The Deduction  By  cover art

The Deduction

By: Tax Foundation
  • Summary

  • The Deduction is your guide to the complicated world of tax and economics. From the impacts of tariffs and trade wars to debates over who pays and how much, each episode, our experts untangle another aspect of the tax code. Listen to the leading tax podcast! Have a question for one of our experts, let us know here: https://taxfoundation.org/mailbag. Follow us on Twitter @deductionpod: https://twitter.com/deductionpod

    © 2024 Tax Foundation
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Episodes
  • Taxocracy Tales with Scott Hodge
    Apr 23 2024

    All taxes tell a story, and today we’ll explore how taxes influenced Bob Dylan's decision to sell his music catalog, how the "chicken tax" reshaped the auto industry, and how the historic "tax on air and light" had profound effects on architecture and living conditions.

    Scott Hodge, President Emeritus & Senior Policy Advisor at the Tax Foundation, joins host Kyle Hulehan to discuss his new book, Taxocracy: What You Don’t Know About Taxes and How They Rule Your Daily Life.

    Links:
    https://www.amazon.com/Taxocracy-What-About-Taxes-Daily/dp/B0CL3BXBVS


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    Follow us!
    https://twitter.com/TaxFoundation
    https://twitter.com/deductionpod

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    28 mins
  • Survey Says Tax Confusion
    Apr 9 2024

    All Americans are affected by the tax code—but do they understand the tax code? To find out, the Tax Foundation’s educational program, TaxEDU, and Center for Federal Tax Policy conducted a poll with Public Policy Polling. The poll surveyed more than 2,700 U.S. taxpayers over 18 years old—spanning the political spectrum and income distribution—to gauge Americans’ knowledge of basic tax concepts and opinions of the current tax code.

    The results: most Americans are confused by and dissatisfied with the federal tax code.

    Links:

    https://taxfoundation.org/blog/national-tax-literacy-poll-education/

    Support the Show.

    Follow us!
    https://twitter.com/TaxFoundation
    https://twitter.com/deductionpod

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    16 mins
  • Biden’s Budget Blueprint
    Mar 26 2024

    In the context of the 2024 election year, what does President Biden's 2025 budget proposal signify regarding his strategies and priorities as he seeks reelection? And how could these proposals shape the overall landscape of this election cycle?

    Garrett Watson, Senior Policy Analyst and Modeling Manager at the Tax Foundation, joins Kyle Hulehan to discuss the president’s plan—from raising the corporate tax rate to implementing a billionaires' tax—and the longstanding flaws in the budget process.

    Links:

    • Taxing Consumption Progressively Is a Better Way to Tax the Wealthy
    • How Taxing Consumption Would Improve Long-Term Opportunity and Well-Being for Families and Children
    • Tax Calculator: How the TCJA’s Expiration Will Affect You
    • Details and Analysis of Making the 2017 Tax Reforms Permanent
    • How to Rein in the National Debt


    Support the Show.

    Follow us!
    https://twitter.com/TaxFoundation
    https://twitter.com/deductionpod

    Support the show

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    22 mins

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