your business in 2025 with guest and Senior Analyst, Garrett Watson.
Garrett Watson is Director of Policy Analysis at the Tax Foundation, where he conducts
research on federal and state tax policy. His work has been featured in the Washington Post,
The Atlantic, Politico, the Associated Press and other major outlets.
In this episode, discover how the process works so you can plan accordingly, how we may
navigate the deficit, and what policymakers in Congress are considering for their legislative
package in 2025.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You
to Make” at: https://winwinwealthstrategy.com/
00:00 - Intro.
02:20 - Will tax reductions actually generate growth?
06:11 - 2017 vs. 2025: Tax Growth & Tax Reduction Projections
14:04 - Investment or consumption?
20:25 - Extending the 2017 Law
24:51 - Investment Provisions
28:45 - Corporate Tax Rate Deduction
32:41 - State Local Tax Deduction
39:19 - Taxing Tips
44:44 - Other Taxes
51:36 - ERTC
Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax.
https://wealthability.com/tom/
**********************************
PODCAST: WealthAbility®
**********************************
Listen & Subscribe on iTunes, Stitcher & Spotify! https://wealthability.com/show
YouTube Playlist https://www.youtube.com/playlist?
list=PLydsKeyc6R5yuFA9nSBycu9Rj2jfdPN-f
**********************************
Resources
**********************************
Tom’s Book: Tax-Free Wealth https://taxfreewealthbook.com
Visit WealthAbility® https://wealthability.com/
Sign up for Tom’s Free Weekly Report https://wealthability.com/getreport/
Schedule A Call With My Team https://wealthability.com/schedulecall/
***********************************
Social Media
***********************************
Facebook (Tom Wheelwright) https://www.facebook.com/Tom.Wheelwright.CPA/
Facebook (WealthAbility®) https://www.facebook.com/4wealthability/
Twitter (WealthAbility®) https://twitter.com/WealthAbility
Instagram (WealthAbility®) https://www.instagram.com/wealthability_now/
Youtube (Tom Wheelwright) https://www.youtube.com/@TomWheelwrightCPA
Looking for more on Garrett Watson?
Website: taxfoundation.org
DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials
provided have been prepared for informational purposes only, and are not intended to provide
tax, legal or accounting advice. The materials may or may not reflect the most current
legislative or regulatory requirements or the requirements of specific industries or of states.
These materials are not tax advice and are not intended or written to be used, and cannot be
used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers
should consult their own tax, legal and accounting advisors before applying the laws to their
particular situations or engaging in any transaction.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.