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Fastest Four: Takeaways from the Big Beautiful Bill

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Manage episode 495121503 series 3033836
Content provided by GenWealth Financial Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by GenWealth Financial Advisors 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://podcastplayer.com/legal.

The “One Big Beautiful Bill” just became law—and it’s already shaking up the financial landscape. In this episode of the Fastest 4 Minutes in Finance, Scott Inman breaks down the 6 most important takeaways from the 869-page legislation.

Here’s what you’ll learn:

  • Why the national debt is expected to increase despite $1.2 trillion in spending cuts
  • How permanent 2017 tax cuts could save middle-class families billions
  • The surprising new deductions you might qualify for—like tips, overtime, and U.S.-made car interest
  • Major changes to SALT deductions and estate tax thresholds
  • The phase-out of clean energy credits and EV tax breaks
  • How new business deductions could drive economic growth

Want more insights? Read the full LPL Research breakdown here: https://www.lpl.com/research/blog/one-big-beautiful-bill-act--six-takeaways.html

  continue reading

663 episodes

Artwork
iconShare
 
Manage episode 495121503 series 3033836
Content provided by GenWealth Financial Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by GenWealth Financial Advisors 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://podcastplayer.com/legal.

The “One Big Beautiful Bill” just became law—and it’s already shaking up the financial landscape. In this episode of the Fastest 4 Minutes in Finance, Scott Inman breaks down the 6 most important takeaways from the 869-page legislation.

Here’s what you’ll learn:

  • Why the national debt is expected to increase despite $1.2 trillion in spending cuts
  • How permanent 2017 tax cuts could save middle-class families billions
  • The surprising new deductions you might qualify for—like tips, overtime, and U.S.-made car interest
  • Major changes to SALT deductions and estate tax thresholds
  • The phase-out of clean energy credits and EV tax breaks
  • How new business deductions could drive economic growth

Want more insights? Read the full LPL Research breakdown here: https://www.lpl.com/research/blog/one-big-beautiful-bill-act--six-takeaways.html

  continue reading

663 episodes

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