The Deduction

Going Bold: Paul Ryan & Kevin Brady on Tax Reform

Ten 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

Is America Financially Illiterate? The Numbers Are Alarming

Most 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,

You Might Owe Taxes in a State You Don’t Live In

Should 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

One Year After "Liberation Day," Did Trump's Tariffs Deliver?

On April 2, 2025, President Trump announced sweeping "reciprocal" tariffs on Liberation Day, promising an investment boom, massive revenue, debt reduction, and lower pric

Should We Tax Artificial Intelligence?

AI 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 Pol

Trump Tariffs Blocked by the Supreme Court (What’s Next?)

Last 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

2025 Tax Review | What OBBBA Changed, the Impact of Tariffs, and What’s Next

The 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

In 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 Supr

Can We Replace the Property Tax?

Property 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 r

Is the OBBBA a Step Back for Tax Simplicity?

In 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

The Big Beautiful Bill's Impact on State Taxes, Explained

Congress 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

Trump Tariffs Explained: Grocery Prices and Rebate Checks

Trump’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

Tax-Free Weekends: When Popular Policy Meets Poor Economics

They’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 fo

Will Trump Accounts Actually Help Families Save?

Who 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 sol

The One Big Beautiful Bill Is Law—Now What?

The 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,

The One Big Beautiful Tax Bill: What’s In It, What’s Out

Congress 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 t

Breaking Down the Senior Deduction in the One, Big, Beautiful Bill

The House-passed reconciliation bill leaves out Trump’s promise to eliminate taxes on Social Security benefits, opting instead to expand the standard deduction for senior

One, Big, Beautiful Bill: The Good, the Bad, and the Ugly

From 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 th

Are Trump’s Tariffs Legal? Here’s What the Courts Say

It’s been a whirlwind 24 hours in tariff news: first, a trade court blocked Trump’s sweeping new tariffs, calling them executive overreach. Then, a federal appeals court

The One Big Beautiful Bill, Explained

We break down the House GOP’s One, Big, Beautiful Bill—a sweeping tax package designed to extend key parts of the 2017 Tax Cuts and Jobs Act before they expire in 2026.