Wealthy Way Trump’s “Big Beautiful Bill” Could Reshape Taxes Forever
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Sep 18, 2025 The podcast dives into Trump's ambitious tax plan, including a significant SALT cap raise and potential abolishment of income tax for many Americans. It highlights the implications for entrepreneurs, property owners, and real estate investors amidst proposed changes to EV and solar credits. The discussion also touches on how current Fed policies and interest rates are affecting the real estate market and small businesses, revealing the multifaceted nature of these upcoming financial shifts.
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SALT Cap Jump And Its Phaseout
- Trump raised the SALT deduction cap from $10,000 to $40,000 for many taxpayers below AGI thresholds.
- The $40,000 benefit phases out for taxpayers with adjusted gross income above $400,000, returning to $10,000.
Property Tax Pain For Longtime Owners
- Ryan and the guest recount people losing property after failing to pay reassessed property taxes in retirement.
- They describe homestead exclusions but note many owners face rising tax bills on long-held homes.
Reassess EV And Solar Incentive Assumptions
- Expect federal EV and solar tax credits to be removed and budget reallocated to border funding.
- Adjust purchase or investment assumptions for EVs and rooftop solar accordingly under the new policy environment.