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6-21-24 Could Tax Policy Shrink the Economy?

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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Articles mentioned in this report:
"Consumer Survey Shows Rising Bullishness"
"Inflation Print Keeps Fed On Track To Cut Rates"
"Grant: Rates Are Going Much Higher. Is He Right?"
The latest installment of our new feature, Before the Bell, "Will the Fed Cut Rates Sooner?" is here:
Our previous show is here: "Retail Sales Disappoint"
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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