But right now, lawmakers are locked in a high-stakes budget battle, and no one knows exactly how it’ll end. This episode breaks down why that matters not just politically — but for your wallet, your financial plan, and the decisions you might want to make before the rules change.
Topics Discussed
- The political dynamics influencing tax reform.
- Financial strategies tailored for ER doctors to navigate tax policy changes.
- The House Republicans' challenges in managing a $4.5 trillion limit for tax reforms.
- Potential Senate strategies for extending the TCJA without increasing federal spending.
- Broader financial planning strategies amid uncertain tax policies to maximize benefits and secure financial health.
Resources Mentioned:
Tags:
Tax Cuts and Jobs Act, Tax Reform, Tax Policy, Tax Brackets, SALTCap, Estate Tax, Roth Conversions, Electric Vehicle Purchases, financial planning, emergency medicine, ER doc, ER doctor,