Podcasts about Tax policy

Steve Forbes explains how Puerto Rico can once again become a pharmaceutical powerhouse and help achieve the much-needed goal of reshoring U.S. drug manufacturing.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes explains how Germany is an economic mess of its own making due to terrible energy policies, a massive welfare system, and a collapse in its work ethic—but if Chancellor Friedrich Merz looks to the example of legendary economist Ludwig Erhard, the nation could be put back on track.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Radical suggestions and enviable certainty Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Tax Track, we look ahead to the 2024/25 tax return season, highlighting areas to watch out for, and explain our concerns with draft legislation for Finance Bill 2025/26 that promises to make significant changes to the tax system, particularly for agents.  Links ICAEW has major concerns about draft Finance Bill legislation - https://www.icaew.com/insights/tax-news/2025/sep-2025/icaew-has-major-concerns-about-draft-finance-bill-legislationGovernment's plans for agents may harm the tax system - https://www.icaew.com/insights/tax-news/2025/sep-2025/governments-plans-for-agents-may-harm-the-tax-systemTaxpayers encouraged to ensure returns are correct and complete -  https://www.icaew.com/insights/tax-news/2025/sep-2025/taxpayers-encouraged-to-ensure-returns-are-correct-and-completeIn-year CGT rate changes cause tax return errors - https://www.icaew.com/insights/tax-news/2025/aug-2025/in-year-cgt-rate-changes-cause-tax-return-errorsHMRC targets personal expenditure - https://www.icaew.com/insights/tax-news/2025/aug-2025/hmrc-targets-personal-expenditureGet ahead with 2024/25 tax returns - https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2025/get-ahead-with-2024-25-tax-returnsHostStephen Relf, Technical Manager, Tax, ICAEWGuestsLindsey Wicks, Senior Technical Manager, Tax Policy, ICAEWKatherine Ford, Tax Manager, ICAEWProducerEd AdamsEpisode recorded: 23 September 2025Episode published: 1 October 2025

Steve Forbes breaks down why Argentina's economic turmoil, and the shocking political crises facing its President Javier Milei, could spell serious trouble for the United States—and explains what President Trump must do fast. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Australia's tax system is under pressure. In part one of this With Interest conversation, Jenny Wong is joined by two of the country's leading voices in tax policy — David Bradbury and Paul Tilley. Together, they explore the structural flaws in Australia's tax system, the economic and political barriers to reform and the urgent need for a tax mix shift. Key takeaways include: Why Australia's tax system may not be fit for “dangerous times" The single biggest structural flaw in Australia's tax system today The risks of over-reliance on personal income tax How capital income tax impacts productivity and investment Why Australia has gone 25 years without meaningful change From capital taxation challenges to the erosion of GST revenue, this conversation offers deep insights into the future of tax reform in Australia. The discussion was held at CPA Australia's inaugural Tax Forum in August 2025. Listen now. Host: Jenny Wong, Tax Lead, Policy and Advocacy, CPA Australia Guests: David Bradbury, partner at KPMG Australia, former Federal Minister and Assistant Treasurer, former Deputy Director of the OECD's Centre for Tax Policy and Administration Paul Tilley, former economic advisor to Treasury and the Department of Prime Minister and Cabinet, and author of Mixed Fortunes: A History of Tax Reform in Australia. You can find a CPA at our custom portal on the CPA Australia website. Stay tuned for part two as David Bradbury, Paul Tilley, Dale Pinto and Jenny Wong discuss the global tax reform debate, unpacking the challenges and opportunities facing Australia. Coming soon. Would you like to listen to more With Interest episodes? Head to CPA Australia's YouTube channel. CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting: With Interest INTHEBLACK INTHEBLACK Out Loud Excel Tips Search for them in your podcast platform.  Email the podcast team at podcasts@cpaaustralia.com.au

Jon Hartley and Arthur Laffer discuss his origins as an economist, including his relationships with George Shultz and Milton Friedman, the 50-year history of the Laffer Curve, the shape of the Laffer Curve, the effects of the Tax Cuts and Jobs Act on fixed investment and revenue, and much more. Recorded on August 12, 2025. ABOUT THE SERIES Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information about the podcast, or subscribe for the next episode, click here.

This week the OECD releases its Tax Policy Reforms 2025 report, happy 40th Anniversary to Australia's CGT, what does the public think about CGT and an international expert gives his view on the challenges facing our tax system.

Steve Forbes breaks down why California's endless high speed rail boondoggle is even worse than people think, and why it needs to be scrapped yesterday.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes calls out the disgraceful educational practice known as "equity grading" which is contributing to the dumbing down of schools and students, and calls to restore teachers' power to control the classroom without fear of intimidating lawsuits, while making school administrators personally responsible for how well their schools perform.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As sweeping US tax reform takes effect in 2025, corporate taxpayers face important changes. These include extensions of and modifications to key Tax Cuts & Jobs Act (TCJA) provisions as well as expansion of some Inflation Reduction Act (IRA) incentives while accelerating the phase-out of others. In this episode we provide an overview of the key corporate provisions and dive into the related accounting and financial reporting implications. In this episode, we discuss:03:24 – Extensions and modifications of TCJA domestic tax laws13:42 – Extensions and modifications of TCJA international tax laws24:03 – Changes to IRA energy credits29:30 – Other provisions (e.g., endowments, charitable deductions)33:19 – Global tax implications and Pillar Two39:25 – What's ahead for corporate tax policy and accounting for income taxes For more information, check out our publications, Accounting for 2025 US tax reform and President Trump signs H.R. 1, the “One Big Beautiful Bill Act”. You can also listen to our related podcast episode, Sustainability now: Facing IRA and clean energy credit uncertainty. Be sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop. About our guests Jennifer Spang is PwC's National Office income tax accounting leader, specializing in tax accounting under US GAAP and IFRS. She has over 25 years of experience helping companies in a variety of industries navigate complex tax accounting matters. Pat Brown is PwC's National Tax Office Co-Leader. Prior to joining PwC, he spent 16 years in the private sector, including as the director of tax policy for a Fortune 50 company. Pat has also served in the US Treasury's Office of Tax Policy as an attorney-advisor and as Associate International Tax Counsel. About our guest host Diana Stoltzfus is a partner in the National Office who helps to shape PwC's perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA's Professional Practices Group. Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.

In this episode, Eric and Nick talk to Michael Keen, a former Deputy Director of the IMF's Fiscal Affairs Department and co-author of "Rebellion, Rascals and Revenue", about the many ways taxation can go wrong throughout history. They explore bizarre historical taxes like Britain's window tax and ship taxation, discuss New Zealand's exemplary GST system, and examine how poor tax design can lead to smuggling, rebellions, and unintended economic distortions.

Steve Forbes calls for a major overhaul in how GDP data is interpreted and released, urging the Trump Administration to make a crucial change as it reforms the BLS job growth statistical gathering.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes calls out the ugly crackdown on speech in Great Britain, pointing out the shocking arrests and convictions of people based on what they say online, and urges the U.K. to reverse course and take some inspiration from the U.S.'s First Amendment.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Marc and Dan talk with Luis Valdes for 2A Tuesday about constitutional carry, concealed carry on public transportation, and whether teachers should be allowed to carry firearms in schools. They discuss Florida's sales tax holiday on guns and ammunition through the end of the year, compared to West Virginia's year-round exemption. Valdes also addresses the history of Jim Crow-era gun laws, current challenges to blanket bans, and the debate over mental health and gun ownership. The conversation includes international comparisons, such as the UK's knife control policies, highlighting the broader fight for Second Amendment rights.

In this episode Dominic Bowen and Professor Kimberly Clausing examine the return of tariffs to the centre of U.S. economic strategy and the risks this shift creates for the global economy. Find out more about how protectionism and populism are reshaping U.S. trade policy, why tariffs act as a hidden tax on consumers and small businesses, the political dynamics driving short-term wins over long-term stability, the impact on supply chains and export industries such as higher education, tourism, and technology, the risks of corruption and rent-seeking in tariff exemptions, and how international trust in the United States is being tested as allies confront unpredictable economic behaviour, and more.Professor Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Professor Clausing has published widely on taxation, climate policy, and international trade, and is the author of Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019). International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress and has testified before the U.S. Congress on multiple occasions. She has received two Fulbright Research Awards, and her research has been supported by the National Science Foundation, the Smith Richardson Foundation, the International Centre for Tax and Development, the U.S. Bureau of Economic Analysis, and the Washington Center for Equitable Growth.The International Risk Podcast brings you conversations with global experts, frontline practitioners, and senior decision-makers who are shaping how we understand and respond to international risk. From geopolitical volatility and organised crime, to cybersecurity threats and hybrid warfare, each episode explores the forces transforming our world and what smart leaders must do to navigate them. Whether you're a board member, policymaker, or risk professional, The International Risk Podcast delivers actionable insights, sharp analysis, and real-world stories that matter. The International Risk Podcast – Reducing risk by increasing knowledge.Follow us on LinkedIn and Subscribe for all our updates!Tell us what you liked!

Steve Forbes slams the new guidance in Florida that ends all vaccine requirements for schoolchildren, warning of the crippling and lethal consequences to kids who don't get immunized for polio, measles, mumps, rubella, and more diseases.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

teve Forbes explains that in order to win peace in Ukraine and end Russia's war of aggression, the Trump Administration must supply Ukraine with greater while imposing tougher sanctions on Russia.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Send us a textJeff and Scott talk with Kyle Pomerleau about how inflation interacts with tax policy and the tax law. Kyle points out that inflation interacts in two major ways: When we tax gains that happen over long periods of time, and we have to think about whether adjusting the gain for inflation would help, and, when the tax system includes explicit dollar values, such as in thresholds, amounts of credits, the income tax brackets themselves. 

Marco Mesina warns the exodus could worsen, while Jimmy Sexton says that even wealthy shoppers now avoid the UK market, including Brits.View the full article here.Subscribe to the IMI Daily newsletter here. 

Steve Forbes looks to the historical example of "X"—the pseudonym of George F. Kennan, who advanced the policy of containment that helped serve as a North Star for U.S. foreign policy for decades—to argue that we now need a new guiding principle to take us safely through our present confused, dangerous times.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes explains why having a strong dollar is crucial for keeping the U.S. the most powerful nation in the world, and warns that those taken in by the siren call of a "weak dollar" are stoking real dangers.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes calls for Stephen Miran, President Trump's nominee for Federal Reserve Governor, to be asked how important he thinks i it is to have a dollar stable in value, and whether he believes that prosperity causes inflation—his answers could determine the future of the U.S. economy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chris Hipkins came undone yesterday, twice. You would hope, given there is literally no pressure on him right now and he basically gets to spend his days bagging the Government, he might want to sharpen up, given next year is a whole different kettle of fish. Mistake number 1: He attempted to gain points on Palestine by suggesting David Seymour was holding the Government to some sort of ransom and if it wasn't for the veto they would have declared support for statehood by now. What Seymour said was Hamas would need to be demilitarised. Now, apart from the fact that's not radical, new, or an already widely held view by many who want to recognise Palestine – what is it Hipkins is saying? He doesn't mind Hamas or Hamas being a terror group? Would he be happy with the two state solution, with Hamas at the control panel? If he does, no problem, just say so. Mistake number 2: For reasons best known to himself he got trapped in a discussion about his tax policy. What tax policy, you ask? Exactly. But he somehow managed to suggest that even though there isn't a tax policy, what there is, is broad agreement around a wealth tax and a capital gains tax. And then the bullet in the foot – he couldn't rule in, or out, the possibility that the family home was part of that tax capture. Tip number 1: Drop the Middle East. No vote is moved in this country on a place that has been a disaster zone for decades and the more you look like you tolerate terrorists the more you put middle New Zealand off you. Tip number 2: If you are stupid enough to even hint that a family home could be part of a new tax, give up right now because you are toast. As history shows, a CGT with the family home exempt has been trialled and rejected multiple times by his own party. The irony of ironies being it was Hipkins himself with a captain's call that dropped it last time. So not only is he clearly not committed or convinced, he seemingly may have been hijacked by some left-leaning radicals inside his own camp to get the family home involved. So, a party that can tolerate Hamas and tax your family home. What could possibly go wrong? See omnystudio.com/listener for privacy information.

In the latest Market Signals podcast, LPL Research's Chief Equity Strategist Jeffrey Buchbinder and Chief Fixed Income Strategist Lawrence Gillum recap a strong week for stocks, discuss what's next for the Federal Reserve (Fed), and explain why stocks have been so resilient in the face of policy headwinds. Tracking #781176

Part 1:We talk with Jeet Heer, national affairs correspondent forThe Nation and host of the weekly Nation podcast.We discuss the environmental regulations being gutted by the Trump administration. The media bias against Mamdani is obvious.Part 2:We talk with Bob Lord, the Patriotic Millionaires Senior Advisor on Tax Policy and an Associate Fellow at the Institute for Policy Studies.We discuss the redistribution of wealth from the working class to the millionaires' class in the last 40 years. Wage tax is NOT income tax. We also discuss the concept of PRE-distribution of wealth. WNHNFM.ORG   productionMusic: David Rovics

This Day in Legal History: Eisenhower Signs Act Creating NASAOn July 29, 1958, President Dwight D. Eisenhower signed the National Aeronautics and Space Act into law, officially creating NASA. The legislation emerged in response to growing Cold War tensions and the Soviet Union's launch of Sputnik the previous year. It marked a pivotal shift in U.S. federal priorities, establishing a civilian-led space agency to coordinate scientific exploration, aeronautics research, and peaceful uses of space. NASA began operations on October 1, 1958, absorbing the earlier National Advisory Committee for Aeronautics (NACA) and ushering in a new era of government-backed technological ambition.Over the decades, NASA has become a symbol of American innovation, from landing astronauts on the moon to deploying the Hubble Space Telescope. Its work has catalyzed advancements not only in spaceflight, but also in climate science, materials engineering, and telecommunications. The legal framework underpinning NASA reflects a national consensus that science and exploration are critical public goods deserving of federal investment and support.But 67 years later, that consensus is showing strain. Just yesterday, NASA announced that nearly 4,000 employees—about 20% of its workforce—are leaving the agency through the Trump administration's deferred resignation program. This mass exodus follows proposed budget cuts and internal restructuring driven by the Department of Government Efficiency (DOGE), a key player in Trump's effort to slash the federal workforce.The timing couldn't be worse. The administration has called for both sweeping workforce reductions and a significant budget cut of nearly 24% for FY 2026, even as it touts long-term funding increases in the so-called One Big Beautiful Bill Act. Scientists and space advocates, including The Planetary Society, have criticized the inconsistency, calling it a direct threat to American leadership in space. A group of over 300 NASA employees echoed that concern in a public letter this week, denouncing the changes as "rapid and wasteful" and warning that they jeopardize the agency's mission.What began as a proud moment of bipartisan support for science and exploration now faces a political climate where expertise is undervalued and institutional stability is sacrificed for short-term optics.Nearly 4,000 NASA employees opt to leave agency through deferred resignation programIn her latest appeal to the U.S. Supreme Court, Ghislaine Maxwell argues that her 2021 federal sex trafficking conviction should be overturned because it violated a 2007 non-prosecution agreement (NPA) originally struck between Jeffrey Epstein and federal prosecutors in Florida. Maxwell contends that the agreement, which shielded Epstein and his unnamed co-conspirators from federal charges in exchange for his state-level plea, should have also barred her later prosecution in New York. The Justice Department disputes this, saying the NPA applied only to the Southern District of Florida and does not merit Supreme Court review. Maxwell's brief criticizes the DOJ for focusing on Epstein's misconduct rather than the legal scope of the deal, framing the issue as one of government accountability to its promises. The Second Circuit previously upheld her conviction, finding no evidence that the NPA was meant to apply nationally. However, the National Association of Criminal Defense Lawyers filed a brief supporting Maxwell, arguing that even atypical agreements must be honored if made by the government. Political tensions surrounding the Epstein case continue to complicate matters, as Maxwell recently met with Deputy Attorney General Todd Blanche amid renewed scrutiny of the Trump administration's handling of Epstein's prosecution. The Supreme Court is expected to consider whether to hear the case in late September.Ghislaine Maxwell Tells Supreme Court Epstein Deal Shielded HerThe Trump administration has filed a judicial misconduct complaint against Chief U.S. District Judge James Boasberg, accusing him of violating judicial ethics by expressing concerns that the administration might defy court rulings, potentially triggering a constitutional crisis. The complaint centers on comments Boasberg allegedly made during a March meeting of the judiciary's policymaking body, which included Chief Justice John Roberts. The Justice Department argues that these remarks, later echoed in his rulings, undermined judicial impartiality—particularly in a case where Boasberg blocked the deportation of Venezuelan migrants using wartime powers under the Alien Enemies Act. The administration claims Boasberg acted on a political bias when he found probable cause to hold it in criminal contempt for defying his deportation order. The DOJ has asked the D.C. Circuit to reassign the case and refer the complaint to a special investigative panel. Boasberg, appointed to the federal bench by President Obama after an earlier nomination to the D.C. Superior Court by President George W. Bush, has not publicly responded. The D.C. Circuit stayed his contempt finding, and a final ruling is still pending.Trump administration files misconduct complaint against prominent judge Boasberg | ReutersThe U.S. Court of Appeals for the Federal Circuit has extended the suspension of 98-year-old Judge Pauline Newman for another year, citing her continued refusal to undergo a full neuropsychological evaluation to assess her fitness to serve. Despite submitting medical reports from her own experts asserting she is mentally competent, the court concluded that those reports were insufficient and contained inaccuracies, including concerns about memory issues and fainting episodes. Newman's legal team criticized the court's swift decision, arguing that their evidence and arguments were not seriously considered following a recent hearing. Newman, a respected patent law jurist appointed by President Reagan in 1984, is the oldest active federal judge who has not taken senior status and has been a prominent dissenter on the Federal Circuit. The court originally suspended her in 2023 after Chief Judge Kimberly Moore raised concerns about her cognitive and physical condition. Newman sued over the suspension, but her case was dismissed; it is now under review by a separate federal appeals court. The latest ruling reaffirms the court's insistence on comprehensive testing before any reconsideration of her judicial role.US appeals court extends suspension of 98-year-old judge in fitness probe | ReutersDonald Trump has asked a federal court to expedite a deposition of Rupert Murdoch in his $10 billion defamation lawsuit against the Wall Street Journal over a July 17 article linking him to Jeffrey Epstein. The article claimed Trump sent Epstein a 2003 birthday greeting that included a suggestive drawing and cryptic references to shared secrets—allegations Trump calls fabricated. In a court filing, Trump's lawyers said he informed Murdoch before publication that the letter was fake, and Murdoch allegedly responded that he would “take care of it,” which they argue demonstrates actual malice—a necessary legal threshold in defamation cases involving public figures. Trump's team is seeking Murdoch's testimony within 15 days, and Judge Darrin Gayles has ordered Murdoch to respond by August 4. The article's release has intensified political scrutiny of Trump's handling of the Epstein investigation. Legal analysts note Trump faces an uphill battle given the stringent standards for proving defamation, especially against media outlets. Dow Jones, which publishes the Journal, said it stands by its reporting and intends to vigorously defend the case.Trump asks for swift deposition of Murdoch in Epstein defamation case | ReutersMy column for Bloomberg this week argues that the latest shift in federal tax law—the move from the global intangible low-taxed income (GILTI) regime to the net controlled foreign corporation tested income (NCTI) system—should push states to reassess their habitual conformity to the Internal Revenue Code. NCTI expands the scope of taxable foreign income for U.S. multinationals, reflecting a broader federal effort to combat base erosion and bolster global competitiveness. But when states automatically conform to these changes—especially through rolling conformity—they risk inheriting complex, federally motivated rules that don't align with their economic interests or legal authority.Rolling conformity is a mechanism by which a state automatically updates its tax code to reflect changes in the federal Internal Revenue Code as they occur, without requiring separate legislative action. While rolling conformity can reduce administrative friction, it's increasingly problematic in an era of aggressive and frequent federal tax rewrites. States adopting NCTI may find themselves without key federal mechanisms like foreign tax credits or Section 250 deductions, exposing them to potential legal challenges over extraterritorial taxation and apportionment. These lawsuits could be expensive, prolonged, and ultimately hinge on issues that federal tax policy has already moved past. I argue that states need to move beyond passive conformity and take an intentional, sovereign approach to tax policy—reviewing conformity statutes now, decoupling where necessary, and preparing to defend their fiscal independence in the face of Washington's rapid policy swings.Trump Tax Law Should Spur States to Split From Federal ‘Pendulum' 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

Kyle Touchstone, Director of Raleigh Economic Development, shares with us how Raleigh became the top-ranked large city in the US, according to the Milken Institute. Kyle and show host Gene Tunny discuss the city's success in biotech, AI, quantum computing, and advanced manufacturing—all underpinned by the world-class universities and innovation ecosystem of North Carolina's Research Triangle. The conversation also explores Raleigh's growing role in the gaming industry, including its connection to Epic Games—the creator of Fortnite—and the rise of eSports in the region.Please email Gene your thoughts on this episode via contact@economicsexplored.com.TimestampsRaleigh's Economic Growth and Milken Institute Ranking (0:00)Industry Sectors and Infrastructure in North Carolina (5:17)Significant Announcements and Investments (7:23)Population Growth and Quality of Life (12:23)Entrepreneurial Ecosystem and Community Support (15:08)Tax Policy and Economic Development (15:35)Quantum Computing and AI (19:49)Sports and Entertainment (43:40)eSports and Gaming (47:55)Lessons in Economic Development (50:39)TakeawaysTop Rankings: Raleigh was named the #1 best-performing large city by the Milken Institute and is part of the #1 state for business (North Carolina, per CNBC).Research Triangle Advantage: Home to NC State, Duke, and UNC Chapel Hill, the Research Triangle fuels innovation with top-tier talent and research.Massive Investment: Biotech firms, such as Biogen, Amgen, and Genentech, have invested billions, drawn by the infrastructure, affordability, and access to research.Quantum & AI Leadership: IBM's quantum hub and regional AI focus are positioning Raleigh as a leader in next-gen computing.Entrepreneurial Ecosystem: Startups like Pendo and social enterprises like 321 Coffee thrive thanks to a strong support network and educational institutions.Links relevant to the conversationRaleigh, NC and Gainesville, GA Top Milken Institute's 2025 Annual Ranking of Best-Performing Cities:https://milkeninstitute.org/content-hub/news-releases/raleigh-nc-and-gainesville-ga-top-milken-institutes-2025-annual-ranking-best-performing-citiesRaleigh Economic Development:https://www.raleighecondev.org/Zoom catch up with show host Gene TunnyJoin Gene and other listeners for a catch-up on Zoom on Thursday, 31 July at: 21.30 to 22.30 AEST/GMT+10 (Australian East Coast time)12.30 to 13.30 BST/GMT+1 (British Summer time)07.30 to 08.30 EDT/GMT-4 (US East Coast time)The link to the Zoom room is:https://us02web.zoom.us/j/9471595560RSVP by 20.00 GMT+10 on 31 July to contact@economicsexplored.comLumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED 

Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com

Steve Forbes explains that President Trump is hardly the first Commander in Chief to battle the Federal Reserve, and until the central bank abandons its profoundly wrong philosophy, history is doomed to repeat itself.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Washington DC tax expert Thad Inge joins the show again for a deep dive into the Big Beautiful Bill.  He breaks down the tax legislation that extends TCJA provisions and introduces new benefits like tax-free tips and overtime. Together with Annie and Roger, they explore the surprising speed of the political process, the complex implementation challenges ahead, and what small business owners and individuals need to know right now. From ERC changes to new car loan deductions, this comprehensive breakdown separates the reality from the hype surrounding one of the most significant tax bills in recent years.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (02:14) - Overview of the Big Beautiful Bill (02:43) - The Legislative Process and Political Dynamics (06:53) - Key Provisions and Extensions in the Bill (09:33) - Tax Policy vs. Political Strategy (11:33) - State and Local Tax (SALT) Debate (17:25) - Cost and Budget Considerations (26:24) - New Tax Provisions: Tips and Overtime (29:07) - Implementation Challenges and Guidance (34:18) - Transition Relief and State Standards (37:16) - Overtime and Salary Dynamics (38:17) - IRS Withholding Rules (42:24) - Employee Retention Credit (ERC) Updates (48:17) - Business Deductions and Expensing (52:22) - New Tax Provisions for Seniors and Car Loans (54:59) - Energy Credits and Legislative Negotiations (56:35) - Final Thoughts and Future Outlook Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with Thad IngeLinkedIn: https://www.linkedin.com/in/thad-inge-9342155Website: https://www.vsadc.com/Connect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Steve Forbes calls out Fed Chair Jerome Powell for "playing politics" on refusing to cut interest rates, which not only damages the economy but hurts the U.S. dollar.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes warns Republicans and policymakers in general that the failure to confront the immigration crisis through a measured approach that protects Americans and bolsters the economy could cause far-reaching irrevocable damage.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Doug McHoney (PwC's International Tax Services Global Leader) is joined by Pat Brown, an international tax partner and Co-Leader of PwC's Washington National Tax Services practice and former Deputy Assistant Secretary for Tax Policy at the US Treasury. In part three of Doug's three-part OBBBA discussion with Pat, they discuss the newly enacted OB3 reconciliation law, focusing on its permanent corporate and individual tax provisions, the recalibration of bonus depreciation, Section 174 expensing and Section 163(j); the Senate's redesign of GILTI, FDII and BEAT; Inflation Reduction Act rollbacks; Treasury's last-minute removal of Section 899; and the G7's surprise accord intended to exempt US-parented groups from Pillar Two's IIR and UTPR while elevating QDMTTs and compliance simplification. They map the procedural and legislative steps still needed, potential timing gaps, and why multinational groups must keep Pillar Two compliance front-of-mind.  

Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com

This Day in Legal History: Residence ActOn July 16, 1790, the U.S. Congress passed the Residence Act, establishing the District of Columbia as the permanent seat of the federal government. The decision was the product of a political compromise between Alexander Hamilton and Thomas Jefferson, brokered in part by James Madison, whereby southern states would support federal assumption of state debts in exchange for locating the capital along the Potomac River. The land for the new district was ceded by both Maryland and Virginia, and the Constitution allowed for a federal district not exceeding ten miles square. President George Washington personally selected the site, which straddled the Potomac and included portions of Alexandria and Georgetown.Pierre Charles L'Enfant was tasked with designing the city's layout, envisioning broad avenues and grand public spaces to reflect the dignity of the new republic. In the early years, however, Washington, D.C. remained underdeveloped and muddy, with many of the federal buildings still under construction. Over time, most major institutions and monuments were built on the Maryland side of the river, causing concern among residents on the Virginia side. In 1846, responding to economic neglect and the declining significance of Alexandria as a port, Congress approved Virginia's request to retrocede its portion of the district. This land, now Arlington County and part of the city of Alexandria, rejoined Virginia, reducing the size of D.C. to its current boundaries.The Residence Act and subsequent development of Washington, D.C. created a unique legal and political entity—neither a state nor part of one. This status continues to affect the rights and representation of its residents, a legal debate that remains active today.An $8 billion shareholder lawsuit against Meta CEO Mark Zuckerberg and other current and former company leaders began this week in Delaware's Chancery Court, focusing on alleged failures to uphold Facebook's 2012 privacy agreement with the Federal Trade Commission (FTC). The plaintiffs argue that Zuckerberg, Sheryl Sandberg, Peter Thiel, Marc Andreessen, Reed Hastings, and others knowingly allowed Facebook user data to be harvested—specifically in relation to the Cambridge Analytica scandal that surfaced in 2018. That breach led to a record $5 billion FTC fine, which shareholders now want the defendants to personally reimburse, along with additional legal costs.The trial, presided over by Chief Judge Kathaleen McCormick, will feature testimony from several high-profile witnesses, including White House Chief of Staff Jeffrey Zients, who served on Meta's board from 2018 to 2020. Plaintiffs claim Zuckerberg profited by selling Facebook stock before the public learned of the data misuse, allegedly netting over $1 billion. Defendants deny all wrongdoing, maintaining they relied on compliance experts and were misled by Cambridge Analytica.This is the first oversight liability case of its kind to reach trial, a notoriously difficult claim under Delaware corporate law. Meta itself is not named as a defendant, and the company has declined to comment, though it has previously stated it has invested heavily in privacy protections since 2019.Facebook privacy practices the focus of $8 billion trial targeting Zuckerberg | ReutersKilmar Abrego, a Salvadoran migrant wrongly deported from the U.S. despite legal protections, is scheduled to appear in a Tennessee federal court on smuggling charges, though the future of his case remains murky. Abrego had been living legally in Maryland with a work permit and was protected by a 2019 court order barring deportation to El Salvador due to threats of gang violence. Nonetheless, he was deported in March and imprisoned there before being returned to the U.S. after federal prosecutors indicted him for allegedly participating in a human smuggling operation.He has pleaded not guilty, and his lawyers claim the charges are politically motivated—a cover for the Trump administration's mishandling of his case. They also challenge the credibility of prosecution witnesses, who are alleged co-conspirators seeking to avoid their own deportation or charges. A magistrate judge ordered Abrego released on bail, but prosecutors are appealing, arguing he poses a flight risk and should remain detained. Even if released from criminal custody, immigration officials have said they plan to detain him immediately for possible deportation.Judge Waverly Crenshaw is expected to hear arguments and potentially rule on his bail status. Abrego's attorneys have asked to delay any release until Wednesday to prevent sudden removal before he can challenge deportation. The administration has signaled it may try to deport him to a third country—possibly Mexico or South Sudan—instead of El Salvador. His case has become emblematic of broader concerns over due process in the Trump administration's aggressive immigration enforcement agenda.Returned deportee Abrego due in Tennessee court; future of smuggling case uncertain | ReutersMilbank, a prominent New York-based law firm, is representing the cities of Newark and Hoboken in a lawsuit brought by President Donald Trump's administration over their immigration policies. The federal suit, filed in May, accuses the cities of obstructing immigration enforcement by acting as “sanctuary jurisdictions.” Milbank's defense team includes notable figures like former acting U.S. Solicitor General Neal Katyal and ex-New Jersey Attorney General Gurbir Grewal, now both partners at the firm.Milbank's involvement in the case comes just months after it agreed to a deal with the Trump administration to avoid being targeted by executive orders aimed at major law firms. Trump had accused those firms of politicizing legal work and using racial diversity initiatives improperly. In response, several firms—including Milbank—committed to providing nearly $1 billion in pro bono legal services to mutually agreed-upon causes. Milbank set aside $100 million as part of its agreement, though it was not formally sanctioned.Despite that arrangement, Milbank has taken on multiple high-profile cases opposing the Trump administration. In addition to defending Newark and Hoboken, Katyal is leading two other cases challenging Trump policies, including import tariffs and alleged wrongful termination of a federal board member. The firm's role in these cases highlights its continued legal pushback against the administration, even while navigating its negotiated settlement with the White House.Law firm Milbank defends NJ cities in Trump immigration lawsuit | ReutersA piece I wrote for Inside Higher Ed this week argues that tax policy deserves a central place in the undergraduate liberal arts curriculum—not as a technical specialty but as a cornerstone of civic education. I open by reflecting on the tax legislation passed under President Trump, that is the One Big Beautiful Bill Act, noting how its complexity served political ends by shielding its full implications from public understanding. That opacity, I suggest, is not accidental—and it's exactly why we need to teach tax more broadly.In my course at Drexel University, “Introduction to Tax Theory and Policy,” I approach tax not as accounting or law but as a form of civic infrastructure. The course welcomes students from all majors, encouraging them to think about taxation in terms of fairness, power, and values. We explore how tax policy shapes economic behavior, redistributes resources, and reflects assumptions about what and whom government should support. Students analyze topics ranging from estate taxes to digital surveillance and propose their own reforms grounded in ethical and civic reasoning.By demystifying the tax code and framing it as a site of public decision-making, I aim to empower students to see themselves not just as subjects of tax policy but as potential shapers of it. Their engagement—often surprisingly enthusiastic—reveals a hunger for this kind of critical, values-based education. Ultimately, I argue that tax belongs in the liberal arts because it teaches students not just how the world works, but how it's been made to work—and how it could be remade more equitably.Tax Policy Belongs in Liberal Arts Curriculum (opinion) This is a public episode. 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Steve Forbes warns that lost in the endless conversation about tariffs is the issue of the tax wedge, a calculation that shows the real distance between a consumer and the ability to purchase a product, and how the new levies imposed by President Trump will create barriers to business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes explains that President Trump can take on the Federal Reserve in its intransigent refusal to cut rates: have the Treasury issue bonds in gold, which would provide a simple, everyday metric as to whether Washington is undermining the dollar's integrity or maintaining its value.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes lays out a tough set of proposals President Trump should immediately employ against Russia—including hardline sanctions, sending Ukraine major weapons, and freezing Russian assets—to finally end the invasion of Ukraine.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nebraska lawmakers overcame a significant shortfall through the passage of this year's budget, but more fiscal trouble may be on the horizon. On the final day of this year's legislative session in June, Speaker John Arch made a prediction on the focus of the legislature's return in 2026. “I will predict that our biggest challenge next year will be our budget,” he said. “Once again, we sent a balanced budget to the governor, but we always face mid-biennium budget adjustments, and next year will be no different. And in fact, could be more challenging” So how did Nebraska get into this situation in the first place?

Steve Forbes calls out the Federal Reserve for its refusal to reduce interest rates due to its animus against President Trump, who attacks Chair Jerome Powell routinely—and explains why DOGE-like massive reforms are required to put the central bank back on course.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of The Electorette, host Jen Taylor-Skinner speaks with Jessica Fulton, senior fellow with the Joint Center for Political and Economic Studies, about the 2025 budget bill—rebranded by conservatives as the "Big Beautiful Bill"—and the devastating consequences it could have for Black households. Rooted in the Joint Center's policy brief, Centering Black Households in the 2025 Tax Debate, the conversation exposes how proposals like extending the 2017 Tax Cuts and Jobs Act would continue to funnel wealth to high-income, disproportionately white households—while offering temporary, shallow benefits to working-class families. Jessica explains how policies that sound equitable on the surface—like tax deductions for tipped workers, child tax credits, and overtime exemptions—actually reinforce economic exclusion. Together, they explore how tax policy has long been used as a tool of racialized wealth-building and why understanding these “wonky” details is essential to building a more equitable economy. They also touch on the dangers of cutting Pell Grants, dismantling agencies that support Black-owned businesses, and using budget reconciliation to pass policies that will have generational consequences. This episode is a powerful call for greater transparency, stronger advocacy, and inclusive policymaking that truly supports all families—not just the wealthiest. Episode Chapters: (00:00) Tax Code, Wealth, and Racial Inequality The Federal Tax Code perpetuates racial inequality, with implications for Black households, through policies like the 2025 Budget Bill. (12:23) Tax Policy and Racial Disparities Changes to child tax credit privilege higher-income households, exclude poorest families, and perpetuate systemic inequities. (23:56) Tax Policy and Worker Income Nature's financial burdens on low-income workers, tax treatment of tips and overtime pay, and erosion of worker protections. (27:28) Tax Policies and Working Class Disadvantages Tax policies can privilege certain workers, have political motivations, and create disparities between demographic groups. (39:47) Tax Code and Racial Disparities Examining how race affects taxation and economic disparities, and the importance of understanding and challenging these systems. Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve Forbes shares his unvarnished reaction to the Federal Reserve's continued refusal to cut interest rates due to its absurd belief in the patently false premise that to control inflation, it must deliberately try to stimulate or depress economic activity.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes explains that in this extremely precarious geopolitical situation, President Trump must stay firm by backing Israel against Iran and Ukraine against Russia.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Congress is in the middle of a high-stakes budget debate that includes fighting over tax policy and funding for many vital public programs. But what's often missing from that budget debate is a focus on the people these decisions affect, especially kids. Professor Jean Junior explains how tax policy choices made on Capitol Hill directly affect health and well-being, and why taxes can be a powerful tool to improve health outcomes for everyone. Drawing from her experience as a pediatrician, Professor Junior challenges us to see policy choices through the eyes of a doctor by putting people's well-being first. For more on this topic: Read Junior's SSN brief, Tax Policy as a Potential Tool for Reducing Infant Mortality. Check out her study, Association of State-Level Tax Policy and Infant Mortality in the United States, 1996-2019.  

Steve Forbes makes the case to abolish or at least substantially reform the Congressional Budget Office, calling out the agency's consistent patterns of error that have consistently misled policymakers and thrown a wet blanket on economy-boosting tax cuts.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steve Forbes makes the case for privatizing Fannie Mae and Freddie Mac, a move that has just been proposed by President Trump.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tax policy has been a core part of the Republican party. A central feature within the GOP, particularly since Reagan, has been cutting taxes for corporations and some of the wealthiest Americans. President Trump, breaking away from traditional party orthodoxy, recently raised the idea of increasing taxes on some of the country's richest. Our guest this week points out that Republicans have made a “devil's bargain” with Trump. Arjun Singh is the co-host and senior producer of the Lever Time podcast. He is also the lead reporter and editor of the Tax Revolt miniseries. He joins WITHpod to discuss historical and contemporary fights over taxes, coalitions effects of MAGA, what the latest intraparty disagreements could portend and more. 


Every bit of political capital should have been spent from day one on securing the authorities and resources for mass removals. Instead, it's been hijacked by tax policy. I first discuss the tax provisions, which are random, bizarre, and, in some cases, pure socialism. We're joined by RJ Hauman, president of the National Immigration Center for Enforcement, who updates us on his concern that the tax focus has overshadowed deportations. He believes that too much of the budgetary scoring is being used for tax provisions or even wasteful border and defense provisions when the key is ICE funding for detention and removal operations. He is also fighting to keep out bad provisions, such as the “gold cards” and paying illegal aliens a bonus to leave. Learn more about your ad choices. Visit megaphone.fm/adchoices