This podcast discusses potential tax cuts under a new Trump administration. The hosts explore the likelihood of extending existing tax policies, the possibility of lower corporate tax rates (potentially achieved through domestic tax credits), and potential impacts on different sectors and individual taxpayers (e.g., child tax credit). They analyze the macroeconomic implications, noting that extending current policies might not significantly boost GDP growth, while new initiatives could take years to show effects. The discussion concludes by considering the political constraints on passing a large tax package, suggesting a smaller, more targeted approach is more realistic.
