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Most law students and practitioners stumble over the complex world of spousal support—also known as alimony—where logic collides with human emotion. What if you could decode the hidden frameworks that determine whether support is awarded, for how long, and on what basis? In this episode of "Best in the World," we peel back the layers of family law's most misunderstood terrain to reveal the secrets behind support law's biggest debates.This isn't about reading statutes. It's about understanding the fundamental distinction: property division is a final, retrospective process, while spousal support is an ongoing, flexible obligation. Property division celebrates the past—who owns what—generally final with little room for modification. Support, by contrast, is about the future needs of a spouse, adjusting to life's unpredictable shifts: job loss, health issues, or new relationships. Recognizing this critical difference is the first step for any law student aiming to master family law.We break down the core support typologies—pendente lite, rehabilitative, permanent, and reimbursement support—each serving a distinct policy purpose and dictating different durations and modifiability. Want a temporary safety net during the divorce process? Pendente lite support is your answer. Need a structured pathway back to independence? Rehabilitative support, grounded in the Gavron warning, requires the supported spouse to actively pursue self-sufficiency. Facing long-term incapacity or age? The overwhelming trend leans against indefinite alimony, with many states capping or phasing out permanent support, reflecting a modern push toward clean breaks.Key to support analysis are the well-known but often misunderstood factors: the length of the marriage, standard of living during the union, and the economic contributions—monetary or non-monetary. Imputed income becomes critical when a high-earning spouse intentionally underemploys or quits a lucrative career to shirk obligations, triggering courts to treat potential earnings as actual income. Similarly, contributions that aren't monetary—childcare, homemaking—are now credited as vital support pillars, influencing property shares and alimony awards.Among the episode's most compelling insights is the ongoing debate over the professional degree dilemma. Unlike traditional property, degrees are generally not considered assets—yet their immense future income potential makes them a de facto kind of property in some states. Landmark cases like Gram v. Gram in Colorado established a hard line against calling degrees property, citing transferability as a key criterion. But states like New Jersey—with Mahoney v. Mahoney—have innovatively remedied this gap with reimbursements, allowing courts to order support that refunds the spouse's investment in education, akin to a business investment gone awry.The episode also reveals modern shifts away from life-long alimony, especially permanent or indefinite awards, exemplified by recent reforms in Florida. Now, legislatures favor formulas or caps, reflecting a broader move towards ending lifelong dependency—though this raises societal questions about fairness, especially for those who sacrificed careers decades ago under old social contracts.Understanding fault is equally crucial. Today's courts emphasize economic need over morality—cheating spouses can still receive alimony unless their misconduct directly dissipated marital assets. Conversely, cohabitation—living with a new partner—can trigger automatic termination or require courts to scrutinize financial interdependence. This social evolution underscores a legal landscape striving for fairness, transparency, and long-term sustainability.Tax considerations have also transformed. Prior to 2019, payers enjoyed tax deductions; payees paid income tax on support. After the Tax Cuts and Jobs Act, support has become tax-neutral—less tax benefit for payers, more pressure on negotiation leverage.
Need Hundreds Of Accredited Investors For A CRE Project? Meet Adam Gower!Adam speaks with Do You Ever Wonder host Mike Haltman about integrating AI across the entire real estate lifecycle of a deal.Through GowerCrowd, Adam takes sponsors from sourcing and underwriting to operations, capital formation, and exit.And through Know-Like-Trust-Invest he will bring hundreds of accredited investors to the opportunity.In Adam's view, traditional fundraising techniques are obsolete!If you need 60–70% financing?Call a mortgage broker.If you need 500 accredited investors and want to cast the widest net possible?Call Adam Gower!In this episode of Do You Ever Wonder, Dr. Gower explains how CRE sponsors raise capital at scale using the Know–Like–Trust–Invest framework and why traditional fundraising is rapidly becoming obsolete.If you're a sponsor, syndicator, or investor, or if you need to raise capital, this conversation may change how you think about trust, credibility, and conversion._____________________________________________How do you raise capital from commercial real estate investors you've never met?If you need a loan for 60-70% of your financing, you call a mortgage broker!But, if you need 500 accredited investors, most, if not all, who you've never met, you call Adam Gower at GowerCrowd.com!In this episode of the Do You Ever Wonder Podcast, I sit down with Dr. Adam Gower, a commercial real estate veteran, educator, and one of the foremost authorities on digital capital formation.With over $1.5 billion in CRE transactions, a Ph.D. in banking history & risk mitigation, and decades spanning development, distressed assets, and fintech innovation, Dr. Gower explains how the rules of investor relationships have fundamentally changed.We dive into:• The Know–Like–Trust–Invest framework• How sponsors build credibility at scale• Why traditional “country club” fundraising is fading• The role of AI in commercial real estate• The coming CRE refinancing/maturity wall• Common mistakes sponsors make when raising capital onlineIf you are a:• Commercial real estate investor• Syndicator• Sponsor• Developer• Capital raiser• CRE professional…this conversation will reshape how you think about investor psychology, marketing, trust-building, and conversion.Dr. Gower also shares insights from:• Institutional investing• Distressed debt cycles• The post-JOBS Act landscape• AI-driven CRE workflowsWatch the full episode now and let us know your thoughts.If you enjoy deep-dive conversations on real estate, finance, markets, risk, and strategy, be sure to:- Subscribe to the channel- Like the video- Share with a fellow investor___________________________________________________Please subscribe to Do You Ever Wonder using the two links below, and don't be shy about sharing the podcast with your friends.Subscribe to Do You Ever Wonder on YouTube here: https://www.youtube.com/@DoYouEverWonder943/videosSubscribe on your favorite streaming platform here: https://www.buzzsprout.com/1862986 _______________________________________________Hallmark Abstract Service
Tax Cuts Made Permanent: What the 2025 Bill Means for Roth Conversion Strategies & Ongoing Tax PlanningLast summer, the “One Big Beautiful Bill Act” made the Tax Cuts and Jobs Act federal tax brackets permanent, extending the current rates and removing the expected 2026 increase. Today we discuss how this extension gives planners more runway (not a reason to stop), how it changes the pacing of strategies like Roth conversions, and why tax planning should be updated annually as income, markets, and legislation shift.
Jeremy Keil examines how tax law changes might affect Roth conversion strategies for retirees in 2026. A few years ago, Roth conversions felt like one of those rare financial strategies that was almost too obvious to ignore. Taxes were historically low. The Tax Cuts and Jobs Act had put a clear expiration date on those lower brackets. And for many retirees, the logic seemed airtight: pay taxes now at a lower rate so you don't pay more later. Fast forward to today, and that certainty just isn't the same. With new tax legislation making today's lower tax brackets permanent—at least for now—many retirees are asking a very different question: Are Roth conversions still worth it in 2026 and beyond? The short answer is yes. But not for the reasons many people think. The real problem isn't Roth conversions themselves. The problem is the assumptions people make about them. Roth conversions exploded in popularity when it appeared obvious that taxes were about to rise. The assumption was straightforward: convert while rates are low, avoid higher taxes later, and you'll come out ahead. But that assumption rested on two ideas that don't always hold up: That tax rates would definitely rise. That income in retirement would naturally fall. For some people, both are true. For many others, neither is. Markets have been strong. Retirement accounts are larger than expected. Capital gains, pensions, and Social Security stack on top of one another. And suddenly, retirement income isn't as “low tax” as it once looked on paper. The Difference Between Tax Bracket and Tax Cost One of the most common mistakes retirees make is focusing on their tax bracket instead of their tax cost. On a tax return, you might see yourself in the 12% or 22% bracket and assume Roth conversions are inexpensive. But once Social Security enters the picture, the math becomes more complicated. As additional income comes in, Social Security benefits that were once tax-free begin to become taxable—up to 85% of the benefit. In that phase-in range, every dollar withdrawn from a traditional IRA can cause more Social Security to be taxed. The result is an effective tax cost that can be significantly higher than the bracket suggests. This is where many well-intentioned Roth strategies quietly go off track. Medicare Premiums Change the Equation Taxes aren't the only cost that matters. Medicare income-related premium adjustments—often called IRMAA—are triggered when income crosses certain thresholds. These surcharges commonly appear in two situations: when required minimum distributions begin, and when one spouse passes away and income thresholds are suddenly cut in half. A Roth conversion that pushes income just over one of these lines can increase Medicare premiums for years. That added cost has to be weighed alongside any future tax savings the conversion might create. A Cautionary Roth Story This is where a real-world example brings the point home. I once worked with a woman to determine the right amount of Roth conversions to do. We carefully mapped out a plan to spread conversions over three tax years so she could stay within reasonable tax and Medicare thresholds. She was comfortable with the plan. The numbers made sense. We executed the first conversion near the end of the year and agreed to revisit the second one in January. But after our meeting, she decided to take matters into her own hands. Rather than following the plan, she converted everything at once. That single decision pushed her income from a moderate tax bracket into much higher ones, triggered additional Medicare premium costs, and permanently locked in taxes that were far higher than necessary. The intent was good. The outcome was not. The mistake wasn't believing in Roth conversions—it was assuming that “more” was always better. The Real Takeaway for 2026 and Beyond Roth conversions are not dead. But Roth assumptions are. Lower tax rates today don't automatically mean Roth conversions are cheap. A future tax increase isn't guaranteed. And a zero-tax retirement is not always worth the price paid to get there. Roth conversions should always be considered—but never assumed. When done thoughtfully, in the right amounts, and at the right times, they can improve retirement income and flexibility. When done without planning, they can quietly undermine both. And in retirement, the goal isn't to win a tax strategy.The goal is to create a better retirement. Don't forget to leave a rating for the “Retire Today” podcast if you've been enjoying these episodes! Subscribe to Retire Today to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retire-today/id1488769337 Spotify Podcasts: https://bit.ly/RetireTodaySpotify About the Author: Jeremy Keil, CFP®, CFA is a retirement financial advisor with Keil Financial Partners, author of Retire Today: Create Your Retirement Income Plan in 5 Simple Steps, and host of the Retirement Today blog and podcast, as well as the Mr. Retirement YouTube channel. Jeremy is a contributor to Kiplinger and is frequently cited in publications like the Wall Street Journal and New York Times. Additional Links: Buy Jeremy's book – Retire Today: Create Your Retirement Master Plan in 5 Simple Steps Are Roth Conversions for Retirees Dead in 2026 Because of the New Tax Law? By Jeremy Keil, Kiplinger.com Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Mr. Retirement Book an Intro Call with Jeremy's Team Media Disclosures: Disclosures This media is provided for informational and educational purposes only and does not consider the investment objectives, financial situation, or particular needs of any consumer. Nothing in this program should be construed as investment, legal, or tax advice, nor as a recommendation to buy, sell, or hold any security or to adopt any investment strategy. The views and opinions expressed are those of the host and any guest, current as of the date of recording, and may change without notice as market, political or economic conditions evolve. All investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Legal & Tax Disclosure Consumers should consult their own qualified attorney, CPA, or other professional advisor regarding their specific legal and tax situations. Advisor Disclosures Alongside, LLC, doing business as Keil Financial Partners, is an SEC-registered investment adviser. Registration does not imply a certain level of skill or expertise. Advisory services are delivered through the Alongside, LLC platform. Keil Financial Partners is independent, not owned or operated by Alongside, LLC. Additional information about Alongside, LLC – including its services, fees and any material conflicts of interest – can be found at https://adviserinfo.sec.gov/firm/summary/333587 or by requesting Form ADV Part 2A. The content of this media should not be reproduced or redistributed without the firm’s written consent. Any trademarks or service marks mentioned belong to their respective owners and are used for identification purposes only. Additional Important Disclosures
In this episode of the Know Your Numbers REI Podcast, host Chris McCormack, founder of Better Books, dives into the nuances of converting a traditional IRA to a Roth IRA and discusses the benefits of Roth IRAs growing tax-free. He also explores the implications of Trump's Tax Cuts and Jobs Act, including the introduction of the Trump account, which offers a unique tax-saving opportunity for children born between 2025 and 2028.Chris explains strategies for maximizing these accounts, including converting to Roth IRAs at low-income stages and the potential benefits of using these accounts for education, home purchase, or business ventures.Tune in to learn how to strategically build wealth and minimize tax liability using available tax codes.••••••••••••••••••••••••••••••••••••••••••••➤➤➤ To become a client, schedule a call with our team➤➤ https://www.betterbooksaccounting.co/contact••••••••••••••••••••••••••••••••••••••••••••Connect with Chris McCormack on Social MediaFacebook: https://www.facebook.com/chrismccormackcpaLinkedIn: https://www.linkedin.com/in/chrismccormackcpaInstagram: https://www.instagram.com/chrismccormackcpaJoin our Facebook Group: https://www.facebook.com/groups/6384369318328034→ → → SUBSCRIBE TO BETTER BOOKS' YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@chrismccormackcpaThe Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
Surface transportation reauthorization is the regular federal legislative process to renew and fund U.S. transportation programs for highways, transit, rail and safety, setting policies and priorities for billions in spending, with the current major authorization (part of the Infrastructure Investment and Jobs Act) set to expire Sept. 30, 2026, prompting ongoing discussions for the next bill. On this week's edition of the Talking Michigan Transportation podcast, Zach Rable, a federal policy specialist at the Michigan Department of Transportation (MDOT), talks about priorities for Michigan.He explains those priorities largely dovetail with those the American Association of State Highway and Transportation Officials (AASHTO) are pushing.Photo by Adam Michael Szuscik on Unsplash.
Kevin Brooker discusses the implications of the Tax Cut and Jobs Act, which is set to remain in effect, and emphasizes the importance of proactive retirement tax planning. He highlights strategies such as Roth conversions and managing different types of accounts to minimize tax liabilities. Kevin explains how income levels can affect Medicare premiums and social security benefits, urging listeners to be aware of potential surcharges and the long-term consequences of early social security claims. He also touches on the importance of understanding Medicare options and planning for healthcare costs in retirement, which can significantly impact financial stability. Call 800-975-6717. Visit Silver Leaf Financial to learn more.See omnystudio.com/listener for privacy information.
pWotD Episode 3177: Donald Trump Welcome to popular Wiki of the Day, spotlighting Wikipedia's most visited pages, giving you a peek into what the world is curious about today.With 739,258 views on Monday, 12 January 2026 our article of the day is Donald Trump.Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021.Born into a wealthy New York City family, Trump graduated from the University of Pennsylvania in 1968 with a bachelor's degree in economics. He became the president of his family's real estate business in 1971, renamed it the Trump Organization, and began acquiring and building skyscrapers, hotels, casinos, and golf courses. He also launched side ventures, many licensing the Trump name, and filed for six business bankruptcies in the 1990s and 2000s. From 2004 to 2015, he hosted the reality television show The Apprentice, bolstering his fame as a billionaire. Presenting himself as a political outsider, Trump won the 2016 presidential election against Democratic Party nominee Hillary Clinton.During his first presidency, Trump imposed a travel ban on seven Muslim-majority countries, expanded the Mexico–United States border wall, and enforced a family separation policy on the border. He rolled back environmental and business regulations, signed the Tax Cuts and Jobs Act, and appointed three Supreme Court justices. In foreign policy, Trump withdrew the U. S. from agreements on climate, trade, and Iran's nuclear program, and initiated a trade war with China. In response to the COVID-19 pandemic from 2020, he downplayed its severity, contradicted health officials, and signed the CARES Act. After losing the 2020 presidential election to Joe Biden, Trump attempted to overturn the result, culminating in the January 6 Capitol attack in 2021. He was impeached in 2019 for abuse of power and obstruction of Congress, and in 2021 for incitement of insurrection; the Senate acquitted him both times.In 2023, Trump was found liable in civil cases for sexual abuse and defamation and for business fraud. He was found guilty in 34 counts of falsifying business records in 2024, making him the first U. S. president convicted of a felony. After winning the 2024 presidential election against then-vice president Kamala Harris, he was sentenced to a discharge, and two felony indictments against him for retention of classified documents and obstruction of the 2020 election were dismissed without prejudice.Trump began his second presidency by initiating mass layoffs of federal workers. He imposed tariffs on nearly all countries at the highest level since the Great Depression and signed the One Big Beautiful Bill Act. His administration's actions—including the targeting of political opponents and civil society, the persecution of transgender people, the mass deportation of immigrants, and the extensive use of executive orders—have drawn over 300 lawsuits challenging their legality.Since 2015, Trump's leadership style and political agenda—often referred to as Trumpism—have reshaped the Republican Party's identity. Many of his comments and actions have been characterized as racist or misogynistic. He has made many false or misleading statements during his campaigns and presidency, to a degree unprecedented in American politics. He promotes conspiracy theories. Trump's actions, especially in his second term, have been described as authoritarian and contributing to democratic backsliding. After his first term, scholars and historians ranked him as one of the worst presidents in American history.This recording reflects the Wikipedia text as of 03:20 UTC on Tuesday, 13 January 2026.For the full current version of the article, see Donald Trump on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm neural Kendra.
Matt and Seth unpack how capital raising has evolved from informal, often non-compliant co-GP arrangements to a more structured, scalable fund-of-funds model. Seth explains why private markets are growing roughly twice as fast as public markets, tracing the shift from the JOBS Act to today's AI-enabled infrastructure. The conversation dives into SEC compliance pitfalls, why transaction-based compensation is risky, and how separating capital raisers from operators protects both sides. They also explore how fund-of-funds structures can unlock better economics for investors while helping sponsors raise capital faster and more efficiently. Visit www.tribevestisc.com for more info. Visit bestevercrypto.com today to get started and earn up to $2,500 in bonus crypto. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/ Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Podcast production done by Outlier Audio Learn more about your ad choices. Visit megaphone.fm/adchoices
Just Shoot It: A Podcast about Filmmaking, Screenwriting and Directing
The 2025 year-end Director's Panel is here! Each year, Matt and Oren have a little cocktail party with some of the past year's guests. It's a chance to reconnect and chat about what went well, what didn't, and what they're hopeful for in the coming year.Carlyn Hudson, Jamaal Parham, and Mercedes Bryce Morgan participate in this first-ever, on-camera, live-to-tape panel. And if you've got questions about the impact of AI on Hollywood and the impact of how movies are getting funded on A-list talent, then this is an episode you won't want to miss!Bringing together directors who have attended TIFF, worked with Matthew McConaughey, have films on Hulu, travel the globe, and know how to utilize the JOBS Act to fund films yields a diverse range of topics. And this crew talks about the need to do more with less, finding time to be creative, and further pushing the boundary of what's possible in an 8-hour shoot day. And yeah, AI is a big subject on everyone's minds. But is it really a threat? Or are we all whale hunters nearing extinction?There's a lot of hope and ideas in this episode. Happy New Year, everyone!Find Mercedes on IG @mercedesbrycemorgan or https://www.mercedesmorganfilm.com/Find Carlyn on IG @carlynhudsonFind Jamaal on IG @jamaalparham and @jamsandbash---Help our Patreon! https://www.patreon.com/JustShootItPodMatt's Endorsement: Fire extinguishers. AND, the fire department. Oren's Endorsement: Download everything from your phone related to your work projects, weekly () or on some fixed schedule) so you can find it later. Also, James Cameron's interview on "The Town" podcast https://podcasts.apple.com/us/podcast/part-1-james-cameron-on-avatar-misconceptions-ais-skynet/id1612131897?i=1000738091636Mercedes's Endorsement: Photoshop's Remove Tool (currently in Photoshop Beta version)Kind of like Harmonize.ai (which adds shadows and reflections when you add objects to photos)Carlyn's Endorsement; Send words of affirmation to people you appreciate.Jamaal's Endorsement: Akari Sauna with 2 locations in Brooklyn, NY, Greenpoint and Williamsburg https://www.akarisauna.com/. And use saunas as your time to develop creative ideas. Also the book "The Genius of the System: Hollywood Filmmaking in the Studio Era" by Thomas Schatz https://us.macmillan.com/books/9780805046663/thegeniusofthesystem/ Hosted on Acast. See acast.com/privacy for more information.
In this episode of The Liquidity Event, AJ and Shane kick off the new year by breaking down why leaving New York to avoid taxes is far harder than many high earners expect. Using a recent New York Times article as a starting point, they explain how New York residency audits actually work, the difference between quantitative and qualitative tests, and why most people who try to leave the state ultimately fail. They then shift to OpenAI's decision to finally allow employees to donate equity to charity, why the move matters in the ongoing AI talent war, and how equity structure and tax timing play into charitable planning. The episode wraps with a deep dive into IPO scams, explaining how regulatory carveouts meant to encourage public listings instead enabled a wave of fraudulent foreign companies — and why retail investors are often the ones left holding the bag. Taxes, equity, audits, and a classic Reddit money question to close out the year. Key Timestamps (00:00) Welcome, New Year timing, and recording Episode 170 in December (02:00) New Year's plans, hosting fatigue, and seafood traditions (04:00) The grill disaster and calling an audible on a holiday party (06:50) Rich New Yorkers threatening to leave and why it's harder than it sounds (08:15) New York residency audits and the two tests you must pass (10:10) Qualitative residency rules: holidays, dogs, storage units, and intent (13:30) Why most people fail New York tax exit strategies (19:50) OpenAI allows employees to donate equity to charity (22:30) IPO scams, the JOBS Act, and why fake companies keep slipping through (26:45) Reddit question: what to do with $1.8M in liquid assets at a young age
In this episode of Main Street Matters, Elaine Parker speaks with Guy Berkebile, founder of Guy Chemical Company, about the significant impact of the Tax Cuts and Jobs Act on small businesses. They discuss Berkebile's entrepreneurial journey, the challenges he faced, and how tax policies have enabled him to invest in his company and community. The conversation also touches on the importance of retaining youth in small towns, the implications of tariffs and trade policies, and the future of American manufacturing.See omnystudio.com/listener for privacy information.
Equity crowdfunding and angel investing have changed how capital is raised - but many founders and investors still misunderstand valuation, risk, and what it really takes to build long-term wealth. In this episode of Behind The Numbers With Dave Bookbinder, Dave Bookbinder is joined by Karen Rands, President of Cougar Capital Holdings, host of The Compassionate Capitalist Show, and author of two books on angel and crowdfunding investing. Karen shares her journey from corporate leadership at IBM to building and leading a nationally recognized angel investor group, and why she's dedicated her career to democratizing access to private investing. She explains how the JOBS Act opened the door to equity crowdfunding and why that shift matters for entrepreneurs, investors, and wealth creation beyond public markets. Dave and Karen unpack the differences between traditional venture capital and what Karen calls “compassionate capitalism,” along with the valuation mistakes founders commonly make when raising capital. They explore underutilized valuation metrics, realistic financial planning, and how misaligned expectations can derail otherwise promising capital raises. The conversation also breaks down the four primary types of equity crowdfunding - Reg CF, Reg D, Reg A+, and state exemptions - with practical guidance for both founders seeking capital and everyday investors looking to build diversified private-investment portfolios. Karen shares disciplined portfolio-building strategies and actionable first steps for newcomers interested in angel or crowdfund investing. This episode is a must-listen for business owners, founders, managers, and advisors who want a clearer understanding of valuation, capital formation, and smarter ways to participate in private markets. About Our Guest: Karen Rands is a leading voice in democratization of capital from private investors funding innovation and small business expansion — empowering individuals to create wealth by investing in entrepreneurs who are changing the world. She is leading the way with The Compassionate Capitalist Movement. Karen is the author of the best-seller Inside Secrets to Angel Investing: Step-by-Step Strategies to Leverage Private Equity Investment for Passive Wealth Creation. Her latest release, 2nd in the series, debuted as a Top Release on Amazon: Inside Secrets to Crowdfund Investing. Follow Jane's Journey: See How a New Generation Builds Wealth with Purpose, Passion and Profit. She hosts a top 100 Business Podcast on Apple, The Compassionate Capitalist™ Show, where she interviews founders, investors, and thought leaders on best practices for wealth creation as a successful entrepreneur or investor in successful small businesses. Karen has spent over two decades bridging the gap between investors and innovators from her corporate days at IBM to her time spent managing a top ranked angel investor group, and now as a speaker, strategist, and educator. Click to go to Karen's LinkTree - http://bit.ly/linkCCS for links to social, free gifts, books, course, podcast, socials and to schedule a chat directly About the Host: Dave Bookbinder is known as an expert in business valuation and he is the person that business owners and entrepreneurs reach out to when they need to know what their most important assets are worth. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries. Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers. He's on a mission to change the conversation about how the accounting world recognizes the value of people's contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company's most valuable asset.” Dave's book, A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know, was recognized as a top new release in Business and Valuation and is designed to provide practical insights and tools to help understand what really drives business value, how to prepare for an exit, and just make better decisions. He's also the host of the highly rated Behind The Numbers With Dave Bookbinder business podcast which is enjoyed in more than 100 countries.
David Stryzewski shares his 2025 market takeaways, noting that the S&P 500's 20-25% gain made it an incredible year. He also discusses the growing demand for silver, projecting that it will reach $100 by the end of 2026. David also predicts that gold could hit $5,000 or $6,000, driven by the increasing global need for precious metals in new technologies such as AI and electric vehicles.Looking ahead to 2026, David anticipates a rocky but ultimately positive market, bolstered by the Tax Cuts and Jobs Act 2.0. He expects companies like Walmart (WMT) to perform well as consumers seek value amidst ongoing inflation.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
With enactment of the One Big Beautiful Bill Act, extension of key Tax Cuts and Jobs Act provisions, and the potential for additional legislative activity this year, alternative asset managers and their stakeholders face new challenges at the international, federal, state and local levels as they wrap up 2025. In this episode, EY tax professionals discuss issues that should be top of mind for alternative asset managers.
Send us a textFundraising doesn't have to be a black box or a waiting game. We sit down with Woodie, co-founder of Crowdfund Capital Advisors and a key architect behind the JOBS Act crowdfunding rules, to map a founder-first path that fuses data, community, and disciplined execution. From Wall Street to Silicon Valley to Washington, Woodie's journey reveals why regulation crowdfunding has unlocked billions for startups in thousands of cities—and how the next wave of “influestors” will power growth far beyond traditional venture hubs.We dig into investor sentiment as a real-time signal of demand: daily check counts, dollars committed, and momentum curves that predict funding velocity and downstream success. Then we get practical about valuations—why sober pricing wins, how to benchmark with a 10,000-offering dataset, and the milestone-driven cadence that earns step-ups. You'll hear the three signals Woody watches before any meeting, the pitfalls of algorithmic overconfidence, and where human diligence—team, moat, market timing—still decides outcomes.The conversation flips the script on marketing too. Customers who become investors don't just write checks; they evangelize, bring sales, and defend your brand in public. We share the playbook for turning a raise into a launch, engaging comment threads as social proof, and structuring cap tables that signal either viral scale (many backers) or strategic conviction (larger checks). Expect candid talk on time costs, legal prep, and the founder mindset required to tune out naysayers while staying responsive and transparent.If you're building outside the usual VC corridors or simply want smarter capital, this is your roadmap: calibrate valuation with data, engineer sentiment with story, prove revenue momentum, and let your community carry the signal. Subscribe, share with a builder who needs this, and leave a review with the biggest funding question you want answered next.Support the show
The One Big Beautiful Bill Act capped off a hectic year for tax policy. It extended key Tax Cuts and Jobs Act provisions, reshaped the outlook for 2026, and raised fresh questions about the deficit. In this episode, Kyle Hulehan and Erica York are joined by Daniel Bunn, President and CEO, and Jared Walczak, Vice President of State Projects, to break down what the law did, walk through our projections, and zoom out to other defining fights of 2025: Trump's "Liberation Day" tariffs, the Supreme Court challenge over presidential tariff power, and the growing wave of property tax revolts across the states. Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show
The One Big Beautiful Bill Act capped off a hectic year for tax policy. It extended key Tax Cuts and Jobs Act provisions, reshaped the outlook for 2026, and raised fresh questions about the deficit. In this episode, Kyle Hulehan and Erica York are joined by Daniel Bunn, President and CEO, and Jared Walczak, Vice President of State Projects, to break down what the law did, walk through our projections, and zoom out to other defining fights of 2025: Trump's "Liberation Day" tariffs, the Supreme Court challenge over presidential tariff power, and the growing wave of property tax revolts across the states. Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show
Doug McHoney (PwC's International Tax Services Global Leader) is joined by returning guest Tadd Fowler, Senior Vice President, Treasurer, and Global Taxes at the Procter & Gamble company. Doug and Tadd discuss US tax policy after the Tax Cuts and Jobs Act, the OB3 package's priorities and fixes (including interest expense apportionment, GILTI and FDII changes, and maintaining competitiveness), and why certainty still depends on ongoing policymaker education. They examine the OECD Pillar Two ‘side‑by‑side' concept, the daunting Pillar Two compliance overlay on US rules, and P&G's own Pillar Two posture. They also cover operating‑model design, incentives and foreign direct investment, how AI augments rather than replaces decisions, and the tax team's priorities—business partnership, compliance productivity, people and capabilities, and advancing tax certainty through transparency and cooperative programs.
The One Big Beautiful Bill (OBBB) brought major tax law changes for 2025. Dr. Friday explains why year-end is the time to revisit withholdings and strategy. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. On February 4th, 2025, President Trump signed in the HR1—commonly known as the One Big Beautiful Bill Act, or the OBBB. And that extended a lot of the Tax Cuts and Jobs Act that was in there, but it also added a lot of new tax laws. So now is the time. We’re getting ready to go into 2026. 2025 is almost over. A lot of these went into effect in 2025. If you have not already sat down, talk to your tax person. How are you gonna do this? Are you gonna get more money back? Should you be taking out less on your paycheck? These are the kinds of questions you need to ask. If not now, when you sit down to do your taxes—make your tax appointment today. You can catch the Dr. Friday Call-in Show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.
New tax laws are on the horizon—and they could significantly influence the way you give. The recently passed One Big, Beautiful Bill Act (often shortened to the OBBBA) introduces several changes that affect charitable givers today and in the years to come. To help unpack these shifts, we sat down with Bruce McKee, attorney and Senior Vice President of Complex Gifts at the National Christian Foundation (NCF).What the OBBBA Actually DoesDespite its cheerful name, the OBBBA carries serious implications for donors. Bruce explains that the bill makes permanent many provisions that were originally scheduled to expire at the end of 2025 under the 2017 Tax Cuts and Jobs Act. Key extensions include:Higher standard deductionsHigher estate tax exclusionsNew deduction floors for charitable giftsA new limit on itemized deductionsExtended business deductionsUpdated rules for university endowment taxesThese changes will affect different givers differently, but nearly everyone will feel the impact of the new standard deduction.The Standard Deduction Gets Bigger—AgainThis update alone affects roughly 90% of taxpayers.The OBBBA permanently extends the increased standard deduction and even boosts it for the 2025 tax year:Individuals: $15,750Married couples filing jointly: $31,500Because the standard deduction is now higher, fewer people will itemize. And when giving is lumped under the standard deduction, charitable gifts are no longer deductible.But there's a powerful workaround.If you want to maximize your tax benefits while maintaining your giving rhythms, “bunching” can help. Bunching means:Grouping several years' worth of charitable gifts into a single tax yearItemizing in that year, instead of taking the standard deductionUsing a donor-advised fund (DAF)—such as an NCF Giving Fund—to distribute gifts gradually over future yearsA giving fund works like a charitable checking account—a powerful tool for strategic, tax-efficient generosity. Bunching is especially impactful when paired with gifts of appreciated assets.New Charitable Deduction Floors Coming in 2026Beginning in 2026, charitable deductions will include a “floor”—a small portion of giving that won't be deductible at all.For IndividualsOnly the amount of charitable giving above 0.5% of your Adjusted Gross Income (AGI) will be deductible. Here's an example:AGI = $200,0000.5% floor = $1,000Whether you give $20,000 or $40,000, the first $1,000 is not deductible.For CorporationsA similar rule applies, but the floor is 1% of taxable income.Why This MattersThis floor means that givers with large AGIs—especially in high-income years—should consider giving earlier, before 2026 arrives. Strategic timing will matter more than ever.Even high-capacity donors who itemize may benefit from bunching in alternating years.New Limits on Itemized DeductionsThe OBBBA also introduces a “haircut” affecting all itemized deductions—not just charitable ones.Because the highest tax bracket (37%) is now permanent, itemized deductions typically reduce income taxed at that rate. But beginning in 2026:Deductions in the highest bracket will be valued at 35 cents per dollar, not 37.It's a relatively small shift, but it slightly increases tax liability and adds another layer of planning complexity. Once again, Bruce recommends intentionally reviewing giving strategies before the 2025 year closes.Estate and Gift Tax Exclusions: Higher and More StableThe OBBBA also stabilizes estate planning by raising the estate and gift tax exemption to:$15 million per individual$30 million for married couplesThese thresholds—once set to sunset back to near half—are now permanent (as permanent as tax law can be). This gives families greater clarity as they plan inheritances and consider charitable tools like trusts or family foundations.When people settle their estate planning, it often helps them focus their hearts on where God is calling them to give—what Ron Blue usually describes as “giving while you're living so you're knowing where it's going.”Good News for Non-Itemizers: The Above-the-Line Charitable Deduction ReturnsBeginning soon, non-itemizers will be able to deduct modest charitable amounts:$1,000 for individuals$2,000 for married couples filing jointlyThis applies to cash gifts made to churches and public charities. It's a welcome incentive for households that rely on the standard deduction.Navigating Change with WisdomThe tax landscape may shift, but God's call to generosity never does. Thoughtful planning ensures you can give joyfully, efficiently, and impactfully.If you want to steward God's resources with greater intentionality, a Giving Fund through the National Christian Foundation can help you:Maximize tax benefitsSimplify your givingSupport ministries you loveInvest funds for future generosityYou can open one in just a few minutes at FaithFi.com/NCF.On Today's Program, Rob Answers Listener Questions:My husband and I are turning 68 and need to move from our two-story home into a one-story house. We're considering new construction, but we'd either need a small mortgage or withdraw $50–60,000 from our 401(k). Our income is stable—he gets $3,000 from Social Security, and I make about $2,000. We manage fine month to month. Which option makes more sense?I'm 73, single, living on Social Security with excellent credit and no debt besides a small monthly charge card. I'm looking into either a HELOC or another home-equity option so I can access some of my home's value to help others before I pass away. What's the best way to proceed?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)The National Christian Foundation (NCF) Movement MortgageWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Countries can either capitulate to President Trump's tax bullying. Or come together to fight for the sovereign right to tax multinationals fairly. In this episode host Naomi Fowler explores whether US economic policy is actually good for the US economy and its people. We've done some number crunching looking at what really happened after Trump's 2017 Tax Cuts and Jobs Act. It tells us a lot about the state of tax justice, its real effects on people, and the misguided exercise of power. Transcript of the show: https://podcasts.taxjustice.net/wp-content/uploads/2025/11/Transcript_Taxcast_Nov_25.pdf Featuring: The Tax Justice Network's Mark Bou Mansour, Alison Schultz and Sergio Chaparro-Hernandez. Produced and hosted by Naomi Fowler. Further Reading: $475bn lost to US-backed global gag order shielding corporate tax cheaters, Tax Justice Network https://taxjustice.net/press/475bn-lost-to-us-backed-global-gag-order-shielding-corporate-tax-cheaters/ UN tax convention: Everything you need to know about current negotiations on the biggest shakeup in history to global tax rules. https://taxjustice.net/topics/un-tax-convention/ Our website with all our podcasts is available here: https://podcasts.taxjustice.net/ Get the Taxcast as soon as it comes out by subscribing by email to naomi@taxjustice.net
In this episode of Main Street Matters, Elaine Parker sits down with Julio Gonzalez to discuss how IRS reform could fix a broken system, reduce audit fear, and restore fairness to Main Street. They also explore: The real impact of the Tax Cuts and Jobs Act, How Engineered Tax Services supports small business owners, & What bipartisan reforms could rebuild trust in the tax code. Text "Why" to 26786 to get a FREE copy of Julio's NEW Book "Why Billionaires Love The Tax Code: Follow the IRS's Lead to Build Wealth" #IRSReform #SmallBusiness #TaxCode #MainStreetMattersSee omnystudio.com/listener for privacy information.
Season 7 of Innovators Inside kicks off with Sherwood “Woody” Neiss — entrepreneur, venture capitalist, architect of the JOBS Act, and author of Investomers. Woody walks through how investment crowdfunding went from an eight-bullet framework to a 485-page regulation that opened startup investing to everyday people. He and Ian dig into the rise of the “customer-investor,” why doctors, scientists, and operators are backing the tools they actually use, how crowdfunding is changing access to capital for women and minority founders, and why health tech and biotech are now leading the pack. They also explore how data, AI, and tighter feedback loops are creating new “signals” for VCs, what founders get wrong about valuation and communication, and why lean, disciplined fundraising is back.Topics & Timestamps
We'd love to hear from you. What are your thoughts and questions?The conversation explores the impact of Reg CF under Title III of the Jobs Act, focusing on how it democratizes access to capital for founders and provides retail investors with growth stage deal flow. It highlights the strategies investors use to build portfolios and the importance of networking in crowdfunding.Main Points:Reg CF was designed to democratize access to capital.Investors can gain significant upside by investing early.There are investors with extensive portfolios in Reg CF.Networking is crucial for successful crowdfunding campaigns.Retail investors can access growth stage deals.The potential for high returns attracts diverse investors.Strategic outreach can enhance investment opportunities.Understanding the market is key for investors.Investing in multiple deals can mitigate risks.The crowdfunding landscape is evolving rapidly.Connect with Jason Fishman:jfishman@digitalnicheagency.comdigitalnicheagency.comhttps://www.linkedin.com/in/jafishman/https://www.youtube.com/@DigitalNicheAgencyhttps://calendly.com/jfishman/30min?month=2025-09
It's The Ranch It Up Radio Show! Join Jeff Tigger Erhardt, Rebecca Wanner AKA BEC and their crew as they find out more on the Common Ground Coalition that so many of us have been hearing about. Plus, market reports, upcoming sales, and info you just don't hear anywhere less on this all-new episode of The Ranch It Up Radio Show. Be sure to subscribe on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel. Season 5, EPISODE 263 Common Ground Coalition Seeks To Preserve America's Food Security By Uniting Livestock Producers Agriculture is not optional. America's food chain is only as strong as our family farms and ranches. Our livestock industry is better together and must unify with one voice. As dedicated stakeholders in the livestock industry, we call upon our fellow livestock producers and all of agriculture to join us and stand united. The time has come to prove that our industry can and will align to drive meaningful and lasting change, safeguarding the future of America's agricultural sector, rural communities and our nation's food independence. We need your help in giving America's livestock industry a common voice. The 5 Key Components Of The Common Ground Coalition 1. Achieve and Maintain Ag-Friendly Tax Policy Extend the Tax Cuts and Jobs Act provisions that help agriculture beyond 2025, including: Preservation of federal transfer tax lifetime exemption amounts, indexed for inflation, and Retention of step-up in basis under § 1014, and Return to 100% bonus depreciation under § 168, and Continued expanded application of § 179, and Maintenance of the § 199A qualified business income deduction. Increase the aggregate limit allowed under § 2032A to $30 million, indexed for inflation. 2. Make Risk Management Tools More Effective Increase the Livestock Risk Protection subsidy level, and Allow Livestock Risk Protection coverage to start the day price risk is assumed, and Create or improve mechanisms for industry input and oversight of risk management tools that will make them more attractive to producers. 3. Improve Access To Labor Remove the seasonality component from H-2 programs, and Create an optimized and efficient process for workers in good standing to return to the same employer year after year, and Redefine “agricultural employer” to expand its scope for purposes of H-2A programs to include more employers essential to agricultural production in the United States. 4. Increase Flexibility For Livestock Haulers Exempt livestock haulers from Hours-of-Service rules, and Permanently exempt livestock haulers from the Electronic Logging Device mandate, and Support the state and federal adoption of increased load capacity limits. 5. Create Support For Young & Emerging Livestock Producers Reform USDA programs to raise limits on guaranteed loan programs, streamline the lending process, and expand eligibility criteria. Create tax credits or incentives for leasing or selling land to, and providing capital to, younger or emerging livestock producers, including elimination of capital gains, reduced financing costs, and access to loans. Create front-loaded tax relief for buyers purchasing land for use in livestock production. Establish programs and educational programming to cultivate interest in young people to pursue careers in livestock production. Incentivize livestock producers and others, including those in academia, business, and government, to mentor young or emerging livestock producers and support new entrants into the industry. Develop technologies targeted at increasing efficiency in livestock production. For more Information more information on the Common Ground Coalition, click HERE Featured Experts in the Cattle Industry Jake Parnell – Common Ground Coalition https://www.commongroundcoalition.net/ Follow on Facebook: @CommonGroundCoalition Kirk Donsbach – Financial Analyst at StoneX https://www.stonex.com/ Follow on Facebook: @StoneXGroupInc Shaye Wanner – Host of Casual Cattle Conversation https://www.casualcattleconversations.com/ Follow on Facebook: @cattleconvos Contact Us with Questions or Concerns Have questions or feedback? Feel free to reach out via: Call/Text: 707-RANCH20 or 707-726-2420 Email: RanchItUpShow@gmail.com Follow us: Facebook/Instagram: @RanchItUpShow YouTube: Subscribe to Ranch It Up Channel: https://www.youtube.com/c/RanchItUp Catch all episodes of the Ranch It Up Podcast available on all major podcasting platforms. Discover the Heart of Rural America with Tigger & BEC Ranching, farming, and the Western lifestyle are at the heart of everything we do. Tigger & BEC bring you exclusive insights from the world of working ranches, cattle farming, and sustainable beef production. Learn more about Jeff 'Tigger' Erhardt & Rebecca Wanner (BEC) and their mission to promote the Western way of life at Tigger and BEC. https://tiggerandbec.com/ Industry References, Partners and Resources For additional information on industry trends, products, and services, check out these trusted resources: Allied Genetic Resources: https://alliedgeneticresources.com/ American Gelbvieh Association: https://gelbvieh.org/ Axiota Animal Health: https://axiota.com/multimin-campaign-landing-page/ Imogene Ingredients: https://www.imogeneingredients.com/ Jorgensen Land & Cattle: https://jorgensenfarms.com/#/?ranchchannel=view Medora Boot: https://medoraboot.com/ RFD-TV: https://www.rfdtv.com/ Rural Radio Network: https://www.ruralradio147.com/ Superior Livestock Auctions: https://superiorlivestock.com/ Transova Genetics: https://transova.com/ Westway Feed Products: https://westwayfeed.com/ Wrangler: https://www.wrangler.com/ Wulf Cattle: https://www.wulfcattle.com/
Most founders think Regulation Crowdfunding is a quick way to raise capital — but it's far more strategic. In this episode of Test. Optimize. Scale, Jason Fishman sits down with Brian Korn, Head of FinTech & Blockchain at Manatt, Phelps & Phillips, and board member of the Crowdfunding Professional Association, to unpack how Reg CF and Reg A+ really work.
Chronically parched is not something anyone in this country or anywhere should ever have to feel, but here we are. So how are towns and states making clean water more affordable, reliable, and less controversial? 'cause remember, it's fucking water. Look, you might feel like you're giving it all you got but when you look around things are a little dark out there. So you, our listeners and readers and viewers and users, whatever, across the world, want and demand more examples of fight and progress you can see and touch and feel, taste, and in these conversations, in this special series, in our partnership with our best friends that Run For Something, we're gonna do that.Each of these episodes features two guests both sourced from the Run For Something pipeline and graduating classes. First, I'll introduce one young elected official at the state or local level who has actually made real measurable progress on an issue facing more Americans than ever before, something that you'll notice.And then in the same episode, I'll introduce a bright-eyed candidate who's currently running for a state legislature for mayor, for city council, or for school board, who is similarly hellbent on attacking the same issue in their own hometown or their state. And for all you know, one of these could be in yours or near yours, or just have lessons that apply to yours.Today our topic: drinking water. You'd think it wouldn't be complicated or controversial, but remember folks, bad guys are real.Introducing our incumbent, State Rep Laurie Pohutsky is a Michigan born millennial microbiologist serving her fourth term in the Michigan House of Representatives where she serves on the Oversight Committee and is the Chair of the Progressive Women's Coalition. Laurie sponsored legislation that became Michigan's Clean Energy and Jobs Act of 2023. She's the co-sponsor of legislation to make polluters pay, which is always great, and to amend Michigan's Natural Resources and Environmental Protection Act, which focuses on environmental cleanup standards and procedures, which would be stellar since, as you know, the EPA has, basically been abolished.Our candidate, Denzel McCampbell is a fine, young community advocate and native Detroiter, living and running for Detroit City Council District Seven. Denzel was born and raised in the east side and is a graduate of Michigan State University. He is dedicated to public service, to fighting day in and day out to increase access to democracy and representation for marginalized groups. He believes the Detroit city government should be a responsive government that uses its resources to ensure that every neighborhood is well resourced and that every resident is able to have the fundamentals. Two amazing humans fighting for water, and fighting for everything else. Let's find out what it means for their hometowns, for Michigan, and for yours.-----------Have feedback or questions? Tweet us, or send a message to questions@importantnotimportant.comNew here? Get started with our fan favorite episodes at podcast.importantnotimportant.com.Take Action at www.whatcanido.earth-----------INI Book Club:
Nashville's main landfill is almost full, leaving Davidson County in the middle of a “trash crisis.” State Senator Heidi Campbell joins us to explain how her Tennessee Waste to Jobs Act could turn the problem into economic opportunity — generating thousands of jobs and billions in revenue while funding recycling infrastructure and education at no cost to taxpayers. Learn more and watch the official video of “From Waste to Wages: Tennessee's Economic Potential in Recycling,” nominated in the 2025 Nashville Film Festival. Get more from City Cast Nashville when you become a City Cast Nashville Neighbor. You'll enjoy perks like ad-free listening, invitations to members only events and more. Join now at membership.citycast.fm/nashville Want some more City Cast Nashville news? Then make sure to sign up for our Hey Nashville newsletter. Follow us @citycastnashville You can also text us or leave a voicemail at: 615-200-6392 Interested in advertising with City Cast? Find more info HERE.
This Day in Legal History: Volstead ActOn October 28, 1919, the Volstead Act was passed by the U.S. Congress over President Woodrow Wilson's veto, laying the legal foundation for Prohibition in the United States. Formally titled the National Prohibition Act, the law was intended to provide for the enforcement of the 18th Amendment, which had been ratified earlier that year and prohibited the manufacture, sale, and transportation of intoxicating liquors.The Volstead Act, named after Representative Andrew Volstead of Minnesota who introduced it, defined what constituted “intoxicating liquors”—a key point of contention. It set the threshold at anything containing more than 0.5% alcohol by volume, thereby banning even beer and wine, which many Americans had not expected to be included. The law also outlined penalties and enforcement mechanisms, giving the federal government new policing powers.Prohibition officially began in January 1920, sparking a surge in bootlegging, speakeasies, and organized crime. While intended to curb alcohol consumption and related social problems, the law instead fueled a vast illicit economy. Enforcement proved difficult and inconsistent, and public support for Prohibition declined steadily throughout the 1920s.The Volstead Act remained in effect until the 21st Amendment repealed Prohibition in 1933, marking the only time a constitutional amendment has been entirely undone by a subsequent amendment. The legacy of the Volstead Act lingers in ongoing debates about federal regulation, moral legislation, and the limits of enforcement.In a push to speed up electricity access for the fast-growing data center sector, U.S. Energy Secretary Chris Wright has directed federal energy regulators to consider a rule that would streamline how new projects connect to the electric grid. The proposed rule, sent to the Federal Energy Regulatory Commission (FERC), would allow customers to file combined requests for both energy demand and generation at the same site—cutting study times and costs. Wright also asked FERC to explore completing grid project reviews within 60 days, a sharp departure from the years-long timelines currently common.This move comes as U.S. power demand rises sharply, largely due to artificial intelligence workloads, prompting the Trump administration to seek expanded capacity, particularly from fossil fuel and nuclear sources. Though the Energy Secretary cannot compel FERC to act, the Republican-led commission will now weigh the proposals. Industry groups like the Edison Electric Institute praised the initiative as a necessary step to stay competitive, while environmental advocates criticized the fast-tracked timelines as reckless, especially during a government shutdown.Wright also urged FERC to ease the permitting process for hydroelectric development, drawing praise from the hydropower industry, which sees regulatory delays as a major barrier to growth. The proposals reflect the administration's strategy to meet surging energy demand quickly, though they raise concerns about environmental oversight and procedural rigor.US pushes regulators on connecting data centers to grid | ReutersTexas's new Business Court, launched in September 2024 across five major cities, is quickly becoming a boon for law firms, attracting a wave of high-stakes commercial litigation and prompting staffing increases. Major firms like Jackson Walker, Norton Rose Fulbright, and Baker Botts are leading the charge, with over 220 cases already filed—far exceeding early expectations. The court, designed to compete with Delaware's Court of Chancery and bolster Texas's business-friendly reputation, is drawing interest from corporate giants like AT&T, BP, and Exxon Mobil.Lawyers are treating the venue as a prestige arena for complex business disputes, and firms are responding by hiring, publishing guides, and producing media content to market their expertise. For example, Norton Rose launched a video series on court developments, while Haynes Boone created an internal task force to track rule changes.The court's promise of faster timelines—often under 18 months compared to multi-year waits in traditional courts—is one of its major selling points. Judges are aiming to build out a body of corporate case law to make Texas a viable alternative to Delaware for resolving business disputes. Despite no trials yet, over three dozen cases are jury-bound in the next year, signaling strong demand. The court's rapid rise suggests it could reshape where and how major commercial litigation happens in the U.S.Law Firms Join Early Winners in ‘Very Hot' Texas Business CourtThe head of the American Federation of Government Employees (AFGE), the largest federal worker union, is urging Senate Democrats to help end the nearly month-long government shutdown—the second longest in U.S. history. AFGE President Everett Kelley called for an immediate reopening of the government through a “clean” short-term funding bill, aligning with a version passed by the Republican-controlled House in September.Democrats have resisted that approach, instead demanding that Republicans first agree to renew subsidies for Obamacare insurance plans. Kelley's statement increases pressure on Democrats, as federal employees begin to feel the financial strain—many missed their first full paycheck last week, and essential services like food aid and air traffic control are being impacted.Kelley also called for guaranteed back pay for all affected workers and urged bipartisan efforts to fix the broken appropriations process and address rising costs. A senior Senate GOP aide noted the union's position might signal a turning point in negotiations, potentially encouraging Democrats to reconsider the short-term funding route.Federal Worker Union Calls to End Shutdown, Pressuring DemocratsMy column for Bloomberg this week looks at Italy's decision to raise its flat tax on wealthy foreign residents—a move that reflects the unsustainability of luring the rich with short-term tax deals. Italy isn't backtracking because its plan failed outright; it's doing so because it succeeded just long enough to paper over a deeper revenue gap. The original policy, a 100,000-euro annual payment to exempt new wealthy residents from foreign income taxes, was a bold but limited solution that boosted luxury markets without delivering long-term fiscal stability. Now, Italy is bumping that fee up to 300,000 euros by 2026 to keep the scheme afloat.That's a warning for the U.S., where the Trump Tax Cuts and Jobs Act followed a similar path—offering generous upfront tax cuts to high earners with no lasting funding mechanism. Rather than building resilience into the tax system, both countries are layering short-term relief on top of structural deficits, leaving future policymakers to scramble for temporary fixes. I argue for automatic sunset provisions that scale back preferential tax treatment when equity or revenue metrics worsen, allowing tax codes to serve as stabilizers instead of giveaways. Metrics like tax revenue as a share of GDP or the Gini coefficient could trigger phaseouts without requiring political intervention.Italy's flat tax is a case study in what happens when fiscal policy becomes a subscription model for the wealthy: the price keeps going up, and the returns diminish. The U.S. is running a version of the same play, just with fewer disclosures and rosier assumptions. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
On July 4th, 2025 an 870-page tax bill called the 'One Big Beautiful Bill Act' (OBBBA) was signed into to law. Some parts have been heavily discussed and others not so much. So we dug around ourselves and pulled out some hidden messages you may have missed that could have major implications to your FI (Financial Independence) journey.
Want to learn more about Vodyssey or start your STR journey. Book a call here:https://meetings.hubspot.com/vodysseystrategysession/booknow?utm_source=vodysseycom&uuid=80fb7859-b8f4-40d1-a31d-15a5caa687b7HARVEY LINKS:https://hkesnerlaw.com/https://www.linkedin.com/in/harvey-kesner/FOLLOW US:https://www.facebook.com/share/g/16XJMvMbVo/https://www.instagram.com/vodysseyshawnmoorehttps://www.facebook.com/vodysseyshawnmoore/https://www.linkedin.com/company/str-financial-freedomhttps://www.tiktok.com/@vodysseyshawnmooreChapters00:00:00 Introduction to Capital Raising in Real Estate00:02:57 Navigating the SEC and Legal Landscape00:06:03 The Importance of Disclosure and Due Diligence00:08:58 Building a Strong Team for Capital Raising00:11:56 Common Mistakes in Deal Structuring00:14:57 The Responsibility of Managing Other People's Money00:17:57 Understanding Capital Raising Options00:20:41 Private vs Public Offerings00:22:17 The Impact of the Jobs Act on Investment Opportunities00:28:00 The Role of AI in Legal Practices00:34:56 Navigating the Wild West of Crypto and AI Regulations
Isaac Jones, CPA with Perkins & Co., discusses the evolution and benefits of Opportunity Zones, highlighting the initial confusion caused by the 2017 Tax Cuts and Jobs Act and the subsequent impact of the pandemic. The new Opportunity Zone Act 3 (OZ 3) makes the program permanent, providing more clarity and certainty. Investors must recognize a capital gain within 180 days and invest in a Qualified Opportunity Fund. Key benefits include deferred tax on capital gains, potential reduction of gains recognized, and tax-free appreciation if held for over 10 years. The program incentivizes investment in low-income communities, with ground-up development or substantial rehabs being ideal projects.
In this episode of The Smart Real Estate Coach Podcast, I sit down with Lon Welsh, founder and CEO of Your Castle Real Estate and Ironton Capital, to unpack how investors can navigate today's economic climate with data, discipline, and diversification. Lon brings more than two decades of experience in commercial and residential real estate and now manages nearly $100 million in private funds through Ironton Capital. We talk about how market trends are shifting across regions, how private income funds compare to active investing, and why investor sentiment is near decade lows despite strong fundamentals. Lon also shares how his team is using AI and data analytics to gain an edge in decision-making, plus what investors should expect heading into 2025 and beyond. If you're ready to sharpen your macro understanding and learn how to balance active vs. passive investing, this episode will help you make smarter, calmer financial decisions in any market cycle. Key Talking Points of the Episode 00:00 Introduction 01:20 Who is Lon Welsh? 02:45 National housing slowdown: why the West and Southeast are softening faster 04:05 Comparing private funds vs. individual investing: pros, cons, and liquidity 05:17 Why investor sentiment is at a decade low and how media fear feeds it 06:35 Explaining Ironton's Short-Term and Medium-Term funds 08:26 The ideal investor profile: active landlords, busy professionals, and developers 09:29 How developers use Ironton's funds to earn while waiting on permits 13:16 The National Diversified Fund: balancing new builds with value-add multifamily 14:20 Using AI for analytics, underwriting, and even writing Lon's 14th book 15:32 How Lon tracks national real estate trends quarterly and why it matters 17:30 The regional outlook for 2025: where growth and appreciation are heading 18:56 How to get in touch with Lon and his team 19:54 Alternatives & diversification: making institutional-grade investing accessible 20:45 How the JOBS Act opened opportunities for accredited investors Quotables “Consumer sentiment right now is the lowest it's been in a decade, even though the economy is healthier than people think.” “Don't panic. The media thrives on fear but markets reward patience and perspective.” “At each phase of the market cycle, there's a different strategy that works best. Listen to the market, don't fight it.” Links Ironton Capital https://irontoncapital.com FREE Guide to Passive Diversified Real Estate Investing https://irontoncapital.com/smartrecoach Lon Welsh lonwelsh@irontoncapital.com QLS 4.0 - Use coupon code for 50% off https://smartrealestatecoach.com/qls Coupon code: pod Apprentice Program https://3paydaysapprentice.com Coupon code: Podcast Masterclass https://smartrealestatecoach.com/masterspodcast Wicked Smart Books https://wickedsmartbooks.com/podcast Strategy Session https://smartrealestatecoach.com/actionpodcast Partners https://smartrealestatecoach.com/podcastresources
In this episode of Main Street Matters, Elaine Parker sits down with Julio Gonzalez to discuss how IRS reform could fix a broken system, reduce audit fear, and restore fairness to Main Street. They also explore: The real impact of the Tax Cuts and Jobs Act, How Engineered Tax Services supports small business owners, & What bipartisan reforms could rebuild trust in the tax code. Text "Why" to 26786 to get a FREE copy of Julio's NEW Book "Why Billionaires Love The Tax Code: Follow the IRS's Lead to Build Wealth" #IRSReform #SmallBusiness #TaxCode #MainStreetMattersSee omnystudio.com/listener for privacy information.
Discover how Anton Mattli of Peak Financing unpacks decades of wisdom from his global banking and real estate journey — from Zurich to New York to Dallas — revealing how he's advised family offices and high-net-worth investors in deploying billions into commercial and multifamily assets. Anton breaks down how the JOBS Act reshaped the syndication landscape, why institutional players weather downturns better than most, and how syndicators can still thrive by strengthening partnerships and structuring smarter deals. He also shares critical insights on today's lending environment, the future of bridge loans, and the pros and cons of fund-of-fund models. This is a must-listen for serious investors looking to master the art of capital structure, syndication, and sustainable growth in today's evolving real estate market.5 Key TakeawaysHow the JOBS Act Transformed Syndication – Anton explains how the JOBS Act opened the door for private placements, making syndication scalable and accessible to a broader investor base Why Institutional Players Are More Resilient – Large institutional investors leverage lower debt ratios and stronger capital reserves, allowing them to withstand market corrections more effectively than smaller syndicators The New Rules of Lending – Post-2022, lenders have become far more cautious, scrutinizing both sponsors and properties with greater rigor before extending loans or renewals Common Pitfalls Among Syndicators – Many operators fell into the “extend and pretend” trap, relying on bridge loans and preferred equity to delay issues rather than strengthen fundamentals Fund of Funds vs. Fund of Fund Managers – Anton details the risks of fund-of-fund models when due diligence is weak, cautioning investors to distinguish between true fund management and simple marketing plays About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai
Ditch the Suits - Financial, Investment, & Retirement Planning
Summary This episode explores the newly expanded SALT (State and Local Tax) deduction under the One Big Beautiful Bill Act (OBBB), focusing on its impact for high-income earners and residents of high-tax states. Key Points Covered SALT Deduction Expansion: The cap on SALT deductions jumps from $10,000 to $40,000, a major relief for households earning under $500,000. This change is especially beneficial for taxpayers in high-tax states like New York, California, Connecticut, Illinois, Massachusetts, Maryland, and the District of Columbia. Contrast with Social Security Tax Deduction: The episode compares the substantial SALT deduction expansion to the more modest senior tax deduction discussed in previous episodes. Raises questions about fairness, fiscal responsibility, and political priorities. Personal Perspective: Travis shares insights from living in both New York (high-tax) and Tennessee (low-tax), illustrating how these policies affect different regions and income brackets. Tax Reform Details: Travis explains how the 2017 Tax Cuts and Jobs Act raised the standard deduction and lowered tax brackets, but capped SALT deductions at $10,000, which hurt high-tax state residents. The OBBB's increase to $40,000 allows more people in high-tax states to itemize deductions, potentially saving substantial federal taxes. Who Benefits Most: Estimated 10–15 million households could benefit, with an average household tax savings of $4,800. The total cost is projected at $72 billion per year, more than double the estimated $30 billion cost of the senior tax deduction. Political and Fiscal Implications: The episode discusses how the expanded SALT deduction disproportionately benefits higher earners in blue states, potentially incentivizing fiscal irresponsibility at the state level. Highlights the political divide and debates over who should benefit from tax reform and how it affects the federal deficit. Critical Reflection: Points out the hypocrisy in political arguments about tax breaks and deficit concerns, noting that those who criticize the senior deduction often benefit most from the SALT expansion. Suggests that voters in high-tax states should push for more fiscal responsibility at the state level. Takeaways The OBBB's SALT deduction expansion is a significant win for high-income earners in high-tax states, but raises broader questions about fairness and fiscal policy. Travis encourages listeners to consider the real beneficiaries of tax reform and the long-term impact on state and federal budgets.
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and Arthur Laffer discuss his origins as an economist, including his relationships with George Shultz and Milton Friedman, the 50-year history of the Laffer Curve, the shape of the Laffer Curve, the effects of the Tax Cuts and Jobs Act on fixed investment and revenue, and much more. Recorded on August 12, 2025. ABOUT THE SERIES Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information about the podcast, or subscribe for the next episode, click here.
Section 174 has long been a source of confusion for small business owners navigating R&D expenses. In this episode, we dive into what Section 174 is, the recent changes introduced through the One Big Beautiful Bill Act, and how these updates impact your bottom line. From immediate expensing of R&D costs to state-level differences, you'll learn the practical steps business owners should take now to stay compliant and maximize their deductions. [01:05] What Section 174 is and why small business owners should care [02:07] Major changes since the 2017 Tax Cuts and Jobs Act — and what OB3 restores [03:15] Real-world impact of R&D expenses on small business tax filings [04:05] Three key action steps: recordkeeping, cash flow planning, and working with tax advisors [04:44] State-level differences to watch for when applying deductions [05:03] How to stay up to date with IRS guidance and evolving tax rules This content is based on generally accepted HR practices, is advisory in nature, and does not constitute legal advice or other professional services. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This content is current as of the published date. Copyright © 2025 ADP, Inc. All Rights Reserved. The ADP logo, ADP, RUN Powered by ADP, and HR{preneur} are registered trademarks of ADP, Inc. and its affiliates. All other marks are the property of their respective owners. Privacy at ADP
On today's Daily Windup, I break down the reality behind recent reports on the federal contracting market. While confidence is up thanks to the $2 trillion Infrastructure Investment and Jobs Act, the truth is small businesses are struggling more than ever. We're seeing 30% fewer small business entrants into the federal marketplace and 40% fewer firms supporting the government compared to just a decade ago. Agencies like NAVFAC are shifting nearly everything into long-term MAC and IDIQ contracts—deals most micro-businesses with under 10 employees can't even qualify for. The result? A widening gap between small firms and the billion-dollar giants. But here's the opportunity: the same reports highlight strategic teaming initiatives, business development, and cybersecurity as top priorities for success. I've seen firsthand how critical these are—I've even been hacked three times this year, and the government is about to roll out stricter CMMC cybersecurity requirements across solicitations. If you don't master BD, teaming, and compliance, you'll be left behind. This episode is my straight talk about the risks, the trends, and the skills every small business needs to survive in government contracting today.
A former Senior Counsel on the Senate Committee on Commerce, Science, and Transportation explains how Washington works with respect to aviation policy and oversight. In the news, a Production Specification for Swift Fuels 100R unleaded avgas, the DOT Solicitation for Air Traffic Control Integrator Contract, EMAS and runway overruns, carrier qualifications for new Navy fighter pilots, and the Boeing strike. Guest Alex Simpson is Senior Vice President at Cassidy & Associates, a bipartisan government relations firm, where he focuses on the transportation sector. Previously, Alex served as Senior Counsel on the Senate Committee on Commerce, Science, and Transportation under Chair and Ranking Member Sen. Maria Cantwell (D-WA). In that role, he led oversight of the FAA, TSA, NTSB, and the aviation industry. He executed over 25 hearings, including multiple high-profile hearings with airline and manufacturing CEOs, union leaders, DOT Secretaries, and FAA Administrators. Alex maintains close ties with the Senate Commerce and House Transportation & Infrastructure committees. Alex explains the major Congressional members and committees that create aviation policy and provide industry oversight. That includes the U.S. Senate Committee on Commerce, Science, & Transportation, and the House Committee on Transportation & Infrastructure. In addition, non-government stakeholders that influence policy decisions include organizations such as Airlines For America (A4A), ALPA, NATCA, Boeing, and even crash victim families acting as advocacy groups. Alex discusses a variety of topics, including ATC infrastructure, likely prime integrator candidates, and elements of a possible TSA reauthorization bill, such as the use of facial recognition technology at TSA checkpoints. Also, Boeing and the deferred prosecution agreement, lifting the 737 MAX production cap, and the 1500-hour rule for commercial airline pilots. We touch on consumer protection and the Full Fare Rule aimed at preventing deceptive airfare advertisements. As a Committee staffer, Alex drafted and negotiated the FAA Reauthorization Act of 2024. He also worked closely on the Infrastructure Investment and Jobs Act, which included more than $25 billion for airport infrastructure upgrades. Before his tenure in the Senate, Alex practiced law at the U.S. Department of Transportation and Zuckert, Scoutt, & Rasenberger (now KMA Zuckert), where he helped clients problem-solve aviation issues, including those related to the Essential Air Service Program, airport landing rights (slots), antitrust, air carrier economic authority and fitness, federal preemption, and airport grant assurances. Aviation News Swift 100 R Gets ASTM Spec ASTM International recently approved a Production Specification for Swift Fuels 100R unleaded avgas. Swift is one of three unleaded fuel makers, and the first to get ASTM approval. Swift Fuels has devoted years of research working with the FAA, Lycoming, Continental Aerospace, Rotax, Textron Aviation, Piper, and others. The ASTM AvGas standards define the required chemical, physical, and performance characteristics for unleaded Avgas sold for aviation use. DOT Opens Solicitation for Air Traffic Control Integrator Contract The Department of Transportation issued an updated request for solutions to identify a Prime Integrator for the Brand New Air Traffic Control System. (Solicitation Number BNATCSRFSFINAL.) Submissions to the Request for Solutions - Brand New Air Traffic Control System at Sam.gov must be submitted by September 21, 2025. Carrier Qualifications Axed From Graduation Requirements For New Navy Fighter Pilots U.S. Navy Tactical Air (Strike) aviators in training are no longer required to take off and land from aircraft carriers before earning their Naval Aviator wings. A Navy official said “Students in the strike pipeline, those training to fly F/A-18s, F-35s, and EA-18Gs, are no longer required to qualify by landing on ...
Send us a textThe big, beautiful tax bill brings welcome news for taxpayers with lower tax brackets being preserved, an increased standard deduction, and a higher child tax credit of $2,500 per child. Seniors will especially benefit from an additional $6,000 deduction per person regardless of whether they itemize or take the standard deduction.• Lower tax brackets from the Tax Cut and Jobs Act will remain in place• Standard deduction stays at $15,750 for single filers and $31,500 for married couples• Child tax credit increased from $2,000 to $2,500 per child through 2028• Seniors get an extra $6,000 deduction per person ($12,000 for married couples)• Tips now excluded from income tax up to $25,000 annually• Overtime is taxed only at your regular hourly rate, not at the higher overtime rate• Auto loan interest deductible up to $10,000 for vehicles finished in the USA• SALT deduction cap increased from $10,000 to $40,000 through 2029• 100% bonus depreciation returns starting January 19, 2025, through 2028• 1099 reporting threshold increased from $600 to $2,000 beginning in 2026• Income limitations apply to many benefits: $150K for singles, $300K for married couplesIf you found this helpful, please share it with a friend.Support the showCreate a STAN Store - Click here to try it out!Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!Shop our business guides!Our Instagram PageOur family page
In this inspiring episode of American Potential, host David From speaks with Dr. Chaminie Wheeler, a pediatrician who walked away from the traditional hospital system to launch a direct primary care (DPC) practice—putting patients, not paperwork, at the center of healthcare. Raised in a small village in Sri Lanka, Dr. Wheeler's passion for helping others began at a young age and followed her to Pennsylvania, where she built CCC Health from the ground up with help from the Tax Cuts and Jobs Act. She shares how the broken insurance-based model shackled her ability to treat patients with compassion and clarity. From unnecessary CT scans to delayed diagnoses, Dr. Wheeler reveals how bureaucracy often prevents real healing—and why DPC offers a better way forward. This episode dives deep into the challenges independent doctors face, the critical role of expanded Health Savings Accounts (HSAs), and how innovation thrives when government steps back. Dr. Wheeler's story is a reminder that when we trust doctors and empower patients, we unlock the real potential of American healthcare.
Join host David From as he sits down with Congressman Pat Harrigan and flight school owner Jim Rhoades-Baldwin to explore the Tax Cuts and Jobs Act (TCJA) from two vital viewpoints. Congressman Harrigan offers an insider's perspective on the legislative process behind making the TCJA permanent, sharing how this landmark bill aims to fuel economic growth, strengthen national defense, and provide broad tax relief for American families and businesses. Meanwhile, Jim brings the business owner's experience to life, detailing how TCJA's provisions—like accelerated depreciation and the 199A small business deduction—have fueled his flight training school's expansion, job creation, and long-term planning. Together, they discuss the real-world impact of tax reform on everyday Americans, from workers benefiting from untaxed tips and overtime wages to entrepreneurs empowered to invest in their communities. This episode provides a comprehensive and engaging look at how policy translates into opportunity, growth, and financial security across the nation. Tune in for an enlightening conversation about the future of American potential under the TCJA.
Stocks hold steady as tariff uncertainty continues. Our CIO and Chief U.S. Equity Strategist Mike Wilson explains how policy deferrals, earnings resilience and forward guidance are driving the market.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing why stocks remain so resilient. It's Monday, July 14th at 11:30am in New York. So, let's get after it. Why has the equity market been resilient in the face of new tariff announcements? Well first, the import cost exposure for S&P 500 industries is more limited given the deferrals and exemptions still in place like the USMCA compliant imports from Mexico. Second, the higher tariff rates recently announced on several trading partners are generally not perceived to be the final rates as negotiations progress. I continue to believe these tariffs will ultimately end up looking like a 10 percent consumption tax on imports that generate significant revenue for the Treasury. And finally, many companies pre-stocked inventory before the tariffs were levied and so the higher priced goods have not yet flowed through the cost of goods sold. Furthermore, with the market's tariffs concerns having peaked in early April, the market is looking forward and focused on the data it can measure. On that score, the dramatic v-shaped rebound in earnings revisions breadth for the S&P 500 has been a fundamental tailwind that justifies the equity rally since April in the face of continued trade and macro uncertainty. This gauge is one of our favorites for predicting equity prices and it troughed at -25 percent in mid-April. It's now at +3 percent. The sectors with the most positive earnings revisions breadth relative to the S&P 500 are Financials, Industrials and Software — three sectors we continue to recommend due to this dynamic. The other more recent development helping to support equities is the passage of the One Big Beautiful Bill. While this Bill does not provide incremental fiscal spending to support the economy or lower the statutory tax rate, it does lower the cash earnings tax rates for companies that spend heavily on both R&D and Capital Goods.Our Global Tax Team believes we could see cash tax rates fall from 20 percent today back toward the 13 percent level that existed before some of these benefits from the Tax Cuts and Jobs Act that expired in 2022. This benefit is also likely to jump start what has been an anemic capital spending cycle for corporate America, which could drive both higher GDP and revenue growth for the companies that provide the type of equipment that falls under this category of spending. Meanwhile, the Foreign-Derived Intangible Income is a tax incentive that benefits U.S. companies earning income from foreign markets. It was designed to encourage companies to keep their intellectual property in the U.S. rather than moving it to countries with lower tax rates. This deduction was scheduled to decrease in 2026, which would have raised the effective tax rate by approximately 3 percent. That risk has been eliminated in the Big Beautiful Bill. Finally, the Digital Service Tax imposed on online companies that operate overseas may be reduced. Late last month, Canada announced that it would rescind its Digital Service Tax on the U.S. in anticipation of a mutually beneficial comprehensive trade arrangement with the U.S. This would be a major windfall for online companies and some see the potential for more countries, particularly in Europe, to follow Canada's lead as trade negotiations with the U.S. continue. Bottom line, while uncertainty around tariffs remains high, there are many other positive drivers for earnings growth over the next year that could more than offset any headwinds from these policies. This suggests the recent rally in stocks is justified and that investors may not be as complacent as some are fearing. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!
On Wednesday's Mark Levin Show, WJNO's Brian Mudd fills in for Mark. Will we finally see accountability for James Comey, John Brennan, and James Clapper? CIA Director John Ratcliffe referred Brennan and Comey to the FBI for potential criminal prosecution. Accountability is important to prevent future misconduct, but if there were a trial, it would occur in Washington, D.C. As John Durham learned, there was no way to get an honest D.C. jury. Also, former White House physician Dr. Kevin O'Connor invoked his Fifth Amendment rights and remained silent during a House Oversight Committee interview, refusing to answer questions, including whether he was asked to lie about President Biden's health or if he believed Biden was unfit for duty. O'Connor's refusal to answer seems to show that he was in on the cover-up. Later, during the Biden administration, 59% of jobs (7.9 million) went to U.S.-born workers, while 41% (5.5 million) went to foreign-born workers, including many illegal immigrants. In the first five months of the Trump administration in 2025, 985,000 jobs were added, with a net decline of 735,000 foreign-born workers, resulting in 1.7 million more U.S.-born workers employed. This suggests U.S.-born workers are filling jobs previously held by immigrants, with significant self-deportation likely contributing, as deportations are minimal. Finally, President Trump is the second most efficient U.S. president, behind only FDR, for rapidly advancing his second-term agenda. In roughly 170 days, he signed 170 executive orders, 44 memoranda, 71 proclamations, and five laws, including the One Big Beautiful Bill. Despite a narrow congressional majority, he made the Tax Cut and Jobs Act permanent and introduced 27 tax code changes, retroactive to January 1, 2025, saving taxpayers money through deductions. His speed and success are historically remarkable. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this BONUS hour of The Sean Hannity Show, Sean sits down with Kurt Couchman, Senior Fellow in Fiscal Policy at Americans for Prosperity, to dismantle three persistent myths about the “One Big Beautiful Bill.” With facts and fiscal clarity, Couchman sets the record straight: Myth #1: “Only the wealthy benefited from the Trump tax cuts.”FACT: The 2017 Tax Cuts and Jobs Act delivered across-the-board tax relief—from doubling the standard deduction to lowering rates at every income level. Myth #2: “The bill cuts Medicaid for those who depend on it.”FACT: Reforms focus on efficiency and restoring Medicaid’s intended mission—not slashing support for vulnerable populations. Myth #3: “This bill explodes the deficit.”FACT: The real culprit is out-of-control spending—not tax cuts. Federal spending has tripled since 2001, while the 2017 cuts spurred growth, boosted incomes, and actually helped revenue. Growth, Couchman argues, is the antidote to deficits. A must-listen for anyone debating tax policy, entitlement reform, and fiscal responsibility. Please follow The Sean Hannity Show wherever you get your podcasts. Follow Sean and Our Guests on Social Media: Sean Hannity: Facebook: facebook.com/SeanHannity X (Twitter): x.com/seanhannity Truth Social: truthsocial.com/@SeanHannity Kurt Couchman: X (Twitter): https://x.com/KurtCouchman YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
What does real advocacy look like when it's led by those who've lived it? In this episode of American Potential, host David From talks with Alexa Rice and Jimmie Smith—two dedicated leaders at Concerned Veterans for America—about their trip to Capitol Hill for Vets on the Hill, one of the most powerful veteran-driven advocacy events in the country. Alexa, attending for the first time, and Jimmie, a seasoned CVA leader and U.S. Army veteran, share why this mission matters. Their focus: fighting for greater health care choice through the Veterans Access Act, ensuring veterans can seek timely care in their communities if the VA falls short. They also advocate for keeping the 2017 Tax Cuts and Jobs Act, which supports the high rate of veteran entrepreneurship, and call for a smarter, right-sized foreign policy that puts American interests first and avoids endless wars. This episode dives deep into the personal motivations that fuel their work, the unique power of the veteran voice in policy discussions, and how real change starts with individuals sharing their stories directly with lawmakers. Whether you're a veteran, policymaker, or someone who simply cares about protecting freedom and opportunity—you'll leave inspired by what these two are doing to make a difference.
In this next installment of American Potential, host David From shares a timely conversation featuring House Majority Leader Steve Scalise (R-LA) and Fox News contributor and Americans for Prosperity Advisory Council member Guy Benson, recorded at the AFP Freedom Embassy in Washington, D.C. Scalise breaks down the House-passed reconciliation bill designed to lock in the 2017 Tax Cuts and Jobs Act (TCJA)—a move aimed at preventing a $4.5 trillion tax hike scheduled for 2025. The legislation would secure tax relief for families, protect small businesses, eliminate taxes on tips and overtime, restore bonus depreciation, and make the 199A small business deduction permanent. The bill also features aggressive mandatory spending reforms, work requirements in Medicaid and SNAP, border security investments, and energy production measures, echoing the agenda backed by voters in the last election. This episode offers an inside look at the high-stakes legislative battle to keep more money in Americans' pockets—and keep the economy growing.
In this eye-opening episode of American Potential, host David From sits down with David McNeilly, a financial advisor from Michigan, who shares how the Tax Cuts and Jobs Act (TCJA) has had a measurable, personal impact—not just on his clients, but on his own family's financial freedom. With a background in ministry and a passion for helping others, McNeilly now helps middle-class families navigate retirement planning, tax strategy, and long-term financial goals. But when he crunched the numbers comparing his 2023 tax bill under current rates versus pre-TCJA levels, the result shocked him: a $4,700 difference in annual tax savings—enough to take his family on a Disney cruise. McNeilly walks listeners through how policies from Washington shape real lives, sharing stories of clients who have retired early, sent their kids to private school, or bought long-dreamed-of lake houses—opportunities made possible by smart planning and a more favorable tax environment. He also explains how he's preparing clients for the potential expiration of TCJA, and why higher taxes could force middle-class families to rethink their futures. If you want a clear, data-driven perspective on how federal tax policy affects everyday Americans—not the wealthy, but the working families—this episode delivers it straight from the source.