About this episode
(1/16/23) What was the McCarthy Speakership really all about? Are we seeing a reversion to pre-Obamamian rules in Congress: No more omnibus bills, and no more stimmie checks, either. Why there's a viable risk for lower earnings this year. The new Congress is considering de-funding all those additional IRS Agents; meanwhile, the IRS is helping cope with Inflation by raising the standard deduction: Do you know your effective tax rate? Who really pays taxes...and who doesn't? Why the US has the highest rate of wealth redistribution. SEG-1A: The Fiscal Pig in the Economic Python SEG-1B: The Real Issue Behind the McCarthy House Speakership SEG-2: How IRS is Helping Cope w Inflation Hosted by RIA Advisors' Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch the full shows from which today's segments were taken on our YouTube channel: "How the IRS is Helping You Cope with Inflation" https://www.youtube.com/watch?v=JjaN_zvTl40&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2670s "Reverting to pre-Obamain Rules in Congress" https://www.youtube.com/watch?v=PuzcZVPecjc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1903s -------- Subscribe to our new feature, Before the Bell: https://www.youtube.com/channel/UCFmyKJKseEMQp1d14AjvMUw -------- Articles mentioned in this podcast: "The Lag Effect Of The Fiscal Pig & Economic Python" https://realinvestmentadvice.com/the-lag-effect/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #118thCongress #IRS #Inflation #Recession #Markets #Money #Investing