So Money with Farnoosh Torabi 1902: Ask Farnoosh and Georgia Lee: 2025 Taxes, Policy and the Big Beautiful Bill
Nov 7, 2025
In this discussion, financial planner Georgia Lee Hussey, founder of Modernist Financial, dives deep into the implications of the Big Beautiful Bill on taxes starting in 2025. She breaks down who stands to benefit and the societal costs of tax cuts, touching on pragmatic tax planning steps. Georgia also emphasizes aligning financial decisions with progressive values, addressing charitable giving for non-itemizers, and tackling anti-tax rhetoric. Her insightful take showcases how taxes are intricately tied to our national priorities.
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Modernist’s Values-Driven Wealth Work
- Georgia Lee explained Modernist Financial serves high-net-worth clients and focuses on aligning wealth with progressive values.
- The firm also shares tools publicly through Modernist University and limits client intake tightly.
Tax Cuts Come With Social Tradeoffs
- The Big Beautiful Bill largely continues 2017 tax cuts, giving most wealthy families only ~3–5% savings.
- That saving is financed by defunding social safety-net programs starting in 2026 and beyond.
Give A Share Of Windfalls To Causes
- Consider donating a portion (3–5%) of your tax windfall to nonprofits or 501(c)(4)s that do policy work.
- Donate beyond tax-advantaged gifts when your values call for supporting legal or lobbying efforts.
