On this episode:
Election week 2024 is upon us, so today, we’re taking a close look at what political shifts could mean for taxes and your overall financial strategy. With the national debt skyrocketing to $36 trillion, the results of this election could significantly influence future tax policies. Join us as we explore the differing approaches to taxation from the two major political parties and how these changes might shape the economic landscape in the years ahead.
Scott reminds us that, while you shouldn’t make investment decisions solely based on who’s in office, it’s important to develop short-term tax strategies in response to these shifts. By staying proactive and informed, you can help ensure your goals remain on track, no matter the political climate.
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Here’s some of what we discuss in this episode:
0:00 – Intro
2:16 – The tax implications of this election
6:07 – What both parties agree on
9:03 – Fiscal responsibility
Resources:
Scott’s Book, A Pilot’s Guide To Maximizing Wealth & Cashflow In Retirement