Tax breaks are brewing. Benefits are ballooning. Revenue worries are rising.
Trump's latest tax proposals could transform your wallet's future overnight.
Will tip workers celebrate? Can caregivers catch a break? What happens when Social Security loses more funding?
We're diving deep into these game-changing proposals on this week's podcast, featuring our special guest and managing editor Karla Bowsher. Follow along with her viral article "8 Groups Who Can Expect New Tax Breaks Under Trump" as we break down each potential tax change.
It could save you thousands.
And to stay informed on the latest tax developments, subscribe to the Money Talks News newsletter and YouTube channel now. Your accountant will thank you!
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Click to watch: "8 Groups Who Can Expect New Tax Breaks Under Trump"
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Chapter Markers:
0:00 - Introduction & Overview
2:01 - Tax-Free Tips Proposal
6:36 - First-Time Homebuyer Benefits
10:15 - Unpaid Caregiver Tax Credits
13:42 - Overtime Tax Elimination
15:55 - Social Security Tax Changes
19:32 - Car Loan Interest Deductions
21:17 - SALT Deductions
22:38 - Americans Abroad & Conclusions