Trump Tax Reform: More Jobs, Fairer Taxes, Bigger Paychecks? - 135

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3 • 681 Ratings

🗓️ 9 October 2017

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Will the changes to tax brackets, deductions, exemptions, the alternative minimum tax, estate tax, individual taxes, small business taxes, corporate taxes and expenses in Donald Trump's "Unified Framework For Fixing Our Broken Tax Code" proposal provide more jobs, fairer taxes, and bigger paychecks as promised? Plus, Important Steps to Take in the Last 10 Years Before Retiring, and the financial dangers of fly-fishing with the wrong beer in retirement.

Transcript

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0:00.0	The goals are tax relief for middle-class families, the simplicity of postcard tax filing for the vast majority of Americans, tax relief for businesses, especially small businesses, ending incentives to ship jobs, capital, and tax revenue overseas, and broadening the tax base and providing greater fairness for all Americans by closing special interests,
0:21.3	tax rates, and loopholes.
0:22.8	Those are the goals laid out by the Trump administration in the unified framework for fixing
0:27.6	our broken tax code.
0:29.6	Today on your money, your wealth, Joe and Big Al, go through the nine-page, large type, generously
0:34.3	spaced document with a fine-tooth comb to find out of the proposed changes to brackets, deductions, exemptions, the alternative
0:41.0	minimum tax, estate tax, individual and corporate taxes and expenses, will actually provide
0:46.3	more jobs, fairer taxes, and bigger paychecks as promised.
0:50.2	The fellows also discuss important steps to take in the last 10 years before retiring and the financial dangers of fly fishing with the wrong beer in retirement.
0:58.4	Now here are Joe Anderson, CFP and Big Al Clopine CPA.
1:04.4	Got a lot of information to cover in a short period of time.
1:07.8	I know that you all are just chomping at the bit to get into tax reform.
1:13.5	So, no better time than the present.
1:15.7	You think our listeners really want to hear about it?
1:17.5	To discuss unified framework for fixing our broken tax code.
1:23.0	More jobs, fair taxes, bigger paychecks.
1:26.5	Yeah.
1:27.1	Look at the tagline by Washington.
1:29.9	I like it.
1:30.9	It's a nice little logo, too.
1:32.3	Kind of aqua flag with stars.
1:34.3	I bet they spent more time on the logo in the tagline.
	...

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