Wed, 28 February 2018
CW 968 - Jim Puplava of Financial Sense Newshour, SALT Taxes, Inflation vs Dis-Inflation, Medicare & Social Security Debt
Jason Hartman starts today's episode with some new observations on the GOP Tax Reform, specifically involving depreciation and the changes that have been made to it for real estate investors.
Then Jason talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more.
[3:23] The new tax plan and bonus depreciation
[8:04] The massive change in deductions for major repairs
Jim Puplava Interview:
[13:54] Will the new tax plan expedite people and companies leaving high tax states?
[18:42] Hidden taxes in states like California
[19:48] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout?
[22:42] Jim's current inflation thoughts
[26:12] How much longer can the US continue to kick the can down the road when it comes to the debt?
[29:38] Why double inflation arbitrage is fantastic for real estate investors
[32:52] What the next downturn is going to look like
[38:10] Jason's new theory