309: Politics Aside- Strategies Entrepreneurs can Learn from Trump's and Biden's Tax Returns
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 2 October 2020
⏱️ 48 minutes
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| 0:00.0 | Welcome everyone to the Main Street Business Podcast with Matt Sorensen and Mark Kohler. |
| 0:10.1 | We're excited to talk to you today about, I think, you know, a very newsworthy topic and one that actually has a lot of content that, while's in the news, can actually use today for yourself |
| 0:23.2 | and in your business and tax planning. |
| 0:25.1 | Yeah. |
| 0:25.3 | You know, I'm just tired. |
| 0:26.5 | I feel like Tommy Lee Jones in The Fugitive when he finally caught Harrison Ford in the car, |
| 0:35.8 | and he was just like, I'm tired. |
| 0:38.1 | You know, I lost so much sleep over the tax cuts and jobs act, then the CARES Act, then the PPP. |
| 0:45.3 | And last night up to, I'm up until two in the morning reading Joe Biden's and Donald's Trump's tax. |
| 0:51.6 | I want to say tax returns, but those are still somewhat elusive. But I'm tired, |
| 0:57.0 | but this is exciting. And we are no, no politics here. Right. And you didn't even catch the |
| 1:02.4 | fugitive. You didn't even catch the fugitive and you're tired. Yeah, that's right. I just think |
| 1:07.5 | me up one of those donuts with those sprinkly things on it. Come on. Let's go. Yeah. That's a great movie, by the way. And that is a classic Tommy Lee Jones. |
| 1:15.6 | It's like almost, it's like almost 25 years old. I told my kids, we need to watch the fugitive. |
| 1:19.5 | They're like, what? Anyway. Okay, but everybody, politics aside, rhetoric aside, no puffery. |
| 1:26.8 | We're not going to give our personal comments on New York |
| 1:30.3 | Times, Wall Street Journal, CNN, none of that. We're just going to tell you the real strategy, |
| 1:35.5 | and we're going to get right to it. What are the real tax strategies that any of you could use, |
| 1:40.0 | and what can we learn from on these tax returns? Yeah. Yeah, we've heard a lot about Trump, of course. |
| 1:47.0 | Yeah, we've heard a lot from Trump, of course, on what you, on, you know, people asking |
| 1:51.5 | big questions and how does he pay $750 in tax? |
| 1:55.1 | Well, there's a lot of great tax planning in it. |
... |
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