Episodes

  • 130 - 10 of 10 Trump vs Harris Tax Battle - And the winner is....
    Nov 5 2024

    In this video, I analyze the tax proposals of Trump and Harris, focusing on different taxpayer personas like Investor Erwin, Employee Ed, Retired Roger, and Self-Employed Sheila. I discuss how each proposal may impact various income brackets and types of earners, ultimately declaring Trump as the winner with three points to Harris's one. I provide insights on potential benefits and drawbacks for different taxpayer profiles, aiming to encourage strategic thinking about tax planning.

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    22 mins
  • 129 - 9 of 10 Trump vs Harris tax battle - Death and Estate tax
    Nov 4 2024

    In this video, I delve into the intricate details of the estate tax differences between Trump and Harris, focusing on the current $13 million limit and the proposed changes. I explain the implications of exceeding the limit, the tax percentages, and the impact on inheritances. Viewers are urged to consider estate planning strategies based on the potential policy shifts depending on the election outcome.

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    8 mins
  • 128 - 8 of 10 Trump vs Harris Tax Battle - Real Estate Investors
    Nov 3 2024

    In this video, I delve into the tax strategies of real estate investors, focusing on the impact of policies by Trump and Harris. I discuss Trump's bonus depreciation and opportunity zones, highlighting how they can accelerate investments and reduce tax burdens. On the other hand, Harris's focus on low-income housing tax credits is explored, offering potential benefits for W2 employees and renters. Understanding these strategies is crucial for real estate investors to optimize their tax planning.

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    7 mins
  • 127 - 7 of 10 Trump vs Harris Tax Battle - Renewable Energy Tax Credits
    Nov 2 2024

    In this video, I delve into the specifics of green energy tax credits under the Biden and Trump administrations, focusing on solar, wind, and electric vehicle incentives. I explain the current solar tax credit benefits, potential future expansions, and the differences in approach between the two sides. No specific action is requested from viewers, but I provide insights and predictions on the possible directions of these tax credits.

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    8 mins
  • 126 - 6 of 10 Trump vs Harris Tax Battle - Can Tariffs Replace Income Taxes
    Nov 1 2024

    In this video, I delve into the potential implications of replacing income tax with tariffs, exploring how it could affect businesses, prices, and overall economic dynamics. We discuss the concept of VAT tax, payroll taxes, and the shift towards domestic production. No specific action is requested, but it prompts viewers to consider the broader economic consequences of such a tax policy shift.

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    15 mins
  • 125 - 5 of 10 Trump vs Harris tax battle - Itemized Deductions Removing $10k cap on Property Tax Deduction
    Oct 31 2024

    In this video, I delve into the intricate details of itemized deductions in the ongoing tax battle between Trump and Harris. Exploring the implications of removing the $10,000 cap on state and local tax deductions, I highlight how this change could impact high-income earners and the middle class. No action requested from viewers.

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    6 mins
  • 124 - 4 of 10 Trump vs Harris Tax Battle - Corporate Tax Rates
    Oct 30 2024

    In this video, I delve into the differences between Trump and Harris's proposals regarding corporate tax rates. Harris suggests raising the rate to 28%, while Trump aims to maintain it at 21% with additional incentives. I discuss the potential impacts on businesses, job creation, and the economy, emphasizing the importance of incentivizing domestic production. No specific action is requested from viewers.

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    6 mins
  • 123 - 3 of 10 Trump vs Harris Tax Battle - Tax Free Income
    Oct 29 2024

    In this video, I delve into the tax exemption proposals by Trump and Harris. Trump's proposals include tax-free tips, overtime, and Social Security income, potentially benefiting many. Harris, however, has not put forth any tax exemption proposals, focusing instead on credits for renters and child tax credits. No action requested.

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    5 mins