Marketplace Marketplace

with Kai Ryssdal

08/30/2017: The White House doesn't have a tax plan

President Trump laid out his tax plan during a speech in Springfield, Missouri, today. Except, well, the White House has more of a sheet of bullet points than a plan. There are no details, although the president laid out four principles of tax reform, which we'll talk through at the top of the show. Then: According to FEMA, 40 percent of businesses that close during a disaster never reopen. And of those that do, nearly a quarter fail within a year. There are any number of reasons for that, but when it comes to floods, there's a certain structural problem that has to do with the National Flood Insurance Program. Plus: Will electric cars put mechanics out of business?

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Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 14 million weekly listeners. This makes the Marketplace portfolio the most widely heard business or economic programming in the country.