The Deduction
by Tax Foundation
Latest episode
The 2026 Ballot Measures Shaping State Taxes
The 2026 Ballot Measures Shaping State Taxes
About this podcast
The Deduction is your guide to the complicated world of tax and economics. From the impacts of tariffs and trade wars to debates over who pays and how much, each episode, our experts untangle another aspect of the tax code. Listen to the leading tax podcast! Have a question for one of our experts, let us know here: https://taxfoundation.org/mailbag. Follow us on Twitter @deductionpod: https://twitter.com/deductionpod
Episodes
The newest 20 of 124 episodes
- The 2026 Ballot Measures Shaping State Taxes · 35 minWhat happens when voters decide tax policy directly? This November, roughly 40 tax measures are on the ballot across 17 states. Some states want higher taxes on top earners…
- California's Wealth Tax Explained (And Why It Might Fail) · 35 minCalifornia's billionaire tax is on the ballot this November, and it raises more questions than answers. From lost government revenue to legal battles that could drag on for…
- Going Bold: Paul Ryan & Kevin Brady on Tax Reform · 43 minTen years ago, then-Speaker Paul Ryan and Ways and Means Chairman Kevin Brady released the “Better Way” Tax Plan, the blueprint that would eventually become the Tax Cuts and Jobs…
- Is America Financially Illiterate? The Numbers Are Alarming · 20 minMost Americans don't understand how the tax code works, and it's costing them. In this episode of The Deduction, host Kyle Hulehan sits down with Zoe Callaway, VP of Education at…
- You Might Owe Taxes in a State You Don’t Live In · 41 minShould you have to file a tax return in a state where you babysat for one hour? In 22 states, the answer is technically yes. In this episode of The Deduction, host Kyle Hulehan…
- One Year After "Liberation Day," Did Trump's Tariffs Deliver? · 39 minOn April 2, 2025, President Trump announced sweeping "reciprocal" tariffs on Liberation Day, promising an investment boom, massive revenue, debt reduction, and lower prices. One…
- Should We Tax Artificial Intelligence? · 37 minAI is everywhere, and now it's in the tax policy debate. In this episode of The Deduction, hosts Kyle Hulehan and Erica York sit down with Alex Muresianu, Senior Policy Analyst…
- Trump Tariffs Blocked by the Supreme Court (What’s Next?) · 19 minLast Friday, the Supreme Court struck down President Trump’s IEEPA tariffs in a landmark 6-3 decision. In this episode of The Deduction, hosts Kyle Hulehan and Erica York break…
- 2025 Tax Review | What OBBBA Changed, the Impact of Tariffs, and What’s Next · 52 minThe One Big Beautiful Bill Act capped off a hectic year for tax policy. It extended key Tax Cuts and Jobs Act provisions, reshaped the outlook for 2026, and raised fresh…
- Trump’s Tariffs Head to the Supreme Court · 26 minIn this episode of The Deduction podcast, host Kyle Hulehan and co-host Erica York are joined by Alex Durante, Senior Economist at the Tax Foundation, to discuss the Supreme…
- Can We Replace the Property Tax? · 24 minProperty tax repeal would put roughly 70 percent of local tax revenue on the line—forcing states and localities to find something else. Can sales or income taxes really replace…
- Is the OBBBA a Step Back for Tax Simplicity? · 25 minIn this episode of The Deduction, host Kyle Hulehan discusses the complexities of the US tax system with Alex Muresianu, Senior Policy Analyst at the Tax Foundation. They delve…
- The Big Beautiful Bill's Impact on State Taxes, Explained · 22 minCongress may have passed the One Big Beautiful Bill Act (OBBBA), but state lawmakers now face big choices. Most states link their tax codes to the federal system, meaning OBBBA’s…
- Trump Tariffs Explained: Grocery Prices and Rebate Checks · 29 minTrump’s 2025 tariffs will hit nearly three-quarters of US food imports, raising prices on products that are often difficult or impossible to produce domestically. Senator Hawley…
- Tax-Free Weekends: When Popular Policy Meets Poor Economics · 17 minThey’re popular, highly visible, and marketed as tax relief—but research shows sales tax holidays are inefficient, create compliance headaches, and often miss the mark for the…
- Will Trump Accounts Actually Help Families Save? · 17 minWho are Trump Accounts really for, and will they actually help families save? With yet another savings vehicle added to an already confusing system, do these accounts solve a…
- The One Big Beautiful Bill Is Law—Now What? · 35 minThe One Big Beautiful Bill is now law—but what does it actually do? In this episode, we break down the new tax law’s key provisions, including who benefits, who doesn’t, and what…
- The One Big Beautiful Tax Bill: What’s In It, What’s Out · 14 minCongress is racing to pass the One Big Beautiful Tax Bill before the July 4 deadline. In this episode, Kyle Hulehan and Erica York break down what just happened over the weekend…
- Breaking Down the Senior Deduction in the One, Big, Beautiful Bill · 17 minThe House-passed reconciliation bill leaves out Trump’s promise to eliminate taxes on Social Security benefits, opting instead to expand the standard deduction for seniors. In…
- One, Big, Beautiful Bill: The Good, the Bad, and the Ugly · 25 minFrom generous tax breaks to costly trade-offs, the House GOP’s One, Big, Beautiful Bill has a little of everything. It’s a sweeping attempt to extend key provisions of the 2017…
