4.6 • 16K Ratings
🗓️ 8 April 2025
⏱️ 39 minutes
🧾️ Download transcript
Tax season is here, and so is the debate about what you owe and why. Cato Institute’s Adam Michel joins us to break down the policies behind your tax return—from the 2017 Tax Cuts and Jobs Act to what’s at stake if key provisions expire in 2025. We cover how the law affected everyday Americans, why claims about corporations and the rich not paying their “fair share” fall apart, and what an ideal tax system could actually look like.
Adam Michel is the Director of Tax Policy Studies at Cato Institute. Read his updates on tax and fiscal policies at https://adamnmichel.substack.com/ and follow him on X at @adamnmichel.
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0:00.0 | We hold these truths to be self-evident. |
0:02.1 | That all men are created. |
0:03.4 | As a member of Congress, I get to have a lot of really interesting people in the office. |
0:07.3 | Experts on what they're talking about. |
0:08.9 | This is the podcast for insights into the issues. |
0:11.6 | China, bioterrorism, Medicare for all, in-depth discussions. |
0:16.0 | Breaking it down into simple terms. |
0:17.9 | We hold. |
0:18.7 | We hold these truths. |
0:20.1 | We hold these truths. with Dan Crenshaw. |
0:23.7 | Welcome back. Folks, it's a tax season is upon us. So you're hating your life. And I'm dreading it. |
0:29.5 | We're all, we're all thinking of procrastinating and pushing that deadline off as much as possible. |
0:34.9 | And as our annual celebration of taxes go, we will do a tax |
0:40.1 | podcast and you will learn all you need to know about taxes, not how to do your own. I don't know |
0:45.7 | how to do it. I don't think this guy knows how to do them. But he does know a lot about tax |
0:49.6 | policy. That's what we're going to talk about. Adam, Michelle, thanks for being on. |
0:52.3 | Thanks for having me on. I'm excited to be here. So Adam is the director of tax policy studies at Cato Institute. |
1:00.1 | Before that, a bunch of different think tanks from Northern California. Welcome, Adam. Thanks for being here. |
1:06.0 | Yeah. So let's get right to it. I mean, we'll talk about specific stuff and obviously reconciliation bill that I think my audience |
1:14.6 | has probably heard enough about by now, you know, is mainly driven at keeping the TCGA, the |
1:20.6 | Tax Cut and Jobs Act in place, or at least certain provisions of it. |
1:25.3 | We'll see how that goes. |
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