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How Trump's Tax Bill Affects Small Businesses with EJ Antoni
In this episode of Main Street Matters, Elaine Parker and EJ Antoni from The Heritage Foundation discuss the implications of President Trump's tax reform bill on small businesses. They explore the benefits and drawbacks of the bill, including the small business tax deduction, the SALT deduction, and the need for spending cuts. The conversation also touches on the complexities of legislation and the importance of communicating federal finance to the public.
Read more of EJ's work HERE | https://herit.ag/4kyxN0k
Chapters
00:00 Overview of Trump's Tax Bill
03:23 Impact of Small Business Tax Deductions
06:08 Controversies Surrounding Tax Reforms
10:39 Understanding SALT and Its Implications
11:49 The Sausage-Making of Legislation
15:08 Elon Musk's Perspective on Spending
18:21 The Need for Spending Cuts
22:03 Communicating Federal Finance to the Public
27:01 The Future of Tax Cuts and Small Business Support
#smallbusiness #taxreform #Trump #taxbill #SALTdeduction #economicgrowth #spendingcuts #federalfinance #taxdeductions #smallbusinessowners #legislation
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