Podcasts about tax breaks

This live recording of the Tax Breaks podcast brings together a panel of forward-thinking leaders for an examination of technologies set to redefine tax administration. From generative AI and intelligent automation to real-time data pipelines and secure cloud ecosystems, Ryan Minnick hosts a trio of tax technology's top leaders as they share the breakthroughs they're piloting today and the bets they're making for tomorrow. This is a candid conversation filled with insights you can take back to your agency to stay ahead of the curve.

August 7, 2025 ~ Susan Tompor joins Kevin to discuss how automatic gratuities may not be eligible for new Trump tax break on tips.

Today we'll be talking about disputed claims regarding assassination attempts and espionage accusations between Thailand and Cambodia, the game of poker being officially recognized as a sport in the kingdom, and a little later Thailand's plans for tax-free repatriation of foreign income to boos the economy.

See omnystudio.com/listener for privacy information.

On this episode of the Real Estate Education Podcast, Aaron and James break down the return of 100% bonus depreciation for short-term rental investors, now made permanent under the new tax bill. They explain how this powerful tax strategy—often called the "STR loophole"—allows qualifying investors to accelerate depreciation deductions and offset their W2 income, potentially saving tens of thousands of dollars annually. Using real-world examples, they walk through the three key steps to implement this strategy and discuss why it's exclusive to STRs versus traditional long-term rentals. The hosts also explore a significant shift in mortgage lending: how the Federal Housing Finance Agency is directing Fannie Mae and Freddie Mac to include cryptocurrency assets in loan qualification processes. Drawing from recent industry reports showing 5.4% of homebuyers now sell crypto for down payments, they discuss the implications of treating volatile digital assets similarly to tech stocks in mortgage underwriting, while weighing the benefits for younger buyers against potential risks to financial stability. Reach Out:  Interested in consulting with Erin? Email erin@erinspradlin.com  Work with James: James@JamesCarlsonRe.com Also in this episode: Why bonus depreciation works for STRs but not traditional rentals (hint: it's about active vs. passive income) The difference between cost segregation studies and 100% bonus depreciation Real example of a Miami buyer who lost 12% of his crypto value during forced liquidation How crypto reserves compare to stock holdings in mortgage qualification The tension between supporting small business investors and addressing housing affordability Whether you're a high-income earner looking for tax relief, an STR investor wanting to maximize deductions, or curious about how cryptocurrency is changing real estate financing, this episode provides the insights you need. The hosts remind listeners that while they may have political reservations about some tax policies, understanding and legally utilizing available strategies remains important for individual financial success. Subscribe, leave a review, and follow us on YouTube and Spotify for weekly real estate education content.

What's the SEMOP—and Why Self-Employed Buyers Need It (Click the link to learn about a free consultation)If you're self-employed and planning to buy a home, understanding how lenders view your income can be a major hurdle. That's where the Self-Employed Mortgage Optimization Plan (SEMOP) comes in. Created by CPA Dan Mullen, SEMOP is designed to help entrepreneurs, freelancers, and independent contractors present their finances in a way that works with—not against—mortgage qualification standards. From strategic timing of deductions to optimizing income documentation, SEMOP gives self-employed buyers a clear roadmap to prepare for underwriting and boost their chances of loan approval. It's not a gimmick—it's guidance built for how the system actually works.Many first-time buyers assume a mortgage guarantees big tax breaks—but unless you itemize your deductions, those savings may never come.Are you self-employed? Want a free tax consultation from Dan the Tax Man? Visit this link to learn more about Dan's program and how to get a complimentary consultation.This episode brings on CPA Dan Mullen to break down the truth about tax benefits for homeowners. You'll learn who actually gets tax breaks, when they apply, how itemizing plays a role, and how to calculate them before you buy. From itemized deductions to the SALT cap, Dan and David explain what first-time buyers need to know—and what myths to ignore. They also share real-world examples of savings (or lack thereof) so you can plan your budget with real numbers.Quote: "You have to remember, not everybody gets the tax benefits of owning. That's just a myth." — Dan MullenHighlights:Who really qualifies for the mortgage interest deduction?What is the SALT deduction cap, and how does it affect buyers?Why some buyers may see no tax benefit after purchasingThe difference between escrow payments and tax deductionsHow to estimate your actual savings before making an offerShould You Rent or Buy? This Book Has the Math.Wondering whether homeownership really makes financial sense?Real Decisions: The Financial Impact of Renting and Owning by Brady Mullen and Dan Mullen, CPA, breaks down the real numbers behind one of life's biggest choices.They debunk common myths and reveal how taxes, inflation, and appreciation shape your long-term wealth—whether you're buying your first home or advising someone who is. Perfect for first-time buyers, financial professionals, and real estate agents alike.Grab the book on Amazon →Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!

This week, hosts Zach and Christina bring their signature blend of expertise and energy to help you navigate some of the hottest financial topics of the season. From family adventures to the practical impact of new tariffs hitting on August 1st, you'll hear personal anecdotes and professional guidance that make complex policies easy to understand. Discover how the latest tariff changes could affect your wallet, business, and even your next shopping trip. Then, take a deep dive into the much-anticipated One Big Beautiful Tax Bill. Zach and Christina break down the key updates, including major changes to the standard deduction, child tax credit, SALT deduction, tips and overtime income, and new rules for charitable and car loan interest deductions. Curious about how seniors and tip earners fare under the new law? They've got the answers—and plenty of real-life examples to keep things lively! Plus, don't miss their 4 essential questions for reviewing your investment statements. With practical tips on evaluating fees, portfolio allocation, and keeping your accounts up to date, this episode ensures you're not leaving money—or peace of mind—on the table. If you're looking for smart financial strategies, engaging banter, and clear explanations of today's most important money topics, this episode is a must-listen. Tune in for expert advice, a few laughs, and actionable insights you can use right now! 

The tax break for Heated Tobacco Products made by Philip Morris has been extended for an extra two years. Guyon Espiner spoke to Corin Dann.

This week on the Team Lally Real Estate Radio Show, we interview Ryno Irwin, Owner and CEO of Hawaii Unified and Co-Founder of Go Local Powur. He unpacks how recent changes in federal tax credits are impacting both residential and commercial solar, why electric bills keep rising, what leasing really means, and how batteries play a role in maximizing solar investments. You also hear the truth about available tax credits, financing options, and how to know when the time is right to make the switch.We also have our Experts We Trust. Jodie Tanga of Pacific Rim Mortgage shares an incredible first-time homebuyer program that offers $5,000 toward closing costs with no interest, no monthly payments, and long-term benefits. Kyle Shimoda of INPAC Wealth provides insights for landlords and property owners sitting on investment real estate, including how 1031 Exchanges and DSTs can help build wealth, and details about an upcoming event for accredited investors. Duke Kimhan of Hawaii Pacific Property Management talks about what sets great property managers apart, why interviewing more than one is essential, and how their team handles tens of thousands of maintenance calls each year—most of them plumbing-related.Who is Ryno Irwin?Ryno Irwin is a visionary leader and entrepreneur with deep roots in Hawaiʻi. Launching his first construction business back in 2006, he has consistently grown companies centered on innovation, opportunity, and making a lasting impact across the islands. Today, as Owner and CEO of Hawaii Unified Industries, Ryno focuses on sustainable growth, job creation, and delivering local benefits. Under his leadership, Hawaii Unified has grown to over 100 employees and played a major role in bringing 20 MW of solar installations to Hawaiʻi as a contractor partner for Powur PBC.Co‑founder of Go Local Powur, Ryno Irwin now steers one of Hawaiʻi's leading solar energy platforms. Based in Waianae and locally owned, Go Local Powur offers end-to-end solar solutions—designing, installing, and maintaining systems for both homes and businesses. Backed by expert partnerships (with brands like REC Solar, Q CELLS, Tesla, Enphase, and SolarEdge), the company delivers customized solar and battery storage options rooted in community trust, cultural values, and aloha. Their team of dedicated professionals is committed to making Hawaii's clean energy transition accessible, affordable, and resilient for kamaʻāina across the islands. To reach Ryno Irwin, you may contact him in the following ways:Phone: 808-283-1991Email: ryno@golocalpowur.comWebsite: GoLocalPowur.com

This week on the Team Lally Real Estate Radio Show, we interview Ryno Irwin, Owner and CEO of Hawaii Unified and Co-Founder of Go Local Powur. He unpacks how recent changes in federal tax credits are impacting both residential and commercial solar, why electric bills keep rising, what leasing really means, and how batteries play a role in maximizing solar investments. You also hear the truth about available tax credits, financing options, and how to know when the time is right to make the switch.We also have our Experts We Trust. Jodie Tanga of Pacific Rim Mortgage shares an incredible first-time homebuyer program that offers $5,000 toward closing costs with no interest, no monthly payments, and long-term benefits. Kyle Shimoda of INPAC Wealth provides insights for landlords and property owners sitting on investment real estate, including how 1031 Exchanges and DSTs can help build wealth, and details about an upcoming event for accredited investors. Duke Kimhan of Hawaii Pacific Property Management talks about what sets great property managers apart, why interviewing more than one is essential, and how their team handles tens of thousands of maintenance calls each year—most of them plumbing-related.Who is Ryno Irwin?Ryno Irwin is a visionary leader and entrepreneur with deep roots in Hawaiʻi. Launching his first construction business back in 2006, he has consistently grown companies centered on innovation, opportunity, and making a lasting impact across the islands. Today, as Owner and CEO of Hawaii Unified Industries, Ryno focuses on sustainable growth, job creation, and delivering local benefits. Under his leadership, Hawaii Unified has grown to over 100 employees and played a major role in bringing 20 MW of solar installations to Hawaiʻi as a contractor partner for Powur PBC.Co‑founder of Go Local Powur, Ryno Irwin now steers one of Hawaiʻi's leading solar energy platforms. Based in Waianae and locally owned, Go Local Powur offers end-to-end solar solutions—designing, installing, and maintaining systems for both homes and businesses. Backed by expert partnerships (with brands like REC Solar, Q CELLS, Tesla, Enphase, and SolarEdge), the company delivers customized solar and battery storage options rooted in community trust, cultural values, and aloha. Their team of dedicated professionals is committed to making Hawaii's clean energy transition accessible, affordable, and resilient for kamaʻāina across the islands. To reach Ryno Irwin, you may contact him in the following ways:Phone: 808-283-1991Email: ryno@golocalpowur.comWebsite: GoLocalPowur.com

In this episode of Yachting Unplugged, Kim Sweers—aka The Boat Boss—sits down with Peg Phillips, Executive Director of the National Safe Boating Council, for a no-fluff breakdown of how new laws are reshaping boating as we know it. From the Big Beautiful Bill Act to the Boater Freedom Act, Kim and Peg explore how fresh legislation is affecting boaters across Florida and beyond—including potential tax perks for yacht buyers. Plus, they tackle the hard truths on boating safety, life jacket compliance, and the lesser-known laws like Lucy's Law that every captain and crew should be aware of. Whether you're a yacht owner, deckhand, or marina operator, this episode delivers the updates that matter—and a reminder that boating responsibly isn't just smart, it's now the law. This episode's can't-miss takeaways: ⚖️ What the Big Beautiful Bill Act actually means for you

Send us a textIn this show, the boys discuss a delicate matter: whether the UK is irreparably damaged because the poor are too comfortable to contribute to society as they should.But what do you think?Links used during the show-https://www.nsvrc.org/sites/default/files/2021-04/NISVS_Report2010-a.pdf-https://en.wikipedia.org/wiki/Azov_Brigade-https://www.economicsonline.co.uk/definitions/trickle-down-economics-why-it-only-works-in-theory.html/-https://railway-news.com/worlds-fastest-high-speed-train-unveiled-in-china/-https://en.wikipedia.org/wiki/High-speed_rail_in_the_United_KingdomWhat are your thoughts on this subject? Do you agree or disagree? And are there other things you feel they should have covered?Tune in and listen to the discussion, and please let us have your feedback.Although we much prefer effusive praise

Check out our Website!https://singularagronomics.comCheck out our full product line here!https://singularagronomics.com/products/Are you interested in any of our line of products, or want to learn more? Follow the link below to find a dealer closest to you!https://singularagronomics.com/contact/Check out our Quarterly Newsletter:https://singularagronomics.com/newsletter/Blog:https://singularagronomics.com/blog/Want to become a Distributor? Email Us: info@singularagros.comCheck us out on Social Media!Instagram: https://www.instagram.com/singular_agronomics/Facebook: https://www.facebook.com/profile.php?id=100093693453465

On this episode of The Liquidity Event, AJ and Shane are finally reunited, and they cover everything from Missouri's wild proposal to eliminate capital gains tax to why the return-to-office push might be hurting women more than expected. Plus, Greece's crumbling infrastructure, sky-high babysitting rates, revoked science grants, and how to track down your long-lost 401(k). Oh… and of course, a little pasta talk. Key Timestamps: (00:00) Introductions (02:37) Where in the world has Shane been? (05:21) Greece's crumbling infrastructure and economy (09:51) AJ's childhood neighbor has a fascinating way of cooking chicken (11:00) A new bill in Missouri could eliminate capital gains altogether (16:00) Why women are struggling with returning to work in the office (hint, they're not) (20:37) Babysitters make HOW much money in 2025? (21:13) Is New York the place for you? (Go read AJ's Substack, Money Changes Everything, to get the low down) (24:10) Capitol Hill Science fair - Grants get revoked (29:05) Check the lost and found for your old 401(k)   Want to know more about the One Big Beautiful BillTax and how it will affect you, register here for our webinar on July 23. We'll explain everything you need to know.   

Ireland has withdrawn all the money from escrow, over a decade since the EU started investigating Apple. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What if you could keep 20% more of your business income—legally? In this episode, we dive into one of the biggest tax strategies for 2025: the Qualified Business Income (QBI) deduction. Thanks to the new One Big Beautiful Bill, this powerful tax break is now permanent—and even more generous than before. We'll explain who qualifies, how much you can save, and the smart moves you need to make to get the most from it. Whether you're a solo entrepreneur, service provider, or running a growing business, this episode will help you avoid costly mistakes and show you how to pay less to the IRS. If you're serious about building wealth and growing your business, you can't afford to skip this one.   Next Steps:

Apple's €14.3 billion Irish tax break case is officially over, Laid off Candy Crush studio staff reportedly replaced by the AI tools they helped build, and Xbox's 'Stream your own game' feature now extends to PC. It's Wednesday, July 16th and here's a quick look at tech in the news this morning from Engadget. Learn more about your ad choices. Visit podcastchoices.com/adchoices

   On a day www.fox4kc.com reports that if the Royals leave it will be Mayor Q's fault, we learn that Frank White has blown it again for Jackson County.  If/when the Royals and Chiefs leave the sports complex, it will definitely be more of a Frank White problem than the mayor.  In a recent letter to the governor, White offers to cut off the Royals completely AND lower the money the Chiefs get from a 3/8 cent sales tax.   Between he two of them, it has to be over in Jackson County.    I met a friend yesterday, not a conservative, and we had a chatty waiter.  What happened when the waiter asked what I do for a living was an eye opening moment for the young man, if only he wanted to open his eyes.  I was literally talking to two people that will save $16,800 between them in federal taxes next year and don't believe it's true.    The Kansas economy is ranked third to the bottom of states in the country, the first lady is helping Trump with his Russia policy and Lambert Field in St. Louis had a waiting line out the door almost to I-70 yesterday.   In sports, the Big Dumper wins the home run derby, the Royals have the easiest schedule in the league the rest of the way and Fox Sports 1 fires almost everybody.  Then, our Final Final is buyer beware if you're trying to become an extra on the set of Ted Lasso filming in KC.

Marc and former State Senator John Lamping analyze recent Missouri legislation signed by Governor Kehoe, focusing on the economic and political impacts. They discuss the contentious stadium funding bill benefiting the Kansas City Chiefs and Royals, highlighting how the St. Louis Cardinals stand to gain hundreds of millions for stadium upgrades despite sitting out the negotiations. Lamping shares his candid view on the Chiefs and Royals potentially moving to Kansas and expresses indifference toward the Royals. They also cover Kehoe's surprising mix of consensus-driven politics—supporting both school choice and increased public school funding—and recent laws such as the K-12 cell phone ban and free in-state college tuition for first responders' kids. The conversation critiques government expansion masked as incentives, stresses the importance of property rights, and warns of looming fiscal constraints due to Medicaid funding changes. The segment closes with a nod to Ethan's contribution to the show's new intro music.

President Trump's newly signed "One Big Beautiful Bill Act" has made the 2017 Tax Cuts and Jobs Act provisions permanent, creating massive opportunities for real estate investors to reduce their tax burden and potentially save thousands of dollars on their 2025 returns. On this episode of On The Market, host Dave Meyer and CPA Brandon Hall break down the most significant tax code changes included in the new legislation. They'll touch on the permanent extension of 100% bonus depreciation, the increased SALT deduction cap and QBI deduction for pass-through entities. With housing prices remaining elevated and mortgage rates still impacting affordability, these permanent tax advantages could be the key to maintaining profitability and cash flow in today's changing real estate market. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder  Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/on-the-market-337 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Big tax wins for commercial real estate investors just landed.In this episode of Commercial Real Estate Now, Karly Iacono breaks down exactly how The One Big Beautiful Bill reshapes your tax strategy:✔️ 100% Bonus Depreciation returns through 2029✔️ 1031 Like-Kind Exchanges fully preserved✔️ Qualified Business Income Deduction made permanent✔️ New Qualified Opportunity Zones open up tax deferral + forgiveness✔️ Green Energy Incentives expanded✔️ Carried Interest loophole stays aliveShe'll explain how to use cost segregation, Opportunity Funds, and green improvements to boost your deductions, protect cash flow, and grow wealth — but these windows close fast.

Matt is joined by Joe Chianese of Entertainment Partners to unpack the new California tax bill, which will significantly expand the state's film and TV tax incentive, making California one of the most competitive states in the country for film and TV production. Joe helps us dig into the bill, what it actually means for film and TV productions, who benefits the most, who doesn't, why this bill finally passed now, and whether this will spark a return to power for California in the film and TV production space (02:51). Matt finishes the show with an opening weekend box office prediction for ‘Superman' (25:27). For a 20 percent discount on Matt's Hollywood insider newsletter, ‘What I'm Hearing ...,' ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠thetown@spotify.com⁠⁠⁠⁠ Host: Matt BelloniGuest: Joe Chianese Producers: Craig Horlbeck and Jessie LopezTheme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

PREVIEW: Colleague Liz Peek observes that Elon Musk demands a contraction of lower government spending and more handout tax breaks to EV owners. More. 1961

This week, Mark and Shani take a look at a quirk to one of the most generous tax concessions that we have in Australia, the CGT exemption for your home. The CGT exemption also allows for you to rent out your property for a number of years, and still claim the CGT-exempt status. We take a deep dive into the tax policy, the circumstances that it suits and the situations to avoid that would make homeowners pay more tax than they need to. You can read the full article here.You can find more examples of the policy on the ATO website.To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Additional resources from our episodes are available via our website.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

Governor Phil Murphy has signed legislation designed to position New Jersey as a hub for film and television production. The new law expands tax incentives to attract studios and production companies, with the goal of competing directly with Hollywood. WNYC's Mike Hayes explains what this could mean for New Jersey's entertainment industry.

New Jersey is making a bold comeback as a top film destination, with massive studio investments from Netflix, Lionsgate, and more. The PBD Podcast explores the state's economic incentives, the return to its cinematic roots, and what this shift means for Hollywood's future.

7.1.2025 #RolandMartinUnfiltered: Senate Passes Trump’s Mega Spending Plan: Medicaid Cuts, Deportations & Wealthy Tax Breaks The Senate has passed Trump's sweeping tax and spending plan, and the stakes couldn't be higher. We're facing significant cuts to Medicaid and food assistance, massive increases in military spending, and billions more allocated for mass deportations and the border wall. At the same time, the wealthiest Americans benefit from new tax breaks. House Democratic Leader Hakeem Jeffries and Ohio Congresswoman Shontel Brown will be joining us to discuss the bill, the next steps in the fight to protect working families, political strategy, and the way forward. Baltimore Mayor Brandon Scott will provide insight into what these cuts could mean for local governments. DNC Chair Ken Martin will share his thoughts on the bill and outline his plans to rebuild the Democratic Party. #BlackStarNetwork partner: Fanbasehttps://www.startengine.com/offering/fanbase This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular (https://bit.ly/3VDPKjD) and Risks (https://bit.ly/3ZQzHl0) related to this offering before investing. Download the Black Star Network app at http://www.blackstarnetwork.com! We're on iOS, AppleTV, Android, AndroidTV, Roku, FireTV, XBox and SamsungTV. The #BlackStarNetwork is a news reporting platform covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.See omnystudio.com/listener for privacy information.

AP Washington correspondent Sagar Meghani reports on the Senate narrowly passing President Trump's tax breaks and spending cuts package.

This Day in Legal History: Abraham Lincoln Passes First Income TaxOn July 1, 1862, amid the mounting costs of the Civil War, President Abraham Lincoln signed into law the nation's first true federal income tax under the Tax Act of 1862. This legislation imposed a 3% tax on annual incomes over $600 and a 5% tax on incomes exceeding $10,000—significant thresholds at the time. The tax was part of a broader revenue strategy that included an expansion of excise taxes and the creation of the Internal Revenue Office, the predecessor to today's IRS. It marked a pivotal moment in U.S. legal history, as the federal government, for the first time, claimed broad authority to directly tax personal income.Though innovative, compliance with the law was inconsistent, reflecting both limited administrative capacity and public resistance. The tax was designed to be progressive and temporary, aimed solely at funding the Union war effort. After the Civil War, political pressure mounted against its continuation, and public sentiment shifted toward limiting federal power in peacetime.The law remained controversial until it was effectively struck down decades later. In 1895, the Supreme Court ruled in Pollock v. Farmers' Loan & Trust Co. that a similar federal income tax law was unconstitutional, declaring it a "direct tax" not properly apportioned among the states. This decision undermined the legal foundation of the 1862 tax, though it had long since lapsed. It wasn't until the ratification of the 16th Amendment in 1913 that a permanent federal income tax regime was constitutionally authorized.The U.S. Supreme Court recently issued several rulings that significantly reduced federal environmental protections, continuing a broader judicial trend. In one of the most consequential decisions, the Court curtailed the Environmental Protection Agency's (EPA) obligations under the National Environmental Policy Act (NEPA). This 8-0 ruling allows federal agencies to narrow the scope of environmental reviews, excluding indirect and future project impacts, which could expedite infrastructure projects like a proposed crude oil railway in Utah. Justice Brett Kavanaugh emphasized that courts must defer to agency discretion in such matters, reinforcing agency authority but limiting public scrutiny.The Court also restricted EPA powers under the Clean Water Act in a 5-4 decision concerning a wastewater permit for San Francisco. The majority found the EPA's water quality requirements too vague, weakening enforcement capabilities and potentially harming water quality in affected areas. This decision strips the agency of a key tool used to maintain federally regulated waters' safety.Additionally, the justices allowed fuel producers to challenge California's stringent vehicle emissions standards in a 7-2 ruling, broadening legal standing for businesses in environmental litigation. These moves collectively signal a judicial shift favoring regulatory leniency and business interests over expansive environmental oversight.US Supreme Court dealt blows to EPA and environmental protections | ReutersFollowing a recent U.S. Supreme Court ruling that limits nationwide injunctions, two federal judges are expediting legal challenges to President Donald Trump's executive order aimed at restricting birthright citizenship. The order, which takes effect July 27, denies automatic U.S. citizenship to children born on U.S. soil unless at least one parent is a citizen or lawful permanent resident. During hearings in Maryland and New Hampshire, a Department of Justice lawyer confirmed that no deportations of affected children will occur before the order becomes active.Judges Deborah Boardman and Joseph LaPlante demanded written assurances from the government, and plaintiffs in both cases—immigrant rights advocates and pregnant non-citizens—pushed for immediate class-wide relief due to fears surrounding their children's legal status. The Supreme Court's ruling last Friday did not validate Trump's policy but did restrict judges from issuing broad injunctions that halt federal policies for the entire country, unless done through class action lawsuits. Justice Amy Coney Barrett's opinion suggested that class actions remain a viable path to broader judicial relief.Trump's administration argues that the 14th Amendment does not guarantee birthright citizenship, a position rejected by many lower courts. The Maryland judge scheduled a ruling after July 9, while a hearing in the New Hampshire case is set for July 10.Trump lawyer says no immediate deportations under birthright citizenship order, as judges to decide on challenges | ReutersThe Trump administration has appealed a federal judge's decision that struck down an executive order targeting the law firm Perkins Coie, known for its past representation of Hillary Clinton and Democratic interests. The appeal, filed with the U.S. Court of Appeals for the D.C. Circuit, follows a May ruling by Judge Beryl Howell that permanently blocked the order, which aimed to bar Perkins Coie's clients from federal contracts and restrict the firm's attorneys from accessing federal buildings.Judge Howell condemned the order as an abuse of presidential power meant to punish political adversaries, stating that using government authority to settle personal scores is not a lawful use of executive power. Similar executive orders against three other law firms—WilmerHale, Jenner & Block, and Susman Godfrey—were also struck down by different judges in Washington. The Justice Department has not yet appealed those rulings.Perkins Coie, along with the other firms, argued that the orders violated constitutional rights, including free speech, and were designed to intimidate attorneys from representing clients disfavored by Trump. The firm expressed confidence in presenting its case to the appeals court. Meanwhile, nine other firms have reportedly settled with the administration, offering nearly $1 billion in pro bono work and other terms to avoid being targeted.Trump administration appeals blocking of executive order against law firm Perkins Coie | ReutersMy column for Bloomberg this week argues that the explosive growth of tax breaks for data centers—driven by the demands of artificial intelligence—is creating unsustainable losses for state budgets. While these facilities are essential for powering AI models, states are racing to hand out subsidies with little oversight or accountability. I point out that what began as modest tech incentives have ballooned into open-ended giveaways, with Texas' projected tax losses surpassing $1 billion and Virginia now dedicating nearly half of its economic development incentives to data centers.I argue that states should not abandon data center investment but must start demanding more in return. That means linking tax breaks to responsible energy use, such as locating facilities near stranded renewable power or requiring dry cooling and on-site energy storage. These measures would mitigate the strain on local water and power systems, especially since AI data centers use far more energy than traditional ones and often during peak demand hours.The current model rewards scale rather than innovation or job creation, essentially turning data center exemptions into bottomless credits for big tech firms. Many states don't even track the actual cost of these subsidies, creating a feedback loop of growing losses and minimal scrutiny. I call for stronger transparency and for aligning data center growth with public interests—especially as AI infrastructure becomes embedded in state economies. Without intervention, we risk reinforcing outdated, inefficient policy frameworks just as computing becomes more powerful and energy-intensive.AI Boom Should Prompt States to Rein in Data Center Tax Losses 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

President Donald Trump's massive budget legislation, dubbed the “Big Beautiful Bill,” would cut income for the poorest Americans while increasing tax savings for high earners, according to new analysis by Yale's Budget Lab. Cuts would phase in by 2026, with deep impacts on Medicaid and SNAP programs. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices

AP's Lisa Dwyer reports that Senate debate continues on the President's tax bill.

AP correspondent Donna Warder reports on a dramatic late-night session in the Senate.

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Over decades of compulsory contributions, Australians have amassed $4 trillion in retirement savings. But behind this headline success lies a range of unresolved policy problems. The promise was a more comfortable retirement. The reality is a taxpayer-subsidised inheritance scheme. Listen to our CEO Aruna Sathanapally in conversation with Grattan's superannuation policy experts, Brendan Coates and Joey Moloney, as they critique a system that needs reform. For more information, visit: https://grattan.edu.au/

The US makes up 80% of the entire world's biomedical research. Donald Trump's slashing of NIH funding is setting the country on track for a "lost generation of scientists." The amount of money being taken from cancer research alone, is 18x smaller than the proposed tax breaks for the top .001% in Trump's budget bill. Ali Velshi explains. 

Exploring “The One, Big, Beautiful Bill” and its proposed changes to HSAs.

On today's Top News in 10, we cover: Israel is preparing for a possible strike on Iran's nuclear sites as the entire Middle East is on full alert. A major item in the Big Beautiful Bill garners rare praise from both fiscal hawks and the populists on the Right. Riots against ICE now extend to Chicago, Atlanta, Philadelphia, and other major U.S. cities—except those in Florida. The full interview with David McIntosh: https://youtube.com/live/o6_u-UK4v0E Subscribe to The Tony Kinnett Cast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/the-tony-kinnett-cast/id1714879044⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Don't forget our other shows: Virginia Allen's Problematic Women:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.dailysignal.com/problematic-women⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Bradley Devlin's The Signal Sitdown:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.dailysignal.com/the-signal-sitdown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Follow The Daily Signal:  X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://x.com/DailySignal⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Instagram:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.instagram.com/thedailysignal/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Facebook:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.facebook.com/TheDailySignalNews/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Truth Social:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://truthsocial.com/@DailySignal⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  YouTube:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.youtube.com/user/DailySignal⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Rumble:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://rumble.com/c/TheDailySignal⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠    Thanks for making The Daily Signal Podcast your trusted source for the day's top news. Subscribe on your favorite podcast platform and never miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's Top News in 10, we cover: Israel is preparing for a possible strike on Iran's nuclear sites as the entire Middle East is on full alert. A major item in the Big Beautiful Bill garners rare praise from both fiscal hawks and the populists on the Right. Riots against ICE now extend to […]

A powerful tax strategy is back in motion and it could mean major savings for real estate investors. In this quick but informative episode, Ron Phillips shares why 100% bonus depreciation is potentially a game-changer for real estate investors.Whether you're a full-time real estate professional or a passive investor, this episode will help you  understand how to leverage this strategy to unlock significant financial advantages while also helping you prepare, take action, and stay ahead as this legislation moves forward. WHAT YOU'LL LEARN FROM THIS EPISODE   What bonus depreciation is and how it works for real estate Differentiating bonus depreciation from straight-line depreciation and why it matters How cost segregation accelerates depreciation and pairs with bonus depreciation The impact of bonus depreciation on real estate professionals Ways passive investors can use bonus depreciation to offset other passive income   CONNECT WITH US: If you need help with anything in real estate, please email invest@rpcinvest.com  Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success Facebook Group: Cash Flow Property Facebook Community Instagram: @ronphillips_ YouTube: RpCapital Get the latest trends and insights: RP Capital Newsletter  

Are you sure your business isn't leaving FREE MONEY on the table? What if there are overlooked tax breaks, incentives, and strategic advantages that could save you thousands, or even help fund your next big move? This episode uncovers exactly that. Meet Gary Marx, an economic development veteran with over 35 years of experience. He's seen it all, from working inside state government to now advising companies (just like yours!) on how to navigate the complex world of incentives and smart site selection with his firm, Blue Cap Economic Advisors. In this eye-opening episode of Let's Talk Business, Meny Hoffman gets Gary to pull back the curtain on how businesses of all sizes can unlock significant financial benefits and make game-changing strategic decisions often hidden in plain sight. You'll discover:

Cleveland Mayor Justin Bibb's driver finally facing justice for his crash Learn more about your ad choices. Visit megaphone.fm/adchoices

If you like You Must Remember This, you might also enjoy Cautionary Tales with Tim Harford, a podcast about stories of historic human error, catastrophes, and heists, and the lessons we can learn from such mishaps. In this episode of Cautionary Tales, Tim examines what happens when the bright lights of Hollywood collide with the far less glamorous world of tax evasion. When Ernest Borgnine was cast as the lead in the 1955 romantic drama, Marty, he thought it was his big break. But he soon discovered Marty was not exactly a dream gig. Listen to Cautionary Tales every Friday wherever you get your podcasts. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

USA TODAY Senior Congress Reporter Riley Beggin takes a closer look at President Donald Trump's House-approved tax bill.The Trump administration says Harvard can no longer enroll international students.Oklahoma will require schools to teach President Trump's 2020 election conspiracy theories.USA TODAY Supreme Court Correspondent Maureen Groppe breaks down a divided court decision to block the creation of the nation's first religious charter school.Health Secretary Robert F. Kennedy Jr. blames ultra-processed foods, environmental chemicals, “overmedicalization” and more for driving chronic diseases in U.S. children, according to a commission report.NOAA predicts a 60% chance of an above average hurricane season.Let us know what you think of this episode by sending an email to podcasts@usatoday.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With Trump's second major tax bill clearing committee and heading to the House floor—packed, as promised, with massive giveaways to the ultra-wealthy—we're revisiting our timely conversation with Samantha Jacoby of the Center on Budget and Policy Priorities. Originally recorded before Trump's reelection, this episode breaks down the real impact of the tax bill that Trump signed into law back in 2017: trillions added to the deficit, corporations and billionaires cashing in, and working families left behind. Spoiler alert: the rich get richer, and everybody else gets screwed. As Congress considers doubling down on the same failed policies, this conversation couldn't be more relevant. Samantha Jacoby is the Deputy Director of Federal Tax Policy with the Center's Federal Fiscal Policy division. Samantha focuses on U.S. federal income tax issues, including corporate and business taxation, individual income taxation, and climate tax policy. ⁠This episode originally aired March 19, 2024.⁠ Social Media: ⁠@centeronbudget.bsky.social⁠ ⁠@jacsamoby⁠ ⁠@CenterOnBudget⁠ Further reading:  ⁠Ten Questions on House Republicans' Upcoming Tax Bill⁠ ⁠The 2017 Trump Tax Law Was Skewed to the Rich, Expensive, and Failed to Deliver on Its Promises⁠ Website: ⁠http://pitchforkeconomics.com⁠ Instagram: ⁠@pitchforkeconomics⁠ Threads: ⁠pitchforkeconomics⁠ Bluesky: ⁠@pitchforkeconomics.bsky.social⁠ Twitter: ⁠@PitchforkEcon⁠, ⁠@NickHanauer⁠, ⁠@civicaction⁠ YouTube: ⁠@pitchforkeconomics⁠ LinkedIn: ⁠Pitchfork Economics⁠ Substack: ⁠The Pitch⁠

Applying this late in the cycle shows desperation. And schools love to charge full price for desperation. There are two rules every applicant should follow. Apply early. Apply broadly. Neither of those things can happen at this point in the cycle. Instead, students should focus on getting the best LSAT score possible and apply at the beginning of the next cycle. Ben and Nate discuss an article revealing how top universities fund tax-free faculty perks. They then move to law school strategy, urging applicants to prioritize career outcomes and apply broadly. They recommend retaking the LSAT to take advantage of score variance and stress the importance of mastering each argument. Finally, they caution against misleading AI advice, encourage persistence during tough study periods, and advise applying only when your LSAT score makes you competitive.Study with our Free PlanDownload our iOS appWatch Episode 507 on YouTube0:30 – Tax Breaks for Professors - A Wall Street Journal op-ed by a UC Berkeley law professor highlights generous, tax-free perks that top universities offer faculty—housing, private K–12 tuition, and college tuition at other schools. These benefits boost professor compensation while keeping base salaries modest. Schools use tuition and student loan funds to cover these perks. The takeaway: your tuition may fund more than just education. The proposed solution is to end these tax exemptions.22:30 – Should I Walk Away from a Full Ride? - Benjamin wants to know if it's worth taking a full ride at a low-ranked school. Ben and Nathan ask, can a JD from that school get you the job in the practice area you want, in the location you want it, at the firm you want? Talk to alumni and firms to see if they are hiring from this school. Check ABA reports to learn about employment outcomes. Apply broadly, and if your scholarship is conditional, be ready to walk if it's lost.33:54 – Get to 175Faith misses one or two questions per section, scoring near 175 in practice. Nate and Ben recommend using all her attempts to benefit from test-day variance. To achieve an official 175, Ben and Nate encourage Faith to stop trying to finish the section, slow down, and focus on understanding more of what they're reading. 39:07 – Bad AI Advice - Beware of AI-generated content with false or misleading law school advice. One article even published verifiably false information about Stanford. Always verify what you read.46:27 – Overcoming Roadblocks - Rachel spent 10 minutes stuck on a question. Nate and Ben see this as a positive—persistence shows strong reasoning ability. Reflect on what you learned from the process.51:00 – Apply Now or Wait? - Nick is shooting to start law school in Fall 2025. Ben and Nate warn that is a recipe for failure. Applying next cycle is possible if your LSAT is high enough to get the offers you want.1:01:43 – What to Do When You Don't Know a Word - If you don't know a word, try solving the question without looking it up. Ben suggests coming up with two meanings and using context to decide. Nathan suggests substituting “something” to test the sentence's meaning.1:18:54 - Word of the Week - Escrow - “We're updating our terminology to make things clearer, based upon valuable feedback from customers like you. In the coming days, we will be updating the term from “escrow” to “project funds” across the Upwork platform, while maintaining the same trusted functionality.”

Episode 4416: Engaging In Economic War With The CCP; No More Tax Breaks To Sell Out Our Country