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Chairman Jason Smith of the House Ways and Means Committee joins the Try That In A Small Town podcast from CMA Fest in Nashville. He breaks down what the powerful Ways and Means Committee actually does and how it touches every American's life through taxes, trade, Social Security, Medicare, and more. Jason opens up about his small-town Missouri roots, being a fourth-generation farmer, raising white buffalo, and why he still lives in the same rural community he represents. He explains how he took the Ways and Means Committee on the road to 32 states to listen to working families, small businesses, and farmers before writing what he calls the “Big Beautiful Bill” – the largest tax cut in U.S. history, including no tax on tips and overtime. The conversation gets candid on Social Security's future, election integrity and slow vote counts in places like California, and what happens when people lose trust in the system. Jason also shares behind-the-scenes stories of working closely with President Trump – from grilling him for three hours on every line of a 103-title tax bill in the Oval Office to the now-famous “red button” that just orders Diet Coke. Along the way, they talk CMA Fest, Jason's obsession with Reba, the Chiefs, Mahomes vs. Brady, cleaning up Washington, D.C., and why he believes the founding fathers' values are really small-town values. Jason closes with a powerful story of a single mom whose $10,000 tax refund changed her life – and why that's why he still fights for small towns and working families. Timed highlights 2:00 Who is Chairman Jason Smith and what is the Ways and Means Committee? 5:13 CMA Fest, first concerts, and Jason's country music roots 7:11 The Ozarks, one of America's poorest districts, and small-town values 8:14 Reba superfan stories and being starstruck in DC 10:02 How the guys first met Jason at the South Dakota Governor's Hunt 11:49 Nashville's Bluebird Café, songwriting, and music in DC 13:06 Jason's priorities: working families, small businesses, and farmers 14:19 White buffalo, donkeys named Bill, Hillary, Chelsea, and Hunter 15:29 Growing up poor in a trailer, farm life, and why that shapes his politics 19:15 Taking Ways and Means to 32 states and writing the “Big Beautiful Bill” 20:20 No tax on tips, no tax on overtime, and tax ideas from real Americans 22:06 Social Security history, FDR, and why both parties will keep it 23:35 Will Social Security ever go away? Jason's answer and insolvency warning 26:49 How Jason became the youngest Ways and Means chair since before the Civil War 29:01 Inside the steering committee and what it takes to win the gavel 32:31 Life on call with President Trump and 5:30 a.m. texts 33:00 Three-hour Oval Office grilling on the “Big Beautiful Bill” 35:07 The Diet Coke button story and a handwritten note after Jason's dad passed 37:34 Elections, slow vote counts in California, and voter trust 40:31 Why “every vote counts”: Jason's one-vote victory story 43:03 Chiefs fandom, Mahomes vs. Brady, and elite QB mindset 48:19 How Trump cleaned up Washington, D.C. and made it feel safe again 51:39 What do you buy a president for Christmas and Trump's generosity with guests 52:14 Jason presents a Congressional Record honoring “Try That In A Small Town” 54:57 Why the song struck a nerve in small-town America 56:24 The waitress, a $10,000 refund, and how tax policy changes real lives 59:19 Jason's schedule, gym routine, and juggling DC with life back on the farm 1:01:21 Final thoughts on serving small towns and inviting listeners to DC ______________________________________________________________________________________________SPONSORS: The Try That in a Small Town Podcast is powered by e|spaces!Redefining Coworking - Exceptional Office Space for Every BusinessBook a tour today at espaces.comFrom the Patriot Mobile studios:Don't get fooled by other cellular providers pretending to share your values or have the same coverage. They don't and they can't!Go to PATRIOTMOBILE.COM/SMALLTOWN or call 972-PATRIOTRight now, get a FREE MONTH when you use the offer code SMALLTOWN.Original Brands - Our original sponsor since the beginning!!Original brands is starting a new era and American domestic premium beer, American made, American owned, Original glory.Join the movement at www.drinkoriginalbrands.comPeacemaker Coffee CompanyFounded by retired police officer/chief Chris Morris, Peacemaker delivers clean, low-acidity coffee while supporting police, firefighters, EMS, military, veterans, teachers, dispatchers, and medical personnel through donations and programs.https://www.peacemakercoffeecompany.com/________________________________________________________________________________________________Follow/Rate/Share at www.trythatinasmalltown.com -For advertising inquiries, email info@trythatinasmalltown.comProduced by Jim McCarthy and www.ItsYourShow.coSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Some conservatives are sounding more like the left on economics.Tariffs. Industrial policy. Government-directed investment. Picking winners and losers. These policies are increasingly being promoted as solutions to America's affordability challenges, but do they actually help families prosper?In Episode 201 of the Let People Prosper Show, I sit down with Marc Short, Chairman of Advancing American Freedom, former Chief of Staff to Vice President Mike Pence, and one of the key architects of the Tax Cuts and Jobs Act.We discuss the future of conservative economics, why affordability has become the defining political issue, the legacy of the Tax Cuts and Jobs Act, and whether tariffs and industrial policy help or hurt economic growth and opportunity.✅ The future of conservative economics✅ The Tax Cuts and Jobs Act and its legacy✅ Why affordability matters politically✅ Tariffs and trade policy✅ Economic growth and worker prosperity✅ The New Right versus free-market economicsIf you enjoyed this conversation, please like, subscribe, and share it with others.
1. Tax Cuts 97% of tax filers received a tax cut Total relief: $82 billion Average savings: $100k–$200k earners → ~$1,250 $50k–$100k earners → ~$815 Policy features emphasized: No tax on tips No tax on overtime No tax on Social Security Expanded standard deduction 2. Media and Political Criticism The media is ignoring or hiding the benefits of the tax cuts Democrats are accused of: Misrepresenting the bill as benefiting only the wealthy Opposing policies that help workers Increase GDP: +1.2% to +1.5% projected growth over several years Put more money into households Stimulate economic activity 3. Manufacturing & Shipbuilding Segment $24+ billion investment in the Coast Guard Building Arctic icebreakers Competing with Russia and China in the Arctic Creation of: 2,000+ jobs in Texas Additional indirect jobs Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
Show-Me Institute Audio Briefs features audio versions of select articles, commentary, and publications from the Show-Me Institute. Learn more at showmeinstitute.org: https://showmeinstitute.org/article/corporate-welfare/data-centers-can-bring-their-own-tax-cuts/ Produced by Show-Me Opportunity This episode was produced using AI-generated narration.
Ryan and Dana discuss listener reactions to Governor Ron DeSantis' property tax cut proposal, including opinions on potential savings, concerns about local funding, and debate over how the plan would work.See omnystudio.com/listener for privacy information.
Ryan, Dana, and Chris Trenkmann discuss local government reaction to Governor Ron DeSantis' property tax cut proposal, including Dunedin considering a fire fee and concerns that St. Petersburg could lose $75 million from expanded homestead tax breaks.See omnystudio.com/listener for privacy information.
Ryan talks to Politico Florida Reporter Gary Fineout about state lawmakers preparing for a budget vote, including funding tied to the Rays stadium project, security costs for Governor Ron DeSantis, and reaction to the governor's property tax cut proposal and possible budget reductions.See omnystudio.com/listener for privacy information.
Nightlife News Breakdown with Philip Clark, joined by John Black of political profiling firm Australian Development Strategies, with the latest news and issues.
Nightlife News Breakdown with Philip Clark, joined by Jack Quail, political reporter for The Australian in their Parliament House bureau in Canberra.
President Trump Endorses in Kansas Governor's Race, While Missouri Prepares for Income Tax Cuts in August? | 5-26-26See omnystudio.com/listener for privacy information.
May 26, 2026 ~ Chris and Lloyd speak with Matt Hall, Speaker of the Michigan House of Representatives, about the House's approval of a $5 billion property tax cut passed without identified replacement revenue. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
The brothers discuss Drake new album, the continuing war in Iran, Trumps slush fund, and the playoffs. Buff asks who is our favorite sports figures of today and Razi wants to know is positionless basketball hurting the game of basketball. Chapters00:00 Drake's New Albums: A Mixed Reception08:17 Boycotting the SEC: A Call to Action13:30 The Impact of College Sports on Social Issues21:41 Comedy, Sensitivity, and the Fine Line23:38 Current Events: War and National Debt25:08 Understanding the National Deficit and Debt28:22 The Impact of Tax Cuts on National Debt29:33 Budget Allocation and Military Spending31:05 Media Manipulation and War Reporting32:59 The Evolution of News Trustworthiness34:19 Favorite Athletes and Their Impact39:14 The Rise of Wimby and Modern Basketball46:51 The Future of Basketball and Player Development48:41 Carving Out Legacies in Sports50:18 The Impact of Race in Sports Media51:24 The Evolution of Boxing and Tennis52:36 The Rise of Positionless Basketball01:03:57 Reflections on Politics and Society
We ask what the latest government cost of living measures mean for farmers.How a Fenland farmer must decide whether to keep on his struggling family farm.We've been talking flowers all week: the cut flower market in the UK is worth around £2.2 billion but the bulk of flowers sold in supermarkets and florists don't come from British farms.The BBC Food & Farming Awards are back and this year we're teaming up again with the Archers for the ‘Archers and Farming Today Farming for the Future Award'. We're looking for those people or organisations who are models for how farming can be more resilient and sustainable. You can nominate by going to bbc.co.uk/foodawards - entries close at midday on the 15th of June. Presented by Caz Graham and produced by Beatrice Fenton.
Today, the chancellor Rachel Reeves has announced a series of measures aimed at reducing the costs for families in the summer holidays. Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said. The government didn't however announce any major package of support aimed at energy costs. On Thursday it was also revealed that UK migration had dropped to 171,00 almost half of 2024's figure. Adam, Chris, Joe Pike and Helen Miller from the Institute for Fiscal Studies discuss. You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscordGet in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.New episodes are released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Jack Maclaren with Shiler Mahmoudi. The social producer was Jem Westgate. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
Chief Digna Abello made history as the first female Fire Chief of Miami Beach Fire, but her journey was anything but paved. From stepping into a traditionally male dominated profession to becoming a trailblazer in one of the most diverse and dynamic cities in the country, her leadership has been shaped by resilience, humility, and a deep commitment to her people. Leading in a true melting pot like Miami Beach requires constant adaptability, awareness, and an open mindset to serve a global community. In this episode of The Chief Exchange, Chief Abello opens up about the realities of leadership that most people never see. We discuss what it means to be the number one advocate for your firefighters, why safety is an investment and not an expense, and how departments must evolve while still honoring tradition. She shares how Miami Beach attracts firefighters because of its diversity and culture, what it is like leading through financial uncertainty and potential tax cuts in Florida, and the importance of understanding the human dynamic behind every decision you make. From lessons she wishes she knew earlier in her career to the importance of staying grounded in your why as you rise through the ranks, this conversation is about leadership, perspective, and taking care of the people who take care of everyone else.
Lawmakers debate the "Mass Wins Act" containing tech and business investments, amid tight deadlines, assessing consequences of a decreased income tax and state budget talks.
Please donate to the show!This week, Incorruptible Mass examines the campaign to lower state taxes that you've probably already heard about. We'll have a conversation with SEIU State Council Executive Director Harris Gruman about what the plan entails, what's hidden, and what would be so damaging to our state.You're listening to Incorruptible Mass. Our goal is to help people transform state politics: we investigate why it's so broken, imagine what we could have here in MA if we fixed it, and report on how you can get involved.To stay informed:Subscribe to our YouTube channel at https://www.youtube.com/@theincorruptibles6939Subscribe to the podcast at https://incorruptible-mass.buzzsprout.com/Sign up to get updates at http://ww12.incorruptiblemass.org/podcast?usid=18&utid=30927978072Donate to the show at https://secure.actblue.com/donate/impodcast
The Treasurer Jim Chalmers has delivered his 2026 budget, unveiling a new tax cut and some of the most significant tax changes in decades. Delivered as war impacts the economy, it's being sold as a budget that addresses the growing inequality between generations, with the treasurer declaring Labor is on the hard road of reform. But will changes to taxes on property investors and family trusts really level the playing field?The ABC's chief business correspondent Ian Verrender joins Sam Hawley in the budget lock-up in Sydney. Featured: Ian Verrender, ABC Chief Business Correspondent
Reporting from Parliament House in Canberra, The Quicky's Taylah Strano is bringing you 2026–27 Budget For Basic B*tches. Last night the Federal Budget officially dropped and Treasurer Jim Chalmers says it is Australia's most important and ambitious budget in decades. But if the mention of capital gains tax makes you want to stare blankly at a cube cheese platter, don't worry, we’ve translated the jargon into Basic B*tch English.
Jon Herold comes in Monday on a slow news day and makes it work. Today is apparently the last possible day to charge Anthony Fauci under the standard statute of limitations, and Jon marks the occasion with the appropriate level of fanfare before explaining why the grand conspiracy angle might make the whole conversation moot. Trump announced a temporary suspension of the federal gas tax, and Jon immediately asks the obvious follow-up: once you take it away, how do you put it back? The Trump-Xi summit is set for Thursday and Friday this week, with a delegation that reads like a Forbes 400 reunion, and Iran is calling the current ceasefire proposal unacceptable while Trump calls it a very stupid response. Jon also dismisses the hantavirus hysteria in under sixty seconds, connects Hakim Jeffries calling for Supreme Court age limits directly to the Virginia redistricting loss, and reads a Trump Truth Social post tying Fox News to election failures that Jon has been saying for years. The second half of the show turns into an open chat discussion on election reform, redistricting, money in politics, and Jon's genuinely interesting draft lottery idea for congressional representatives.
Law enforcement officers are on scene of a residence in Menasha. See omnystudio.com/listener for privacy information.
Take 2: Utah's Legislature with Heidi Hatch, Greg Hughes and Jim Dabakis
Host: Heidi Hatch Guests: Marua Carabello, Rep. Cal Roberts BREAKING: Utah Supreme Court Justice Diana Hagen resigns amid conflict-of-interest allegations in Prop 4 case Data Center passes Box Elder Commission vote 3-0 Better Utah calls for investigation into Senate Pres. Stuart Adams after donations to his PAC- but have no proof of wrongdoing Questions over lawmakers benefiting from Data Center How will Utah taxpayers benefit from new Data Center Utah Focus Legislative Session on AI: State Coordination of Regional and Local Economic Development Projects HB 507 What is MIDA and how powerful are they Gas Tax cut kicks in- how will the savings grow over time Rep. Roberts was just appointed chair of the House Government Operations Committee Primary sponsor Housing Bill HB 492 HB492, which recently passed the Utah Legislature, aims to tackle the state's severe housing shortage by directing $100 million in low-interest loans from the Transportation Investment Fund to local governments for critical infrastructure projects. The funding would support essential developments such as water tanks, sewer lift stations, treatment plants, and regional roads—key bottlenecks preventing thousands of already-approved homes from being built. SLC Eva Lopez Chavez out during investigation into accusations of sexual misconduct SLC Mayor asks for 12.5% tax increase Phil Lyman would like 18 debates with Maloy
On this episode of The Tudor Dixon Podcast, Tudor sits down with Kelly Loeffler during National Small Business Week to break down the state of America’s economy, the fight for small businesses, and why the 2026 midterms could shape the future of Main Street. Loeffler discusses inflation, overregulation, energy policy, manufacturing jobs returning to America, Trump-era tax cuts, and how tariffs are reshaping U.S. production. Plus, they dive into the economic impact of state-level green energy mandates, rising taxes, and why small business owners may be the deciding force in the next election. Is America entering a true small business comeback—or is another economic fight just beginning?See omnystudio.com/listener for privacy information.
Please join us at patreon.com/tortoiseshack It's 2026, Gerry Hutch has left his second home of Lanzarote to run as a candidate in the upcoming Dublin Central byelection and Daniel Kinahan is in a Dubai prison cell fighting not to be sent back to Ireland to face justice. Irish sports legend Katie Taylor is looking to book her swansong fight in Croke Park. all the while the Regency shooting hangs like a cloud over everything. It's all a bit surreal. Joining me on the shack to discuss it all is sports journalist Kieran Cunningham. There's no doubt in my mind that if it wasn't for the work of Kieran, Daniel Kinahan's rise and rise in the sport of boxing would have continued and things would be very different. May you live in interesting times. The Tax Cuts podcast is out now here:https://www.patreon.com/posts/tax-cuts-157332004 The Hind Rajab jersey for Dignity for Palestine is available here: https://spicebagmerch.com/
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured Did Americans really get a tax cut — or just a hidden tax hike through tariffs? This breakdown explains how Trump's tariff policies may have wiped out the savings from his “Big Beautiful Bill,” according to data from the Congressional Budget Office, the Federal Reserve Bank of New York, and the Joint Committee on Taxation. From consumer prices to corporate costs, Chris dives into the math behind tariffs, taxes, and why history shows voters rarely reward tariff-heavy economic policies.
Twelve official definitions for R&D. Zero agreement. The US government publishes at least a dozen distinct official definitions across agencies, accounting standards, tax authorities, and international bodies. Not one agrees with the others on where research ends and development begins. Trillions of dollars flow through R&D budgets every year. Boards approve them. Investors evaluate them. Governments subsidize them. Analysts benchmark them. And the term at the center of all of it has no settled definition. A company can gut its research investment without triggering a single alarm on its income statement. Researchers who gained rare access to confidential federal R&D data found exactly this: when companies face financial pressure, they cut research while leaving development essentially untouched, and the combined number barely moves. Every benchmark, every board conversation, every investment thesis built around the R&D line may be built on sand. Innovation, ideas made real, requires both. Research is how you find the idea. Development is how you make it real. Strip out the research and you're not innovating, you're iterating on what already exists. Strip out the development and you're just experimenting. The problem is that nobody in the room knows which one they're actually funding, because the definition that would tell them doesn't exist. Someone needs to draw the line. This episode is about why nobody has, and the definition I think should replace the chaos. By the end, I'm going to put that definition in front of you and ask you to push back on it. Not to agree. To tell me where it breaks. How We Got Here Four institutions took a run at defining R&D. Each one got it right for their own purposes. None of them got it right for yours. Frascati: Built for Governments In June 1963, OECD economists met at a villa in Frascati, Italy, south of Rome, and produced what became the international standard for measuring R&D across nations. Now in its seventh edition. The Frascati Manual divides R&D into three tiers: basic research (theoretical work with no application in view), applied research (original investigation toward a specific practical objective), and experimental development (using existing knowledge to produce new products or processes). To qualify, an activity must be novel, creative, uncertain in outcome, systematic, and transferable. Used by governments across roughly 75 countries. Solid for what it was designed to do: let nations compare R&D investment on consistent terms. What Frascati cannot tell you: whether a specific company's spending is creating competitive advantage. It counts the type of activity. It doesn't assess what the activity produces for the organization doing the spending. A company can satisfy every Frascati criterion investigating something every competitor already knows. The knowledge is new to them. That is enough. The accountants drew a different line, for a different reason, with a different consequence. FASB: Built for Accountants In October 1974, the Financial Accounting Standards Board issued Statement No. 2, Accounting for Research and Development Costs, now codified as Topic 730. Every public company filing under US GAAP operates under it. The rule: all R&D costs expensed as incurred. Research, development, basic, applied: one line on the income statement. Their definition: research is a planned search aimed at discovery of new knowledge. Development is the translation of research findings into a plan or design for a new product. The rationale is explicit in the original standard. Future benefits from R&D are, in FASB's language, "at best uncertain." Expense everything immediately. The standard solved the problem it was asked to solve, which was accounting treatment: when to recognize the cost, not whether the cost was strategically sound. The consequence: sustaining engineering, feature maintenance, and incremental product updates all land on the same line as genuine exploratory research. Nobody looking at the income statement from outside can see the difference. The number is technically accurate and analytically opaque. Abraham Briloff, the late accounting professor at Baruch College, put it plainly: "Accounting statements are like bikinis. What they show is interesting, but what they conceal is significant." He was talking about financial reporting broadly. He could have been writing specifically about the R&D line. Researchers at Duke and London Business School spent years tracking corporate scientific output and found that it declined steadily across industries even as headline R&D spending kept rising. The combined number was hiding a substitution. Nobody on the outside could see it. Outside the United States, a different standard governs, and it creates a comparison problem most analysts never account for. IFRS: Built for International Investors IAS 38 governs R&D under IFRS, and its treatment differs from FASB in one significant way. Research costs are always expensed, same as FASB. But development costs can be capitalized as an asset on the balance sheet once a company can demonstrate technical feasibility, intent to complete, ability to use or sell the result, likely future economic benefit, adequate resources, and reliable cost measurement. A European company that capitalizes its development phase carries those costs as an asset: lower expenses in the period, higher total assets. An identical US company expensing everything under FASB takes the full hit immediately: higher expenses, lower assets. Same underlying investment. Incomparable financial pictures. Run the standard industry benchmark, R&D as a percentage of revenue, and you may conclude the US company is investing more aggressively. You may be comparing the same dollar invested under two different accounting regimes. Roughly 169 jurisdictions use IFRS. The United States does not. India uses an adapted version. Japan maintains its own standards board. The benchmark the industry trusts most is meaningless for cross-border comparison, and almost nobody says so. Section 174: Built for Tax Authorities The Internal Revenue Code adds another layer. Section 174 governs the deductibility of what the US tax authority calls "research or experimental expenditures," and the definition is not the same as FASB Topic 730. A company's R&D for tax purposes and its R&D for financial reporting can cover different activities and produce different numbers. The Tax Cuts and Jobs Act of 2017 tightened this further: domestic R&D expenses that were previously deductible immediately now must be amortized over five years, international over fifteen. The definition of what qualifies shifted when the timing rules changed. Within one country, one company, three definitional regimes apply simultaneously: Frascati for any government reporting, FASB for the income statement, and Section 174 for taxes. A single dollar of R&D spending can be classified three different ways depending on who's asking. The Gap None of Them Fill Four frameworks, built by four institutions, for four different purposes. Not one was built for the question that actually matters. Is this investment creating new knowledge that gives us a capability nobody else can easily replicate? The gap between them is where innovation decisions actually live. The National Science Foundation recognized the problem clearly enough that it publishes a separate annotated document just to catalog the competing definitions, because they're too inconsistent to assume any two readers are using the same one. That gap isn't an oversight. It's a structural consequence of four institutions doing their own jobs well. The question practitioners need answered was nobody's institutional job. You've been in the room. The R&D number is on the slide. Nobody asks what's inside it, because the accounting standard doesn't require an answer, and the room has learned not to expect one. So it went unanswered. Until now. A Better Definition for R&D Research is work directed at creating new knowledge where the outcome is genuinely uncertain and the knowledge cannot be readily obtained from existing sources. Development is the translation of that knowledge into products, services, or processes that meaningfully advance an organization's capability in ways competitors cannot easily replicate. Four elements define it: Genuinely uncertain outcome. If you know what you're going to get before the work starts, it's engineering execution, not research. The uncertainty doesn't have to be total. Most applied research has a likely direction. But there has to be real doubt about whether the approach works, whether the knowledge emerges. Cannot be obtained from existing sources. This is the one nobody puts in writing. If the knowledge is already in the literature, available from a consulting engagement, or present in a competitor's published work, finding it again isn't research. Generating new knowledge and capturing existing knowledge are different activities. Only one belongs here. This criterion alone would reclassify a significant portion of what companies currently call R&D. Advances capability competitors cannot easily replicate. Development only qualifies when it translates research into something that genuinely moves the organization forward competitively. Sustaining engineering doesn't pass it. Feature parity doesn't. Competitive catch-up doesn't. All real work, none of it development under this definition. Agnostic to accounting jurisdiction. This definition doesn't tell you how to expense or capitalize anything. That's already governed by whichever standard applies. What it does is establish what genuinely belongs in each category, regardless of where the company files. That makes it usable across FASB and IFRS companies without translation. There is a simpler way to put it. For any project in your R&D budget, ask two questions. First: are we creating new knowledge, or executing against something we already know? If you're executing, it's not research. Second: does this translate into a capability competitors cannot easily replicate? If not, it's not development either. It's product engineering, valuable and necessary, but a different budget category entirely. Three buckets: Research, Development, and Product Engineering. That taxonomy, applied honestly across a typical portfolio, would reclassify a significant share of what most companies are currently reporting as R&D. The Call I'm not asking FASB to rewrite Topic 730. What I am asking: that the people who actually make innovation decisions start applying a definition built for the question they're trying to answer. If you run an R&D function: apply this definition to your current portfolio. Not to change the accounting. To see what's actually in the category and what isn't. The gap between what your budget calls R&D and what this definition calls R&D will tell you something worth knowing. If you sit on a board: ask what portion of the R&D line is directed at new knowledge creation versus sustaining existing products. If no one in the room can answer, you're governing a number you don't understand. And if you think the definition is wrong, tell me. Where should the line be drawn differently? What element doesn't hold? What did I miss? That's not a polite invitation. That's the actual point of this episode. Definitions become standards when enough serious people apply them consistently and make the case until the institutions catch up. The four frameworks we inherited were each built by an institution serving its own purpose. This one is built for the people making the decisions. The most consequential line in any company's budget is the one separating what builds the future from what protects the present. Nobody drew it clearly. It's past time someone did. The idea was never the hard part. It never is. The call is. If this episode shifted something for you, subscribe wherever you listen to podcasts. On YouTube, hit subscribe and the bell so you don't miss the next one. And if you want to go deeper every Monday, Studio Notes is free at philmckinney.com. Until next time. See the pattern. Make the call. The Innovators Studio | philmckinney.com
This White House has shown itself to be a champion of tax cuts, with estimates showing Americans are receiving refunds on several thousand dollars, on average. But as fiscal expert Dr. Anne Bradley warns, tax cuts without longer term reductions in government spending in essence stagnate growth and erase the returns to citizens. Tax cuts alone can't solve the national debt crisis.
This episode was livestreamed on April 26, 2026.
Steve Forbes calls out Democrats for outright calling to impose onerous and destructive taxes on the wealthiest, which won't solve systemic issues and only stifle business and innovation, and calls on Republicans to forcefully back economy-juicing tax cuts. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Strait of Hormuz is fully reopen as of today. Did the Administration get what it wanted out of the effort? Here's discussion of that plus reaction to the tax cuts that brought some thousands, and
From record-breaking tax refunds to rising global tensions, today's episode connects the dots between your wallet and world power. Is America entering a new era of economic strength—and a dangerous geopolitical showdown?
Call-ins fly, whistleblower drama resurfaces, and Tara breaks down why state power—and trust in government—may be collapsing from the inside out.
The Strait of Hormuz is fully reopen as of today. Did the Administration get what it wanted out of the effort? Here's discussion of that plus reaction to the tax cuts that brought some thousands, and
From IRS expansion fears to record-breaking tax refunds, today's conversation dives into the dramatic shift in economic policy and what it means for the middle class. Are Americans finally seeing relief in their wallets—or is there a bigger financial storm brewing behind the scenes?
Your CPA Is Looking in the Rearview MirrorTax preparation records what already happened. Tax planning changes what will happen. Here's the difference — and why it might be costing you tens of thousands of dollars a year.Nobody loves taxes. But the people who hate them the most are usually the ones overpaying. This episode is about closing that gap — using the exact same strategies that high-income earners and savvy business owners have always used, most of which your tax preparer has never once brought up.40%of U.S. households pay zero federal income tax40.4%of all federal taxes paid by the top 1% of earners97%of federal income taxes paid by the top 50% of earners300K+projected CPA shortage in the U.S. over the next decade⏱What's covered in this episode0:00Cold open — why everyone hates taxes (and why you're still listening)2:30What your taxes actually pay for — and the government's "flexible" relationship with efficiency5:00The stats: who actually pays federal income tax in America8:00How tax brackets really work — and busting the biggest myth in personal finance11:30Tax preparation vs. tax planning — the core difference14:00Deductions every business owner should be taking (home office, vehicle, travel)19:00Advanced strategies for high earners: state tax credits, historic preservation22:30Roth vs. pre-tax: paying taxes when rates are lowest25:30The RMD time bomb — and how to defuse it before it goes off1How tax brackets actually workBefore any strategy makes sense, you have to understand the system. The U.S. uses a progressive, marginal tax structure — meaning higher rates only apply to dollars above each threshold. This is the most misunderstood fact in personal finance.The myth that costs people real money"I don't want to earn more — it'll push me into a higher bracket." This is wrong. You cannot take home less money by earning more. The higher rate only applies to the next dollar above the threshold, never to everything below it.Standard deduction — your free pass (2025, married filing jointly)You only pay taxes on income above the standard deduction. For 2025, that's $31,500 for married couples filing jointly. A couple earning $131,500 only pays taxes on $100,000 of it.2025 federal tax brackets — married filing jointlyRateTaxable income rangeTax on this portion10%$0 – $23,850$2,385 max12%$23,850 – $96,950$8,772 max22%$96,950 – $206,700$24,134 max24%$206,700 – $394,600$45,096 max32%$394,600 – $501,050$34,064 max35%$501,050 – $751,600$87,693 max37%Above $751,60037¢ on every dollar aboveWorked exampleA married couple with $150,000 in taxable income pays: $2,385 (10%) + $8,772 (12%) + $11,671 (22%) =$22,828 total. That's an effective rate of 15.2% — not 22%. Their marginal rate is 22%, but that's only on the last dollars earned.2Deductions every business owner should be takingHome office deduction✓Must be used regularly andexclusivelyfor business — the IRS is strict on this✓Two methods: Simplified ($5/sq ft, up to $1,500 max) or Actual Expense — actual almost always wins for homeowners✓W-2 employees: not deductible since 2018's Tax Cuts and Jobs Act — this surprises people constantly✓S-corp owners: have the corporation pay you rent for the space — deductible to the business, potentially tax-free to you✓Hidden risk: depreciation recapture when you sell the home — most preparers never warn clients about thisBusiness use of vehicle✓Standard mileage rate: 70 cents/mile in 2025 — the simplest method, requires a contemporaneous log✓Apps like MileIQ make logging effortless — documentation is the difference between keeping and losing the deduction in an audit✓Heavy SUVs over 6,000 lbs GVWR qualify for Section 179 and Bonus Depreciation — potentially a massive first-year write-offBusiness travel — turning a trip into a deduction✓If the trip's primary purpose is business, transportation is fully deductible — even if you add personal days at the end✓Structure: business meetings at the front of the trip, personal time at the back. Sequence matters — plan before you book.✓Spouse/family travel generally not deductible unless they have a genuine, documented business role✓International trips: if personal days exceed 25% of the trip, transportation costs must be allocated proportionally3Advanced strategies for high earnersState tax credits — the strategy most advisors don't know aboutUnlike deductions (which reduce taxable income), credits reduce your actual tax liability dollar-for-dollar. Many states — including South Carolina and Georgia — offer transferable or refundable credits for affordable housing, historic rehabilitation, film production, and economic development zones.High-income taxpayers can purchase these credits from developers at a discount — buying $1.00 of tax credit for $0.85 creates an immediate 15% return before the tax savings even kick in. This is entirely legal and widely used by high earners who have proactive advisors.Historic preservation & conservation easementsThe Federal Historic Tax Credit (HTC) offers a 20% credit on qualified rehabilitation of certified historic structures. Conservation easements — where a landowner donates development rights to a land trust — can generate substantial charitable deductions.Important distinctionSyndicated conservation easements have been scrutinized by the IRS when promoters inflated valuations. The strategy itself is legitimate — what drew enforcement action were manufactured transactions with 4:1 or 5:1 deduction-to-investment ratios. Due diligence on the appraiser and structure is essential.Other strategies worth knowing✓Qualified Opportunity Zones:defer and potentially eliminate capital gains by reinvesting within 180 days of a sale✓Cash Balance / Defined Benefit Plans:contributions can exceed $200,000/year for high-earning self-employed individuals✓Charitable Remainder Trust (CRT):sell a highly appreciated asset without immediate capital gains, receive an income stream, get a partial charitable deduction✓The Augusta Rule (Section 280A):rent your personal home to your own business for up to 14 days/year — tax-free to you, deductible to the business4Pay taxes when the rate is lowest — Roth vs. pre-taxEvery dollar you earn will be taxed — either on the way in, or on the way out. The only question is when, and at what rate. That's the entire game.The core conceptPre-tax accounts (Traditional IRA, 401k): deduct now, pay taxes on every withdrawal in retirement. Roth: pay taxes now at today's rates, then never pay taxes on that money or its growth again. The math is identical if your rate stays the same — the strategy is about predicting the rate differential.The Roth conversion opportunityYou can convert any amount from a Traditional IRA or 401(k) to Roth in any year — you pay ordinary income tax on the converted amount. The strategy is "filling the bracket" — converting just enough to reach the top of your current bracket without crossing into the next one.A married couple with $150,000 in taxable income has roughly $56,000 of room in the 22% bracket (which runs to $206,700). Converting $56,000 at 22% today could mean avoiding 32%, 35%, or higher rates on those same dollars later.The RMD time bombRequired Minimum Distributions kick in at age 73 — the IRS forces you to withdraw a percentage of your traditional IRA balance every year, whether you need the money or not. On a $2 million IRA, that's potentially $80,000–$100,000+ of forced taxable income annually, often pushing retirees into higher brackets than when they were working.Proactive Roth conversions in the years before RMDs begin can dramatically reduce or eliminate this problem. A preparer sees the RMD on a 1099-R and enters it. A planner sees it coming 15 years out and builds a strategy around it.Key takeaways from this episode01Tax preparation is compliance. Tax planning is strategy. By the time you're sitting with your CPA in February, every decision that affects your return has already been made.0240% of households pay zero federal income tax. If you're a business owner or high earner, the tax code was not designed to protect you — proactive planning is the only protection you have.03Brackets are marginal — you never lose money by earning more. Your effective rate and your marginal rate are different things, and confusing them costs people real money every year.04Home office, vehicle, and travel deductions are available to almost every business owner and are routinely missed due to poor documentation or a purely reactive tax relationship.05State tax credits, historic preservation, opportunity zones, and cash balance plans are legal, proven strategies used by high earners everywhere — they're just unknown to those without proactive advisors.06The Roth conversion strategy is not a one-time decision — it's...
The Strait of Hormuz is fully reopen as of today. Did the Administration get what it wanted out of the effort? Here's discussion of that plus reaction to the tax cuts that brought some thousands, and
AP correspondent Ben Thomas reports President Trump is making a trip to Nevada and Arizona, betting his tax cuts will be enough to win over voters in the midterms.
On this episode, Lisa breaks down the state of the U.S. economy under President Trump’s second term and what it means for workers, businesses, and your wallet. The Heritage Foundation Economist Peter St. Onge joins the show to analyze how tax cuts, deregulation, and tariffs are reshaping growth—and whether it’s working. We dive into rising oil prices, inflation concerns, and why Americans still feel squeezed despite cooling inflation numbers. Plus, a closer look at tariffs as both a negotiating tool and a potential tax on consumers, and whether they’re truly bringing jobs back to the U.S. The conversation also explores the future of artificial intelligence and automation—what jobs are most at risk, where new opportunities could emerge, and how wages may shift in the years ahead. Finally, we unpack the real impact of the latest tax changes, including how the “Big Beautiful Bill” is affecting refunds, small businesses, and long-term economic growth.See omnystudio.com/listener for privacy information.
Trump Accounts seem to be off to a strong start—just in time for Tax Day, European leaders lay post-war plans to police the Strait of Hormuz, and the U.S. Border Czar fires back at the Catholic Church over immigration. Get the facts first with Evening Wire. - - - Ep. 2735 - - - Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 - - - Today's Sponsor: Balance of Nature - Join hundreds of thousands of customers in one simple routine that's changing the world. Go to https://BalanceofNature.com to subscribe and save over 30% today. - - - Privacy Policy: https://www.dailywire.com/privacy morning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices
It is Tax Day, the deadline to file federal and most state tax returns. IRS CEO and Members of Congress are talking about the changes to your tax bill from last year's tax cut legislation known by supporters as the One Big Beautiful Bill; Senate votes down for a fourth time an Iran War Powers Act Resolution that would require President Donald Trump to end military action against Iran without Congressional authorization; President Trump continues his posts attacking Pope Leo XIV over the Pope's criticism of the war with Iran; Treasury Secretary Scott Bessent predicts the prices of gasoline, now averaging about $4 a gallon, will drop to $3 by summer; House Republican majority postpones a procedural vote on reauthorizing Section 702 of the Foreign Intelligence Surveillance Act (FISA), warrantless surveillance authority, which expires Monday, after a group of conservative Republicans demanded more protections against the incidental collection of Americans' communications; First Lady Melania Trump goes to Capitol Hill for a roundtable discussion with Members of Congress on foster care reform; Supreme Court Justice Clarence Thomas gives a speech at the University of Texas at Austin on America's 250th Anniversary. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of the podcast, Amanda reports from the White House, where she personally questioned President Donald Trump outside the Oval Office on several topics. Head is then joined by Elizabeth Troutman Mitchell, White House Correspondent for The Daily Signal, for a wide-ranging conversation on the policies and politics shaping America right now.The two break down Mitchell's reporting on the Trump administration's tax policy, highlighting real-world impact through workers like DoorDash driver Sharon Simmons, who saved $11,000 thanks to new deductions targeting tip earners. Their conversation also dives into the political landscape ahead of the midterms, including the challenges Republicans face if gas prices remain elevated, and how ongoing tensions with Iran could influence voter sentiment and U.S. foreign policy priorities.Follow Amanda, Elizabeth, and the podcast on X: @AmandaHead, @FurthermorePod, and @TheElizMitchell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This White House press briefing focuses on the impact of President Trump's working families tax cuts, highlighting record refunds, no tax on tips and overtime, and significant relief for small businesses and seniors. Officials outline how these policies are driving economic growth, increasing wages, and fueling Main Street expansion across the country. Alongside domestic policy, the briefing provides updates on ongoing Iran negotiations, enforcement of the naval blockade, and the strategic importance of the Strait of Hormuz. Officials describe the current moment as a short term disruption aimed at achieving long term geopolitical stability and preventing nuclear escalation. The discussion also addresses media narratives surrounding both the economy and foreign policy, pushing back on criticisms while reinforcing the administration's broader strategy.
Tax Day is on Wednesday, and President Trump and Republican lawmakers are trying to draw attention to new tax cuts and increased deductions approved last year. But with the war, higher gas prices and other economic costs, some polls suggest many Americans don't feel they're benefiting much from the new law. Stephanie Sy discusses what has changed with Andrew Duehren of The New York Times. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
In this episode, the Democrats all release on their take on prices, but I'll show you that they're all the same video and why this matters. Also, the ceasefire in the Middle East is in question by the public, I'll clear the air. Find the video podcast of The Dan Bongino Show exclusively on Rumble at https://Rumble.com/bongino Drivers Celebrate the Demise of the Most Hated Feature in Their Cars https://www.wsj.com/lifestyle/cars/cars-autos-stop-start-epa-trump-zeldin-0d561aee Zohran Mamdani backs down on cornerstone campaign promise of free NYC buses https://nypost.com/2026/04/08/us-news/zohran-mamdani-backs-down-on-campaign-promise-of-free-nyc-buses/ How did the Tax Cuts and Jobs Act change personal taxes? https://taxpolicycenter.org/briefing-book/how-did-tax-cuts-and-jobs-act-change-personal-taxes Sponsors: All Family Pharmacy - https://allfamilypharmacy.com/bongino - code: Bongino10 American Financing - NMLS 182334, nmlsconsumeraccess.org. APR for rates in the 5s start at 6.196% for well qualified borrowers. Call 888-994-7660 for details about credit costs and terms. Visit http://www.AmericanFinancing.net/Bongino. Byrna - https://byrna.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
From your paycheck… to the courtroom… to the Supreme Court—everything is shifting. Supporters of Donald Trump are praising “no tax on tips” as a direct win for working Americans. But in a stunning move, state lawmakers rejected tax relief—even with billions in surplus—while places like California and Michigan moved forward. At the same time, a controversial verdict in the killing of NYPD officer Jonathan Diller is fueling debate about jury decisions, public trust, and the role of jurors in the justice system. And on the nation's highest court, a sharp clash between Ketanji Brown Jackson and Elena Kagan is raising deeper questions about how legal decisions are made—and what guides them. From tax policy to courtrooms to constitutional law—this episode connects the dots on a rapidly changing America.
A tax break designed for working Americans… blocked by Republicans? Supporters of Donald Trump are praising the “no tax on tips” provision as a long-overdue win for blue-collar workers—especially those who've seen wages stagnate for decades. But in a shocking twist, South Carolina lawmakers rejected a bill that would have mirrored those federal tax cuts at the state level. Even more surprising? States like California and Michigan have already moved to adopt similar relief. With billions in surplus revenue, why block tax relief for workers who need it most? This episode breaks down the politics, the economics, and the frustration boiling over for everyday taxpayers.
The United Arab Emirates has told allies that it would participate in a multinational maritime task force intended to reopen the Strait of Hormuz, and Hong Kong is weighing tax cuts for asset managers. Plus, London has embraced a controversial form of energy production: burning rubbish. Mentioned in this podcast:UAE pushes for international force to reopen HormuzHong Kong weighs ‘big bang' tax cuts for asset managers‘It's good business': how London became an ‘energy from waste' capitalNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon, Mischa Frankl-Duval, Victoria Craig, and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT's Global Head of Audio. The show's theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Ahead of the midterms, several Democrats are trying to seize on the affordability messaging that has been connecting with voters across the country by talking about lowering taxes. New Jersey Senator Cory Booker and Maryland Senator Chris Van Hollen have introduced separate measures aimed at easing the tax burden on middle- and lower-income people. And Vermont Independent Senator Bernie Sanders and California Democratic Representative Ro Khanna released a plan to raise taxes on billionaires. But critics are raising concerns about what these proposals would mean for government funding moving forward. Maryland Democratic Senator Chris Van Hollen joins the show to discuss his plan.And in headlines, President Donald Trump sends more mixed messages about the war in Iran, new polling shows the president's approval rating is on the decline, and The Wall Street Journal's March Madness bracket tests whether AI is better than humans at predicting the winning teams.Show Notes: Call Congress – 202-224-3121 Subscribe to the What A Day Newsletter – https://tinyurl.com/y4y2e9jy What A Day – YouTube – https://www.youtube.com/@whatadaypodcast Follow us on Instagram – https://www.instagram.com/crookedmedia/ For a transcript of this episode, please visit crooked.com/whataday
If you would like to skip over Jim and Chris’s banter on the weather, that manages to touch on Colorado water rights (an issue many east of the Mississippi probably find baffling), then you can start listening at (11:45). Chris’s Summary Jim and I continue our look through the Ed Slott IRA quiz, covering IRA recharacterization rules, how a surviving spouse may use a deceased spouse’s five year period following a spousal rollover, which IRA funds can roll into an employer plan, and the timing trap that can unravel the strategy of using an employer plan to separate after-tax basis from pre-tax funds. Jim’s “Pithy” Summary Chris and I are continuing our run through the Ed Slott IRA quiz — the questions Ed sends out after his twice-yearly training sessions to make sure advisors know not just the right answer but the reasoning behind it. That reasoning is where most people get tripped up, and this episode has several good examples of exactly that. We start with IRA recharacterization rules — the deadline, what has to happen at the custodian level, how attributable gains or losses factor into the math, and a conversion planning tool that Congress took away in the 2018 Tax Cuts and Jobs Act. It was a strategy that made conversion timing far more forgiving than it is today, and the fact that it is gone still stings. From there we get into the Roth IRA five-year rules — specifically a spousal rollover scenario with a twist that most people, including Chris, do not see coming. The answer turns on a benefit the tax code extends to surviving spouses that is easy to overlook if you are not specifically looking for it. We wrap up with which IRA funds can actually be rolled into an employer plan and why that distinction matters if you are sitting on after-tax basis inside a traditional IRA. There is a clean strategy for separating it, but there is also a timing mistake that catches people who think they have successfully pulled it off — when they have not. More people fall into that trap than you would expect, and the consequences are not trivial. The post Ed Slott IRA Quiz Continued: EDU #2612 appeared first on The Retirement and IRA Show.
It's Casual Friday on The Majority Report On today's program: Donald Trump is considering sending troops on the ground to seize Kharg Island in an attempt to force the opening of the Strait of Hormuz. JD Vance asks Americans to take solace in the fact that our "allies" are suffering far more from the energy crisis we caused by our war in Iran. Staff writer at The New Republic, Perry Bacon, Jr. joins Sam to wrap up the week's news. Check out Perry's podcast - Right Now with Perry Bacon, Jr. Senator Chris Van Hollen (D-MD) joins the program to discuss his new proposed tax plan and the war in Iran. In The Fun Half: Senator Mark Warner questions Tulsi Gabbard on why Donald Trump sent her to observe the Fulton County election office raid when the president was not meant to know about the raid ahead of time. Senator Mark Kelly asks Gabbard and CIA director Ratcliffe on their thoughts on Trump offering "unfiltered national security" briefings to his big donors. Donald Trump holds a press conference with the Prime Minister of Japan where he jokes about pearl harbor. Markwayne Mullin is an idiot and thanks to John Fetterman he is moving forward into the Senate to get confirmed as the new secretary of DHS. Patrick Bet-David has really upset their audience over their cheerleading for the war in Iran. The new head all that and more New Yorkers if you live in Senate District 27 which includes the neighborhoods of Lower Manhattan, including the East Village, Tribeca, Little Italy, Chinatown, Soho, and the Financial District and Greenwich Village support Yuh-Line Niou for State Senate To connect and organize with your local ICE rapid response team visit ICERRT.com The Congress switchboard number is (202) 224-3121. You can use this number to connect with either the U.S. Senate or the House of Representatives. Follow us on TikTok here: https://www.tiktok.com/@majorityreportfm Check us out on Twitch here: https://www.twitch.tv/themajorityreport Find our Rumble stream here: https://rumble.com/user/majorityreport Check out our alt YouTube channel here: https://www.youtube.com/majorityreportlive Gift a Majority Report subscription here: https://fans.fm/majority/gift Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! https://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: https://majority.fm/app Go to https://JustCoffee.coop and use coupon code majority to get 10% off your purchase Check out today's sponsors: ZOCDOC: Go to Zocdoc.com/MAJORITY and download the Zocdoc app to sign-up for FREE and book a top-rated doctor. NUTRAFOL: Get $30 off your first box + free Croissants in every box. Go to Wildgrain.com/MAJORITY to start your subscription. SUNSET LAKE: 30% off all CBD tinctures for people and pets with code Spring26 at SunsetLakeCBD.com Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattLech On Instagram: @MrBryanVokey Check out Matt's show, Left Reckoning, on YouTube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Check out Ava Raiza's music here! https://avaraiza.bandcamp.com