Today’s show discusses further details on Trump’s ‘Big Beautiful Bill’ tax proposals. Why target total cost was reduced by Congress from $4.5T to $3.8T. Impacts on wealthies1% and,1% and median income households. Backtracking on ‘working class’ cuts (tips, overtime, social security income & no tax hikes on carried interest and stock buybacks or corporate tax cut rates, as the tax package begins to look more and more favoring capital incomes and businesses. Update on Ukraine war negotiations follows. Why Putin won’t meet with Trump soon & Russia warns Ukraine if no settlement it will take a 5th province and maybe more. Russia new offensive coming soon. No real negotiations until fall 2025.
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