4.8 • 1.2K Ratings
🗓️ 30 May 2025
⏱️ 25 minutes
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Speaker Mike Johnson just unveiled President Trump’s sweeping new economic package - a $4.5 trillion tax cut plan to restore American prosperity. From eliminating taxes on tips and overtime to boosting American manufacturing and shipbuilding, this bold strategy is already igniting the markets. In this episode, my guest Troy Noonan and I discuss what this means for your paycheck, investments, and financial future, and how everyday Americans can capitalize on this economic surge before it’s too late.
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0:00.0 | The liberal globalist order is on its brink and awakening a new conservative age. I'm Dr. Steve Turley. |
0:08.1 | Join me every day as we discover answers to today's toughest challenges and explore the revitalization of conservative civilization. |
0:17.9 | This is Turley Talks. That's what the Republican Party stands for. Less government, lower taxes, so we can allow the free market to flourish. |
0:25.6 | I think that's what we're going to achieve in this bill. |
0:28.6 | President Trump says no tax on Social Security. Is that going to end up in the bill? No tax on Social Security? |
0:34.6 | Yes, we're checking all the boxes. He promised no taxes on overtime, no taxes on Social Security, no taxes on, for example, |
0:43.3 | interest on car loans that are made in America. |
0:46.3 | A number of those things are woven into this bill, and we've made all the math work so we can do that. |
0:50.3 | Speaker of the House, Mike Johnson just laid out President Trump's bold new economic bills, |
0:56.1 | slashing burdensome taxes, freeing up cash for hardworking Americans, and firing up the markets. |
1:02.4 | And we're talking about a plan that finally, finally honors the values of freedom, hard work, and prosperity. President Trump's tax cuts are nothing |
1:13.3 | short of revolutionary. These bills are set to eliminate taxes that crush the middle class and |
1:19.0 | small businesses. We're talking no taxes on tips, right? A huge win for waiters, bartenders, |
1:24.8 | anyone in the service industry, no taxes on overtime pay. So if you're |
1:29.7 | burning the midnight oil to provide for your family, you'll keep every penny. And no taxes on |
1:35.4 | social security benefits, giving our seniors the respect they deserve by letting them keep more |
1:41.0 | of their hard-earned retirement. And get this, a tax deduction for interest on auto loans for American-made cars. |
1:50.4 | That's not just a break for car buyers. |
1:53.1 | It's a boost for American workers building those vehicles. |
1:57.1 | It's like Detroit. |
1:58.5 | This $4.5 trillion tax cut plan is about letting you keep what you earn, plain and simple. |
2:06.1 | And it also pours hundreds of billions of dollars back into the American economy. |
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