Former House Ways and Means Committee chair Kevin Brady, R-Texas, and ‘Moore Money’ host Steve Moore weigh in on what President Trump’s trade deals and aspiring tax cuts mean for the stock market on ‘Kudlow.’ #trump #trading #congress #economy #foxbusiness
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Fox News clips age like unpasteurized milk.
Keep the commentary questions shorter, David.
The benchmark S&P 500 (^GSPC) dropped around 0.2% The tech-heavy Nasdaq Composite (^IXIC) fell around 0.1%, but i heard people are profiting and racking over $350k from all of this through some insider trade… any idea how i can profit from this as well?
PLAIN & SIMPLE! Trump's tariffs will SKYROCKET INFLATION! U. S. Companies pay more & incur ALL ZTHE COSTS o ft good fed they huy. Then they pass those v increases on WE THE PEOPLE!
The proposed tariff plan is likely to trigger high inflation, a prospect that keeps many retirees up at night. The resulting surge in everyday expenses threatens to deplete their savings, leaving them financially vulnerable. Although inflation-driven increases in retirement account withdrawals may provide some relief, the escalating cost of living poses a significant risk to retirees' long-term financial security.
Make it happen flawlessly. No procedural screw up or the Dems will tie it up for ever
Real Americans are support what Trump is doing.
That how bad things are for decades, no body even try or have the guts to fix it. Now we have person that is strong and not afraid to fix it that President TRUMP.
Tariffs are necessary -we can defeat tax laws with tariffs to run our country. Gov's job 1) Protect property rights 2) Provide National Defense & 3) Infrastructure of the nation. Focus and make government self supporting without tax from the people.
Can you imagine if one of the parties put forth a tax bill that contained no poison pills?
The Trump legacy, full of tariffs and trade restrictions is killing the market. Post election, is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k, Are there tips I could apply to help me grow my portfolio even more during this recession season
Well, look at me, sitting on my $95k throne, ready to conquer the stock market after watching this YouTube gem! Trump’s tariff moves are being called a “historic breakthrough,” but I’m side-eyeing the hype—economists cheering or just chasing clout? Gonna dive into some blue-chip stocks anyway, wish me luck!
I’m praying for a miracle 🙏
Yeah, one Republican senator. RINO uniparty McCane. A h o l e.
U experts were wrong on the tariffs! Appreciate your humility.
Then to pay it all back it’s a big stress!
All is good except I’m still using my credit card for food ! Credit card is so maxed out
No they got 6 republicans that always vote against trump
They need to make trumps EO into law
Trump's handling of the economy has been moronic and inept. The world thinks we're dangerous stupid.
Our glorious fearless leader president Donald john Trump will do it again. The only president who actually cares.
We will have to wait to see if this is too good to be true. I love it and will pray it will pass.😅😅😅
Make it happen Republicans, prove common sense nix the mad noise democ rats
Trump can do it all.
What economic miracle??..what a joke..most of the benefits of the new tax bill will go to the 1%..this will cause additionaly 400 billion per year to the federal 3:20 deficit….
Tariffs, taxes on imported goods, had been the primary source of federal revenue for much of American history. However, their revenue became inadequate as government spending increased, particularly after World War I. Additionally, tariffs could be unstable, fluctuating with international trade dynamics and potentially leading to retaliatory measures. AS SOON AS TARIFF BOY GOT IN OFFICE AGAIN THIS IS EXACTLY WHAT HE STARTED DOING.
The income tax, particularly its progressive structure, offered a more stable and potentially larger revenue stream. It also shifted the tax burden from consumers of imported goods towards high-income individuals, who were seen as better able to contribute to government funding. THIS IS WHY TRUMP WANTS THE TARIFFS. IT SHIFTS THE BURDEN FROM THE RICH TO THE CONSUMER.
The income tax was designed to be progressive, meaning that higher earners pay a larger percentage of their income in taxes. This was seen as a more equitable way to fund the government than relying solely on tariffs, which tend to be regressive, impacting lower-income individuals more heavily. YES LET TARIFFS SCREW THE POOR CONSUMER AND NOT THE RICH.
The transition to income tax also reflected shifting political landscapes and economic realities. The rise of industrialization and the growing awareness of income inequality influenced the need for a tax system that could reflect these changes.
Revenue Act of 1913: TARIFFS WERE THE REASON WE WENT TO INCOME TAX AND AT THAT TIME THE RICH PAID THEIR FAIR SHARE. NOW THE RICH HAVE BOUGHT OFF CONGRESS SO MANY TIMES THEY PAY PRACTICALLY NOTHING NOW. TARIFFS WILL NEVER WORK IN THIS DAY AND AGE.
Repyblicans need to get off their butts and go get it done..
Oh look…..Monday pre-market
Donnie down again.
What a surprise!
SAVE AMERICA TAX THE RICH NOW
Trump can't think through anything. Used A1 to dream up tariff formula. Look how well that's gone and the empty shelves are still 3 weeks away. Trumps a clown and this time he made SURE NO ONE IN HIS ADMINISTRATION IS SMARTER THAN HIM. Lord Save US
This may not age well. How about we all bookmark this video and come back to the comments section in fall?
So you loose 400,000. Then you win 350,000. And your ahead of the game???
The Bye-done administration was a disgusting freak show. Just look at what that bumbling fool had as his cabinet members and supporters. Not to mention Commie-la. What a troupe of unfunny jokesters. Traitorous misfits.
Steve Moore suffers from selective amnesia! He hates national debt and deficit when a democrat is in the Oval Office, and criticize democrats on tv and on his columns in print media. However, amnesia sets in as soon as a republican takes over presidency and added more debt and deficit because of tax cuts without cutting spending!
No flat tax
Trump added 8 trillion dollars to the national debt during his first term … and still people think that this was successful? OMG … it’s DEBT and future generations will have pay it back … maybe schools should start educating people about basic economics.
nice
Just get the thing done…stop all the hot air and playing peacocks. Do what voters demanded.