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Taxes Are Going Up: The Ugly Truth About The Big Beautiful Bill, The Trump Tax Cuts, and Social Security

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Manage episode 484065044 series 1081845
Content provided by Radio America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Whether or not the “Big Beautiful Bill” passes, your taxes are going up—and the truth is in the math that no one in Washington wants to talk about. From expiring Trump-era tax cuts to ballooning Social Security costs, the path we’re on leads to massive debt, higher taxes, and economic instability.
This episode gets into:
  • 2017 tax cuts set to expire by 2025, raising taxes across the board
  • Debt-to-GDP could hit 129% with gimmicks made permanent
  • Social Security and Medicare are now driving 100% of spending growth
  • Payroll taxes may need to rise 28% just to stay afloat
  • Real solutions no one is proposing—like giving taxpayers back their Social Security input
This is math, not politics.
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
  continue reading

1701 episodes

Artwork
iconShare
 
Manage episode 484065044 series 1081845
Content provided by Radio America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Whether or not the “Big Beautiful Bill” passes, your taxes are going up—and the truth is in the math that no one in Washington wants to talk about. From expiring Trump-era tax cuts to ballooning Social Security costs, the path we’re on leads to massive debt, higher taxes, and economic instability.
This episode gets into:
  • 2017 tax cuts set to expire by 2025, raising taxes across the board
  • Debt-to-GDP could hit 129% with gimmicks made permanent
  • Social Security and Medicare are now driving 100% of spending growth
  • Payroll taxes may need to rise 28% just to stay afloat
  • Real solutions no one is proposing—like giving taxpayers back their Social Security input
This is math, not politics.
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
  continue reading

1701 episodes

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