Dec 4, 2017

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

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We get down to the differences between the Senate and House versions of the tax bill, and debt created is one of those differences. Also included is the number of tax brackets, the alternative minimum tax and the amount…

Segments From this episode

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

Dec 4, 2017
Local nonprofits created a private equity fund and found a way to minimize the investment risk.
A homeless man sleeps while a subway rider waits for the train at a subway stop in Boston.
Darren McCollester/Newsmakers

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

Dec 4, 2017
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…

How many tax brackets do we need?

Dec 4, 2017
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…

The AMT is a flashpoint between the two tax bills

Dec 4, 2017
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…

What a small business owner makes of the tax overhaul.

Dec 4, 2017
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,…

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

Dec 4, 2017
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…

Can you tell if these are fake Yeezys?

Dec 4, 2017
The boom in the high-end sneaker market makes counterfeit kicks a real problem.
One of the shoes Eddy Lu brought by our studio. Can you tell if it's real?
Shaheen Ainpour/Marketplace

We get down to the differences between the Senate and House versions of the tax bill, and debt created is one of those differences. Also included is the number of tax brackets, the alternative minimum tax and the amount of the child tax credit. Plus, Marketplace’s Dan Gorenstein is in Boston looking at how to woo investors to a working-class neighborhood in order to create a healthy, mixed-income community, and Kai Ryssdal figures out how to tell the difference between real and fake Nikes with Eddy Lu, CEO of GOAT, an online sneaker resale marketplace that specializes in authenticity.

Music from the episode

Izzo (Hova) Streetwize
Gypsy Queen Gábor Szabó
If It Wasn't for You Handsome Boy Modeling School, De La Soul, Starchild Excalibur
Blow Beyoncé