12/04/2017: What’s another $1 trillion?

Segments From This Episode

• Investors make a bet to lift Boston-area neighborhood out of poverty

  by Dan Gorenstein

  

  Local nonprofits created a private equity fund and found a way to minimize the investment risk.

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• How the child tax credit would change under the House and Senate proposals

  by Mitchell Hartman

  Now that the House and Senate have passed their versions of the tax bill, Republicans are going to start negotiating which items will be included in the final plan. Both the House and Senate would increase the child tax credit and make folks with higher incomes eligible. Critics say lower-income families would be largely left […]

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• How many tax brackets do we need?

  by Marielle Segarra

  The GOP has promised its tax plan would ultimately create a simpler tax system for individuals. Key to that is a reduction in the number of tax brackets from the current seven. The House bill does that, taking them to four and lowering the rates. The Senate, though, sticks with seven, albeit at slightly lower […]

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• The AMT is a flashpoint between the two tax bills

  by Tracey Samuelson

  So now we have two GOP tax plans that must now become one. Among the variations between the House and Senate bills is the individual alternative minimum tax. That’s the idea that there should be some minimum tax rate so the wealthy can’t deduct or exempt their way out of taxes entirely. Doing away with […]

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• What a small business owner makes of the tax overhaul.

  by Kai Ryssdal and Shaheen Ainpour

  Is the proposed tax overhaul really a boon for small business? We checked in with Austin Golding, co-owner of Golding Barge Line in Vicksburg, Mississippi, to find out his perspective. “It seems like every time there’s a discussion about it, there’s a different provision or different nuance to it, but we’ve definitely been trying to […]

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• The GOP tax plan and the federal debt … why does it matter?

  by Amy Scott

  The tax cuts the Senate approved in the wee hours of Saturday morning are expected to add at least $1 trillion to the federal deficit over the next decade. That’s according to the Senate’s own Joint Committee on Taxation. And that’s after taking into account a boost to economic growth generated by tax cuts. So […]

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• Can you tell if these are fake Yeezys?

  by Kai Ryssdal and Shaheen Ainpour

  

  The boom in the high-end sneaker market makes counterfeit kicks a real problem.

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