Part 5/7:

As significant as tariffs are the upcoming discussions around tax policies that will influence the U.S. economy. The conversation acknowledged the ambitious agenda set forth by the president-elect, which seeks to undo many policies instituted by the current administration. The crucial question arose: should tax cuts be bundled into a comprehensive package, or should they be prioritized and implemented first?

The guest emphasized that any extension of the 2017 tax bill could effectively result in a tax increase, which would be detrimental in the face of a looming recession. Furthermore, the potential for legislative chaos in the new Congress was a point of concern, particularly with conflicting opinions among Republican representatives regarding their leadership and legislative strategy.