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5 Tax Changes That Could Transform the Economy
In this episode of Know Your Numbers REI Podcast, Chris McCormack shares 5 bold changes he would make to the tax code, from flat taxes and eliminating property tax to removing Social Security and capital gains taxes.
One of the biggest takeaways? Many people paying into Social Security today may never see the benefits they expect and that raises serious questions about how we plan for the future.
Inside this episode:
Why a flat income tax could boost the economy
The case against property taxes on your home
How self-employment tax hurts small business owners
The truth about Social Security’s sustainability
Why removing capital gains tax could unlock more investment
This isn’t just theory, it’s about rethinking how money flows, grows, and impacts your future.
Like, follow, and share if you want smarter conversations around taxes, wealth, and financial freedom.
••••••••••••••••••••••••••••••••••••••••••••
➤➤➤ To become a client, schedule a call with our team
➤➤ https://www.betterbooksaccounting.co/contact
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Connect with Chris McCormack on Social Media
Facebook: https://www.facebook.com/chrismccormackcpa
LinkedIn: https://www.linkedin.com/in/chrismccormackcpa
Instagram: https://www.instagram.com/chrismccormackcpa
Join our Facebook Group: https://www.facebook.com/groups/6384369318328034
→ → → SUBSCRIBE TO BETTER BOOKS’ YOUTUBE CHANNEL NOW ← ← ←
https://www.youtube.com/@chrismccormackcpa
The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
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By Chris McCormack
4.8
1313 ratings
In this episode of Know Your Numbers REI Podcast, Chris McCormack shares 5 bold changes he would make to the tax code, from flat taxes and eliminating property tax to removing Social Security and capital gains taxes.
One of the biggest takeaways? Many people paying into Social Security today may never see the benefits they expect and that raises serious questions about how we plan for the future.
Inside this episode:
Why a flat income tax could boost the economy
The case against property taxes on your home
How self-employment tax hurts small business owners
The truth about Social Security’s sustainability
Why removing capital gains tax could unlock more investment
This isn’t just theory, it’s about rethinking how money flows, grows, and impacts your future.
Like, follow, and share if you want smarter conversations around taxes, wealth, and financial freedom.
••••••••••••••••••••••••••••••••••••••••••••
➤➤➤ To become a client, schedule a call with our team
➤➤ https://www.betterbooksaccounting.co/contact
••••••••••••••••••••••••••••••••••••••••••••
Connect with Chris McCormack on Social Media
Facebook: https://www.facebook.com/chrismccormackcpa
LinkedIn: https://www.linkedin.com/in/chrismccormackcpa
Instagram: https://www.instagram.com/chrismccormackcpa
Join our Facebook Group: https://www.facebook.com/groups/6384369318328034
→ → → SUBSCRIBE TO BETTER BOOKS’ YOUTUBE CHANNEL NOW ← ← ←
https://www.youtube.com/@chrismccormackcpa
The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.