Gene Marks

Aneeka Gupta, Director of Macroeconomic Research at WisdomTree, shares her insights on Europe's economic challenges and what might change under a new Trump administration. Gene Marks, CPA and President at the Marks Group, discusses how Trump's tax plan could significantly impact small businesses. They delve into the implications of economic policies on consumer health, Black Friday shopping trends, and the evolving retail landscape, including a shift towards in-store shopping amidst supply chain delays.

Gene Marks, a CPA and prolific writer for outlets like Forbes and The Guardian, shares his insights on the GOP tax bill's implications for small businesses. He discusses the potential benefits, including enhanced pass-through and first-year capital deductions. However, he warns about the hidden challenges it poses, particularly for nonprofits and service industries. Marks argues that while there are advantages, the bill could lead to significant long-term issues for entrepreneurs, especially in light of rising national debt and interest rates.