national debt, political influence, and future advancements in technology.

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