John Ralston, CEO and editor of the Nevada Independent, shares insights on Nevada's critical role in the 2024 presidential race. Richard Rubin, a Wall Street Journal reporter, dives into the implications of tax proposals from candidates. They discuss how economic concerns, especially in Nevada, influence voter sentiment. The conversation highlights rising living costs, diverse voter demographics, and contrasts between candidates’ tax policies. With catchy slogans versus detailed plans, they analyze what really resonates with undecided voters.

The U.S. budget deficit has reached a staggering $1.8 trillion, yet presidential candidates seem to avoid addressing it. The discussion highlights the political challenges of a looming $18 trillion deficit, often overshadowed by more immediate issues. Experts explore the historical context of national deficits and current spending trends. Both candidates propose plans likely to futher increase the deficit without offering solid strategies for management. This raises crucial questions about the future of America's fiscal policies amid ongoing economic strains.

In this engaging discussion, Richard Rubin, a U.S. tax policy reporter at The Wall Street Journal, and Natasha Saron, a Yale professor and former Treasury counselor, tackle the intricate workings of the IRS and Treasury. They emphasize the complexities of tax collection and federal finance management, debunk myths about the IRS's necessity, and discuss the agency's significant challenges like underfunding and outdated tech. Their insights shed light on how these entities collaborate to shape economic policies and serve the public effectively.