Vince Colonese
π€ SpeakerAppearances Over Time
Podcast Appearances
What will the effect of that be on the economy? And will we also see government revenues go up as a result of these tax cuts? What do you think?
What will the effect of that be on the economy? And will we also see government revenues go up as a result of these tax cuts? What do you think?
What will the effect of that be on the economy? And will we also see government revenues go up as a result of these tax cuts? What do you think?
Explain it. Explain it.
Explain it. Explain it.
Explain it. Explain it.
Right, because you can't take the full deduction in just one year's time right now. You have to spread it out.
Right, because you can't take the full deduction in just one year's time right now. You have to spread it out.
Right, because you can't take the full deduction in just one year's time right now. You have to spread it out.
Well, this is one of the reasons β so, for instance, there's, I think, a fundamental misunderstanding about how this works because there's been reports through the years, oh, such and such a company didn't pay any taxes this year. Well, the reasoning for that is because they spent so much in capital investment that they were able to deduct off of their taxes.
Well, this is one of the reasons β so, for instance, there's, I think, a fundamental misunderstanding about how this works because there's been reports through the years, oh, such and such a company didn't pay any taxes this year. Well, the reasoning for that is because they spent so much in capital investment that they were able to deduct off of their taxes.
Well, this is one of the reasons β so, for instance, there's, I think, a fundamental misunderstanding about how this works because there's been reports through the years, oh, such and such a company didn't pay any taxes this year. Well, the reasoning for that is because they spent so much in capital investment that they were able to deduct off of their taxes.
But what you're saying is that basically β what Biden allowed to expire, it really constricted capital investment and slowed down the economy.
But what you're saying is that basically β what Biden allowed to expire, it really constricted capital investment and slowed down the economy.
But what you're saying is that basically β what Biden allowed to expire, it really constricted capital investment and slowed down the economy.
By the way, that money is being taxed. Right. For instance, to build this studio, you know, whoever sold us the television, whoever put whoever installed the panels, whoever put in the ceiling, whoever puts in the lights, all that money is going out the door. They have to pay taxes on the income. So that money is being taxed. The government just wants to tax it more.
By the way, that money is being taxed. Right. For instance, to build this studio, you know, whoever sold us the television, whoever put whoever installed the panels, whoever put in the ceiling, whoever puts in the lights, all that money is going out the door. They have to pay taxes on the income. So that money is being taxed. The government just wants to tax it more.
By the way, that money is being taxed. Right. For instance, to build this studio, you know, whoever sold us the television, whoever put whoever installed the panels, whoever put in the ceiling, whoever puts in the lights, all that money is going out the door. They have to pay taxes on the income. So that money is being taxed. The government just wants to tax it more.
Yeah. All right. Well. E.J., thank you for joining us as always. Actually, what I'm going to do, maybe just stick around for a second because I may actually consult with you on this next video I'm going to play. I've got video here and audio for you on the audio podcast of crazy Crockett, Jasmine Crockett, sitting down for an interview. I know. I know you love this stuff.
Yeah. All right. Well. E.J., thank you for joining us as always. Actually, what I'm going to do, maybe just stick around for a second because I may actually consult with you on this next video I'm going to play. I've got video here and audio for you on the audio podcast of crazy Crockett, Jasmine Crockett, sitting down for an interview. I know. I know you love this stuff.