Jun 6, 2017

06/06/2017: Do tax cuts automatically lead to economic growth?

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Let's say Trump's tax plan that has yet to be introduced to Congress does get passed. How long would it take for tax cuts to jolt the economy? We ask tax experts. Also on the show: Amazon offers a discount on Prime memberships for people receiving government assistance. What's behind the move? Amazon, again, is going toe-to-toe with Walmart. Plus, we talk to Forbes reporter Chloe Sorvino, who scored an interview with a very private billionaire in Denver whose company controls 85 percent of the pizza cheese market.

Segments From this episode

Would E-Verify keep undocumented workers off payrolls?

Jun 6, 2017
Advocates of stronger immigration enforcement want to require employers to use the online vetting system.
Immigrant laborers Jose, right, from Mexico, and Christian, from Honduras, perform "house leveling" work on a damaged home in New Orleans.
Mario Tama/Getty Images

GM wards off stock split as investors demand higher profits

Jun 6, 2017
The automaker is competing against electric and autonomous car companies as well as Ford and Honda.
General Motors CEO Mary Barra speaks at the company's annual meeting June 6 in Detroit. 
Photo by Bill Pugliano/Getty Images

Amazon takes aim at the low-income shopper

Jun 6, 2017
Amazon announced a plan today that will make its Prime membership cheaper for people receiving government assistance. If you’re getting food stamps, say, Amazon will sell you Prime for about $5.99 a month. That’s less than the full-price monthly option of $10.99. Behind the move: Amazon, again, is going toe-to-toe with Walmart. Click the audio […]

California needs electric cars and it wants China's help to get them

Jun 6, 2017
As President Trump announced the U.S. was pulling out of the Paris climate change agreement, California Gov. Jerry Brown headed to China. Among his goals? To encourage China’s progress on electric vehicles, because California will need a lot more of those to meet its climate change goals. Click the audio player above to hear the […]

There's a pizza cheese empire, and you've probably never heard of it

Jun 6, 2017
Pizza Hut, Papa John's and Domino's all buy mozzarella from Leprino Foods.
Joe Raedle/Getty Images

Do tax cuts automatically lead to economic growth?

by
Jun 6, 2017
It depends on what kind of taxes are cut and how they are paid for.
Office of Management and Budget Director Mick Mulvaney discusses the Trump administration's proposed fiscal year 2018 budget at a press conference. The $4.1 trillion budget would cut programs for the poor while offering big tax cuts for the wealthy.
Chip Somodevilla/Getty Images

U.S. and Mexico resolve sticky dispute over sugar imports

Jun 6, 2017
The U.S. and Mexico announced a deal on sugar exports today. The agreement comes after years of dispute between the two nations and gives better terms to the powerful American sugar lobby. The negotiations have been tough, and officials are relieved to have avoided an all-out trade war over sugar. But prices for the sweet […]

Let’s say Trump’s tax plan that has yet to be introduced to Congress does get passed. How long would it take for tax cuts to jolt the economy? We ask tax experts. Also on the show: Amazon offers a discount on Prime memberships for people receiving government assistance. What’s behind the move? Amazon, again, is going toe-to-toe with Walmart. Plus, we talk to Forbes reporter Chloe Sorvino, who scored an interview with a very private billionaire in Denver whose company controls 85 percent of the pizza cheese market.

Music from the episode

Punga Klingande
Compass Point Holy Ghost!
Girls On T.V. Tashaki Miyaki
Turino Sun Sébastien Tellier