What Happens to Taxes if Trump or Biden Wins in 2024?

5 months ago
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Are you concerned about the future of our tax system under a potential Biden or Trump presidency? In today's episode of The Brian Nichols Show, host Brian Nichols sits down with Steve Hayes, Chairman of Americans for Fair Taxation, to discuss the stark differences between the two candidates' approaches to taxation and the economy. What would America look like in 2028 under a Biden or Trump administration?

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Steve Hayes paints a vivid picture of two parallel universes: one where Trump's pro-business, less regulatory approach leads to increased economic opportunity, more competitive American products, and higher wages; and another where Biden's government-centric, high-tax policies result in a ballooning national debt, reduced personal freedoms, and a country ruled by bureaucrats who have never held a private sector job. The contrast is striking, and the implications for our future are immense.

The conversation also delves into the intricacies of the FairTax plan, which would replace the current income tax system with a national consumption tax. Hayes and Nichols discuss the challenges of incremental change in Washington, the importance of educating the public about the benefits of tax reform, and the potential for states like Georgia, Nebraska, Alabama, and North Carolina to lead the way by implementing their own versions of the FairTax.

Throughout the episode, Nichols and Hayes emphasize the need for common sense solutions and the power of informed, engaged citizens to effect change. They urge listeners to get involved, stay active, and have meaningful conversations with friends and family about the issues that matter most.

Don't miss this thought-provoking discussion on the future of taxation and the economy under a Biden or Trump presidency. Tune in to The Brian Nichols Show now and discover how you can help shape America's path forward. Visit fairtax.org to learn more about the FairTax plan and join the movement for a fairer, simpler, and more prosperous future.

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