mr. cass. democrats can call in at (202) 748-8000. republicans can call in at (202) 748-8001. independents at (202) 748-8002. we have talked about what is happening in the white house but republicans have gained control of congress. a big thing on their agenda is going to be taxes with the expiration of the provisions of the 2017 tax cuts and jobs act. you have something about this. the coming tax cuts will not be what you are expecting. what do you think most people are expecting and what should we expect instead? guest: i wrote about it this week. understanding america, that's what it's about, trying to understand what is going on that a lot of times i think is different from what people are expecting. this tax break is a great example. if you think back to 2017, the republicans pushed very hard on a large tax cut that was not paid for at all. they went straight into a bigger deficit. and the argument was somehow, you heard the phrase it will pay for itself somehow. the reality is it didn't.

host: we'll be taking your calls with questions for mr. cass. democrats, 202-48468000. republicans, 202-484-68001. republicans have also gained control of congress and a big thing on their agenda when they come into office is going to be taxes with the eggs persuasion of some provisions of the 2017 tax cuts and jobs act and you actually have something on your sub stack about this. the coming tax fight will not be what you're expecting. what do you think most people are expecting and what should we expect instead? >> i wrote about in in a subtext called understanding america. really trying toe understand what's going on that a lot of times i think is different from what people are expecting. this tax fight is a great example. if you think back to 2017, the republicans pushed very hard on a large tax cut that wasn't paid for at all. it just went straight into a bigger deficit and the argument was somehow -- you've heard the phrase that it will pay for itself somehow and the reality is that it didn't. i think there isn't any dispute at this point that it added instantly to

mr. cassmocrats can call in at (202) 748-8000. republicans can call in at (202) 748-8001. independents at (202) 748-8002. we have talked about what is happening in the white house but republicans have gained control of congress. a big thing on their agenda is going to be taxes with the expiration of the provisions of the 2017 tax cuts and jobs act. you have something about this. the coming tax cuts will not be what you are expecting. what do you think most people are expecting and what should we expect instead? guest: i wrote about it this week. understanding america, that's what it's about, trying to understand what is going on that a lot of times i think is different from what people are expecting. this tax break is a great example. if you think back to 2017, the republicans pushed very hard on a large tax cut that was not paid for at all. they went straight into a bigger deficit. and the argument was somehow, you heard the phrase it will pay for itself somehow. the reality is it didn't. i d

mr. casscrats can call in at (202) 748-8000. republicans can call in at (202) 748-8001. independents at (202) 748-8002. we have talked about what is happening in the white house but republicans have gained control of congress. a big thing on their agenda is going to be taxes with the expiration of the provisions of the 2017 tax cuts and jobs act. you have something about this. the coming tax cuts will not be what you are expecting. what do you think most people are expecting and what should we expect instead? guest: i wrote about it this week. understanding america, that's what it's about, trying to understand what is going on that a lot of times i think is different from what people are expecting. this tax break is a great example. if you think back to 2017, the republicans pushed very hard on a large tax cut that was not paid for at all. they went straight into a bigger deficit. and the argument was somehow, you heard the phrase it will pay for itself somehow. the reality is it didn't. i don

. >> we'll be taking your calls with questions for mr. cass. democrats can call in at 202-748-8000. republicans at 202-748-8001. independents at 202-748-8002. we've talked about what's happening in the white house, but republicans have also gained control of congress and a big thing on their agenda when they come into office is going to be taxes with the expiration of some of the provisions of the 2017 tax cuts and jobs act and you have something on your sub stack about this. the coming tax fight will not be what you're expecting. so, what do you think most people are expecting, and what should we expect instead? >> i just -- i wrote about this week at the substack's called "understanding america" because it -- that's what it's about is in all of these dimensions, trying to really understand what's going on that a lot of times i think is different from what people are expecting, and so this tax fight is a great example. you know, if you think back to 2017, the republicans pushed very hard on a large tax ut that wasn't paid for at all. it just went straight into a bigger deficit, and

cass writes real investment in factories has more than doubled since president biden took office. for the electronics industry, it has nearly quadrupled since the beginning of 2022. by comparison, mrvisors tried to show that his 2017 tax cut spurred investment, but it was actually zero. joining us is the social dean at the yale school of management. just looking at the numbers, there's so much that joe biden built into this economy that i ca all at once. reading your article and other pieces, it reminds me of pieces i've forgotten. that's the politics of next year, the challenge of reminding people how we got here. >> can you imagine being joe biden? you and i have very strong feelings about the success of this president's administration. some people have some differences. but this has been one unlucky guy. i stuffed envelopes for him in 1972 when he lost his wife and daughter. and then of course losing his treasured son and going on the debate stage, getting covid that was finally diagnosed when they didn't want to admit, and to the debate, and now this where he's built an incredible machine that will be inherited by somebody else -- >> i was looking today, i hadn't looked at thi