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Tax Expert Breaks Down Trump's 3 New Tax Proposals
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Throughout his campaign, former President Donald Trump has announced a wide variety of tax proposals. Many of these proposals would result in substantial changes to the U.S. tax system if they became law. As a result, it is crucial for voters to understand all of the tax proposals that Trump is making.
In this video, tax expert Karlton Dennis breaks down some of the most recent tax proposals that Trump has made. These tax proposals involve interest on auto loans, double taxation for Americans living overseas, and tariffs for auto imports. All three of these proposals are proposals that are unique to Trump and that Kamala Harris has not made.
At the end of the video, Karlton Dennis also answers a question from a subscriber that was asked on a different video that he published. This question is related to other tax proposals that Trump has made on the campaign trail. The election is right around the corner. So, this video can help people understand some key issues for the election.
CHAPTERS:
0:00 Intro
0:33 Proposal #1: Eliminating Double Taxation for Americans Living Abroad
3:54 Proposal #2: Making Interest on Auto Loans Deductible
6:57 Proposal #3: Higher Tariffs for Mexican Auto Imports
9:29 Subscriber Question!
10:29 Outro
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
#uselection #trump #trumptaxes
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