6/20/24: Biden surges 7 points in Fox News poll, more deceptive editing
The David Pakman Show
David Pakman
4.8 • 6.2K Ratings
🗓️ 20 June 2024
⏱️ 53 minutes
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| 0:00.0 | Let's start today talking about taxes and more specifically what happens next year or at the end of next year depending on who wins |
| 0:14.3 | the November election. Many of you wrote to me over the last week regarding some of the different |
| 0:20.9 | tax proposals that are now being put forward and the term |
| 0:23.9 | proposal is a little bit generous when it comes to some of the ideas that are out |
| 0:28.2 | there but in a lot of ways 2025 is going to be the year of the future of taxes. Now why do I say that? Why does it have to be |
| 0:36.3 | the case that 2025 will be consequential as far as taxes are concerned? Isn't it possible that |
| 0:41.8 | whoever wins in November just |
| 0:43.9 | won't do anything about taxes in 2025 and it's not really possible and the reason |
| 0:48.6 | why is that a lot of what was in the Trump tax plan of 2017 sunsets or expires at the end of 2025 |
| 0:57.4 | December 31st 2025 a whole bunch of elements expire and so in particular because of that and because Donald |
| 1:05.7 | Trump could be back in office and could extend or even build on some of those |
| 1:10.9 | things versus allowing them to expire if that's what |
| 1:13.7 | Joe Biden wants to do and coming up with a new framework 2025 is going to be |
| 1:17.9 | massively controversial in terms of the future of taxes and realistically in ways |
| 1:22.3 | in the same way that Trump's 2017 |
| 1:24.8 | tax plan is in effect through the end of 2025 eight years later what happens next |
| 1:31.1 | year with taxes will be impactful to the tax code |
| 1:34.8 | well beyond the next presidential term so it will affect what happens under future |
| 1:38.8 | presidents no matter whether it's Trump or Biden second term |
| 1:42.2 | we will have tax consequences based on 2025's |
| 1:45.8 | president that will go beyond the next presidential term. Now let's talk |
| 1:50.6 | through some of the different things that may happen. I've spoken before |
... |
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