Latest / Financial Survival Network
Debt, Taxes, & 2024 Election Market Shifts - Ed Siddell #6176
During the meeting led by Kerry Lutz, Ed Sidell provided an analysis of the current economic landscape, highlighting the disparity between strong GDP figures and negative public sentiment driven by inflation from government spending, which has reached $6.75 trillion in fiscal year 2024. Concerns were raised about the national debt potentially reaching $36 trillion by election day, alongside a discussion of Trump's proposal to eliminate federal income tax, which Sidell deemed feasible if accompanied by a VAT, and the potential benefits of reducing the business tax from 21% to 15% to stimulate…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.