Explorez tous les épisodes du podcast The Deduction
| Titre | Date | Durée | |
|---|---|---|---|
| Election Insights | Trump on Taxes, Tariffs, & Harris’s Economic Plans | 11 Sep 2024 | 00:14:26 | |
While tax policy was almost nonexistent in the first debate between Vice President Kamala Harris and former President Donald Trump, this episode will explore each candidate’s latest proposals in greater depth. We’ll break down Kamala Harris's updated tax plan, highlighting her capital gains adjustments and new deductions for startups. We’ll also take a closer look at Trump’s plans for tax cuts and tariffs, discussing what they could mean for American families and businesses. Erica York, Senior Economist and Research Director, joins Kyle Hulehan to discuss the debate. We’ll highlight the key issues likely to be discussed and consider the serious implications for national debt and economic growth. https://taxfoundation.org/research/all/federal/kamala-harris-tax-plan-2024/ Follow us! | |||
| Election Insights | Taxes, Kamala Harris, and the DNC’s Vision | 28 Aug 2024 | 00:11:22 | |
Dive into the highlights from the DNC as we break down Vice President Kamala Harris's tax proposals and their potential impact on everyday families. What do higher taxes on businesses and the wealthy mean for working Americans? Links: https://taxfoundation.org/blog/tim-walz-tax-policies/ Follow us! | |||
| Survey Says Tax Confusion | 09 Apr 2024 | 00:16:16 | |
All Americans are affected by the tax code—but do they understand the tax code? To find out, the Tax Foundation’s educational program, TaxEDU, and Center for Federal Tax Policy conducted a poll with Public Policy Polling. The poll surveyed more than 2,700 U.S. taxpayers over 18 years old—spanning the political spectrum and income distribution—to gauge Americans’ knowledge of basic tax concepts and opinions of the current tax code. The results: most Americans are confused by and dissatisfied with the federal tax code. Follow us! | |||
| Biden’s Budget Blueprint | 26 Mar 2024 | 00:21:30 | |
In the context of the 2024 election year, what does President Biden's 2025 budget proposal signify regarding his strategies and priorities as he seeks reelection? And how could these proposals shape the overall landscape of this election cycle? Links:
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| Unpacking the Impact of TCJA, IRA, and CHIPS on the U.S. Economy | 12 Mar 2024 | 00:27:55 | |
Today, we're examining the differences between the broad incentives provided by the Tax Cuts and Jobs Act and the targeted approach of the Inflation Reduction Act and the CHIPS and Science Act. Alex Muresianu, Senior Policy Analyst at the Tax Foundation, joins Kyle Hulehan to explore these policies' intentions, tangible effects on specific sectors, and impact on the broader U.S. economy. https://taxfoundation.org/research/all/federal/supply-side-economics-industrial-policy/ Follow us! | |||
| Launching Tax Foundation Europe | 27 Feb 2024 | 00:34:31 | |
As the world of tax policy becomes more interconnected, the Tax Foundation is stepping up, recognizing the pressing need for informed and principled tax policy education in an ever-evolving landscape. In response, we are broadening our scope by establishing a presence at the epicenter of European tax policy discussions: Brussels. Sean Bray, Director of European Policy at the Tax Foundation, and Edwin Visser, Deputy Global Tax Policy Leader at PwC Netherlands, join Kyle Hulehan to discuss the launch of Tax Foundation Europe.
Links: https://taxfoundation.org/blog/tax-foundation-europe-launches/ https://taxfoundation.org/eu/research/european-tax-policy-scorecard/ https://taxfoundation.org/research/all/eu/eu-green-transition-tax-policy/ https://taxfoundation.org/research/all/eu/capital-gains-taxation-eu/ Follow us! | |||
| Costly Inputs: Unraveling Sales Tax's Impact on Businesses | 13 Feb 2024 | 00:32:12 | |
Sales taxes go beyond a few extra bucks at the register. It’s not just about what you pay, but who pays. What are the implications of state sales tax bases across the U.S.? Katherine Loughead, Senior Policy Analyst & Research Manager at the Tax Foundation, joins Kyle Hulehan. Together, we'll uncover the core principles behind an efficient sales tax system and examine how taxing business inputs can lead to economic inefficiencies and higher prices for consumers. Links: https://taxfoundation.org/research/all/state/kentucky-sales-tax-reform/ https://taxfoundation.org/data/all/state/2024-sales-taxes/ https://taxfoundation.org/taxedu/glossary/tax-pyramiding/ Follow us! | |||
| Exploring the Impact of the 2024 Tax Relief Act | 30 Jan 2024 | 00:27:10 | |
Today, we're exploring the intricacies of the latest congressional act stirring up Washington—The Tax Relief for American Families and Workers Act of 2024. Erica York, Senior Economist and Research Director at the Tax Foundation, joins Kyle Hulehan to dissect its key features, including the restoration of crucial business investment provisions, an expansion of the Child Tax Credit, and changes to pandemic-era tax credits. The conversation also sheds a light on the act's temporary and retroactive dimensions, which could leave taxpayers in uncertain, and confusing, territory. Links:
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| Tackling Financial Literacy with Jed Collins | 09 Jan 2024 | 00:35:42 | |
Financial literacy is a problem that educators around the country are trying to tackle. Today, we’re speaking with Jed Collins, a former NFL player, who is leading the charge in the financial education arena by guiding high school and college students, as well as professional athletes, through the world of finance. He’s passing down essential knowledge on understanding taxes, showing students that a good financial game plan can lead them towards a prosperous future. Links: Follow us! | |||
| Saving Americans’ Dwindling Savings | 12 Dec 2023 | 00:25:14 | |
Americans are saving less. While the U.S. saving rate has regularly lagged behind its peers, it has yet to return to pre-pandemic levels. Increasingly, people are turning to credit cards to fill the gaps in their budgets. Garrett Watson, Senior Policy Analyst and Modeling Manager at the Tax Foundation, joins Kyle Hulehan to discuss why the U.S. is struggling to save and what solutions exist within the tax code to help Americans save more.
Links: https://taxfoundation.org/research/all/federal/case-for-universal-savings-accounts/
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| Economic Education Month and TaxEDU | 24 Oct 2023 | 00:15:32 | |
October is economic education month. An important part of economic education is understanding how taxes affect the economy. On this special episode of The Deduction, we discuss how Tax Foundation is doing just that through our tax literacy initiative, "TaxEDU." Zoe Callaway, Manager of Education and Outreach, joins Kyle Hulehan to chat about why Tax Foundation launched TaxEDU and how TaxEDU is advancing tax policy education, discussion, and understanding in classrooms, living rooms, and government chambers.
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| Prohibition by Price | 19 Sep 2023 | 00:18:40 | |
Step into the shadows of illicit trade where taxation, incentives, and criminal networks intersect to fuel the lucrative cigarette smuggling market. Adam Hoffer, the Director of Excise Tax Policy, joins Kyle Hulehan to shed light on how substantial price markups on legal cigarettes pave the way for tempting tax avoidance opportunities. They unravel the unintended consequences of cigarette taxation and explore strategies to combat this burgeoning illicit trade Links: https://taxfoundation.org/blog/illicit-trade-taxes-counterfeit-cigarettes/ https://taxfoundation.org/blog/california-flavored-tobacco-ban-revenue/ https://taxfoundation.org/blog/new-york-cigarette-tax-flavor-ban/ https://taxfoundation.org/data/all/state/cigarette-taxes-cigarette-smuggling-2022/ Follow us! | |||
| Do Americans Abroad Still Pay US Taxes? | 15 Aug 2024 | 00:31:22 | |
How does living abroad impact the taxes an American has to pay? Unlike most countries that tax based on residency, the US employs citizenship-based taxation, meaning Americans are taxed on their global income regardless of where they reside. This unique system creates a web of complexities, including stringent reporting requirements and potential penalties, which can leave many US citizens feeling overwhelmed. Follow us! | |||
| The Inflation Reduction Act One Year Later | 29 Aug 2023 | 00:38:38 | |
The Inflation Reduction Act is an ambitious law with worthy goals to reduce deficits, fight inflation, help the IRS, and combat climate change. However, one year after its enactment, there are concerns about its overall fiscal impact, the additional complexity it introduces to the tax system, and the sustainability of its initiatives. Will McBride, Vice President of Federal Tax Policy at the Tax Foundation, joins Kyle Hulehan to examine the Inflation Reduction Act one year later. They dive into the disconnect between political aspirations and the real-world consequences of executing intricate policies, the skyrocketing costs of green energy tax credits, and why, despite increased funding, the IRS is struggling to keep up.
Links: https://taxfoundation.org/research/all/federal/inflation-reduction-act-taxes/ https://taxfoundation.org/taxedu/podcast/all/accounting-for-the-new-book-minimum-tax/ https://taxfoundation.org/blog/inflation-reduction-act-green-energy-tax-credits/ https://taxfoundation.org/research/all/federal/inflation-reduction-act/ Follow us! | |||
| Interesting Interest Rates | 20 Jul 2023 | 00:30:25 | |
Interest rates and tax policy, two vital components of our economic landscape, often interact in fascinating ways. They influence the behavior of individuals, businesses, and governments. But how exactly? Alan Cole, Senior Economist at the Tax Foundation, joins us to explore the complex effects of interest rate changes. We discuss how these shifts can impact everything, from budget deficits and tax revenues to investment choices and the overall economy. Links: Follow us! | |||
| The Wayfair Sales Tax Ruling, Five Years Later | 22 Jun 2023 | 00:27:19 | |
It’s the 5th anniversary of the groundbreaking Wayfair Supreme Court decision—a ruling that marked a new era of sales tax collection and changed how we think about taxation in the digital age. South Dakota v. Wayfair established a new precedent, allowing states to assert their authority in collecting sales tax from remote sellers based on economic presence. Follow Us! Follow us! | |||
| A Bittersweet Broadcast | 08 Jun 2023 | 00:15:04 | |
On this “not-so-heavy-on-the-policy” episode, our much-beloved host, Jesse Solis, is joined by the Deduction's Senior Producer, Dan Carvajal, and Marketing Associate, Kyle Hulehan, to share some bittersweet news. Follow us! | |||
| Tax Ideas for the EU Green Transition | 25 May 2023 | 00:29:22 | |
The past few years have brought a renewed push from countries across the globe to combat climate change. In the European Union, policymakers have put a timeline on their climate agenda. By 2050, the EU wants to achieve a net-zero economy. Follow us! | |||
| The FairTax? | 11 May 2023 | 00:30:06 | |
The FairTax, on paper, sounds simple: just replace all major sources of the federal government’s revenue—the individual income tax, corporate income tax, estate and gift taxes, and payroll tax—with a national sales tax. Follow us! | |||
| Exploring Excise Tax Trends | 27 Apr 2023 | 00:24:59 | |
The tax base around the world is shrinking for traditional excise taxes, including taxes on tobacco, alcohol, and motor fuel. But newer excise taxes on things like carbon, cannabis, and ride-sharing are on the rise. Follow us! | |||
| What’s Missing from the Tax Burden Debate | 13 Apr 2023 | 00:20:37 | |
When we discuss tax policy, the conversation inevitably turns to who pays, who should pay, and how much they should pay. Follow us! | |||
| Biden's 2024 Budget | 23 Mar 2023 | 00:20:21 | |
President Biden recently released his budget proposal for fiscal year 2024. As he has with previous budgets, the president is continuing to call for higher taxes on businesses and wealthy taxpayers. Follow us! | |||
| Rethinking Affordable Housing Tax Policy | 09 Mar 2023 | 00:27:54 | |
Affordable housing is an issue that has had long-standing bipartisan interest in D.C. But the path to increase the supply of affordable housing, though often well-intentioned, has created a bureaucratic nightmare. Follow us! | |||
| Pillar Two: Electric Boogaloo | 30 Jul 2024 | 00:33:57 | |
The global tax deal and Pillar Two are shaking up the tax landscape worldwide, introducing a web of complexity and confusion. Today, we untangle the key aspects of these proposals, diving into the latest updates, compliance hurdles, and their ripple effects on industries and smaller nations. Join Daniel Bunn, President & CEO of the Tax Foundation, and Senior Economist Alan Cole, as they sit down with Kyle Hulehan to explore what the future holds for global taxation and what it means for the United States. Follow us! | |||
| A Look at Local Income Taxes | 23 Feb 2023 | 00:18:01 | |
Filing season is ramping up, as most of us are getting ready to file our state and federal income taxes. Follow us! | |||
| State of the Union Reaction 2023 | 09 Feb 2023 | 00:18:50 | |
On Tuesday, President Biden shared his policy aspirations during the State of the Union address. The commander in chief outlined three tax proposals in his remarks: quadrupling the brand-new excise tax on stock buybacks, instituting a “billionaire minimum tax,” and extending the now-lapsed expanded Child Tax Credit. Follow us! | |||
| Wealth Taxes Reach the States | 26 Jan 2023 | 00:24:55 | |
Since 2021, 43 states have provided substantial tax relief for taxpayers and businesses. But this year, a new trend has emerged in the opposite direction: a push for states to tax investment. Follow us! | |||
| New Year, New Taxes | 12 Jan 2023 | 00:18:29 | |
It’s a new year. And if one thing is certain, it’s that businesses are facing a lot of uncertainty. Follow us! | |||
| All I Want for Christmas is EU: Understanding Tax Policy in Brussels | 20 Dec 2022 | 00:35:04 | |
When it comes to international economic competition, people often frame the argument as the U.S. versus China. Follow us! | |||
| Meet Daniel Bunn (again), Tax Foundation's New President & CEO | 01 Dec 2022 | 00:26:25 | |
Tax Foundation recently announced that Daniel Bunn is our new president and CEO. In this special episode of The Deduction¸ Daniel chats with Jesse about how he got into tax policy. They discuss his time in the Senate, his plans for Tax Foundation’s future, and even his obsession with smoking meats. Follow us! | |||
| Post-Election Breakdown | 17 Nov 2022 | 00:20:30 | |
The 2022 midterm elections are wrapping up, and taxpayers are looking at a divided Congress for the next two years. Senior Policy Analyst Garrett Watson sits down with Jesse at Tax Foundation's headquarters to give a quick analysis of what these elections mean for tax policy. They talk through what we can expect from the approaching "lame-duck" session, what a Republican House and Democrat Senate could find agreement on, and what priorities the upcoming Congress should focus on. Links: Follow us! | |||
| The UK’s Tax Battles, Part One: How We Got Here | 18 Oct 2022 | 00:35:42 | |
If you’ve been following taxes closely these past few months, you know that the UK is currently undergoing a drastic change. Follow us! | |||
| The Woes of Temporary Tax Policy | 29 Sep 2022 | 00:20:34 | |
From the Tax Cuts and Jobs Act in 2017 to the Inflation Reduction Act signed into law just this summer, lawmakers across the political spectrum are often tempted to implement temporary tax reforms. Follow us! | |||
| Unpacking the State and Local Tax Toolkit | 15 Sep 2022 | 00:24:10 | |
Maine has blueberry taxes. Alabama has mosquito taxes. Each state and county has its tax quirks. But when state and local governments want to raise revenues, there are four key taxes they turn to. Depending on where you live, the differences in these taxes between states can be significant. Follow us! | |||
| Tax Cuts vs. Tax Reform | 09 Jul 2024 | 00:28:19 | |
Tax cuts vs. tax reform: what’s the real difference, and why does it matter? In this episode, we uncover why retroactive tax cuts and temporary tax breaks often miss the mark for long-term growth and how revenue-neutral tax reform can streamline the tax system without altering overall federal revenue. Erica York, Senior Economist and Research Director at the Tax Foundation, joins host Kyle Hulehan to reveal the true impact of tax policies on households and businesses and discuss how changes in marginal tax rates drive economic decisions. Links: https://taxfoundation.org/blog/unified-theory-misconceptions-tax-reform-debate/ Follow us! | |||
| Accounting for the New Book Minimum Tax | 01 Sep 2022 | 00:32:34 | |
The Inflation Reduction Act, signed into law recently by President Biden, includes a book minimum tax, which is raising the eyebrows of accountants everywhere. Follow us! | |||
| IRS Funding and Technology | 17 Aug 2022 | 00:35:36 | |
The Internal Revenue Service (IRS) finds itself under fire often. Outdated technology, millions of unanswered calls, and cafeterias full of paper returns--it's clear that America’s tax collector needs improvement. Follow us! | |||
| House Votes on the Inflation Reduction Act | 12 Aug 2022 | 00:13:46 | |
The House of Representatives is set to pass the Inflation Reduction Act, the latest iteration of President Biden’s tax and climate agenda. Follow us! | |||
| The Inflation Reduction Act, What to Know | 02 Aug 2022 | 00:19:13 | |
After months of stalled negotiations, Sen. Joe Manchin (D-WV) announced that he has reached a deal with Senate Democrat leadership on a reconciliation package. Follow us! | |||
| Technology and Taxes | 27 Jul 2022 | 00:31:02 | |
Technology is moving rapidly--especially when it comes to taxes. With advancements in AI and machine learning, we are seeing technology being utilized in every corner of the tax world. Follow us! | |||
| Global Deal or No Deal | 07 Jul 2022 | 00:19:08 | |
On July 1st, 2021, over 130 countries agreed to a sweeping overhaul of the global tax system. Follow us! | |||
| Windfall Profits Taxes? | 28 Jun 2022 | 00:13:38 | |
Oil prices have skyrocketed, posing a new risk to the post-pandemic recovery. Feeling the pressure to respond, policymakers have proposed everything from gas tax holidays, tapping into strategic reserves, and even rebate cards. One idea that has crawled back from the dead: “Windfall Profits Taxes.” Follow us! | |||
| Clean Up on the Grocery Tax Aisle | 09 Jun 2022 | 00:19:21 | |
Amidst soaring inflation, policymakers across the political spectrum proposed many ideas to soften the blow of higher prices—especially for low-income workers and families. Follow us! | |||
| Pondering Property Taxes | 26 May 2022 | 00:16:51 | |
Property taxes are one of the most substantial tax burdens businesses face. In 2020 alone, property taxes accounted for almost 38 percent of all taxes paid by businesses to state and local governments. Follow us! | |||
| Clearing up Carbon Taxes | 12 May 2022 | 00:20:53 | |
Amidst bipartisan climate negotiations on Capitol Hill, there have been renewed calls for a carbon tax. Follow us! | |||
| A Big-Picture Look at Taxing the Wealthy | 25 Jun 2024 | 00:30:54 | |
Taxing wealth has become a hot-button issue in today’s political discourse, promising to reshape economic equality. But what are the real-world implications of such policies? In this episode, we dive into the contentious world of taxing wealth, examine how a progressive tax system aims to balance fairness and revenue generation, and explore the potential impacts and broader implications for economic policy and social equity. Garrett Watson, Senior Policy Analyst and Modeling Manager at the Tax Foundation, joins Kyle Hulehan to dissect the fundamentals of taxing wealth. They discuss the challenges of implementation, potential long-term consequences for the broader economy, and alternative policy options that could achieve progressivity while maintaining economic growth. Links: https://taxfoundation.org/blog/taxing-consumption-progressively-tax-the-wealthy/ https://taxfoundation.org/blog/federal-tax-code-progressive-rich/ https://taxfoundation.org/blog/us-pandemic-response-inequality-progressivity/ https://taxfoundation.org/research/all/federal/tax-fairness-funding-government-investments/ Follow us! | |||
| States' Taxes Go Flat | 28 Apr 2022 | 00:17:28 | |
Episode Description: State lawmakers have been on the move this year. One major trend that has been taking place? A push for flat taxes. Follow us! | |||
| Biden’s Budget Battle | 31 Mar 2022 | 00:18:49 | |
President Biden this week released his annual budget. In a letter to lawmakers, the 46th President said that this $5.8 trillion package would “[grow] our economy, while ensuring that the wealthiest Americans and the biggest corporations begin to pay their fair share.” Follow us! | |||
| Let’s Make a Global Tax Deal | 17 Mar 2022 | 00:21:11 | |
Late last year, over 130 countries agreed to a global minimum tax, a purported end-all and be-all to the "race to the bottom." Follow us! | |||
| A Gas Tax Holiday | 03 Mar 2022 | 00:12:28 | |
The cost of gas is going up. To address this, policymakers have proposed suspending the gas tax as a way to give taxpayers immediate relief at the pump. Follow us! | |||