A Permanent Bet on Corporate Tax Cuts?
Update: 2025-07-21
Description
The "One Big Beautiful Bill Act" is here, and it’s making a massive bet that corporate tax cuts are the key to American prosperity. This episode unpacks the core of H.R. 1: making permanent the most business-friendly parts of the 2017 tax law, like immediate expensing for new equipment, and overhauling international tax rules to favor U.S. companies. Proponents say this will unleash a new wave of domestic investment. But critics and the CBO are sounding the alarm, projecting a ballooning national debt and a system that overwhelmingly benefits corporations and wealthy households. So, as of July 21st, 2025, is this the blueprint for economic growth, or a high-stakes gamble with the nation's finances?
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