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6-21-24 Could Tax Policy Shrink the Economy?
2024-06-21
Raising business taxes or trade tariffs will hurt Americans, according to the nonprofit Tax Foundation.
* Biden’s tax policy is characterized by higher taxes on U.S. businesses and high-income households, and more tax preferences and credits for narrow groups of households and activities.
*Trump’s tax policy is characterized by lower taxes for U.S. businesses and households, but higher taxes on imports through new tariffs, which would fall hardest on lower income households.
Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer
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