Tax Breaks for Parents, Education Credits, and Combating Government Grift

In this episode of Financial Conditioning, Simon Karmarkar begins with an overview of tax breaks available for parents, including student loan interest deductions and education credits. He explains the Earned Income Tax Credit and introduces the Government Grift segment. Simon shares his personal story and defines government grift, examining real-world examples and the incentives that perpetuate it. He offers strategies to combat government grift and wraps up with closing remarks and a preview of the next episode. (0:00) Introduction and Tax Breaks for Parents (1:25) Student Loan Interest Deduction and Education Credits (3:47) Earned Income Tax Credit Overview (4:49) Sponsor: TaxSlayer (5:02) Government Grift Segment Introduction (5:37) Simon's Personal Story on Government Grift (6:28) Goals and Definition of Government Grift (8:02) Examining Real-World Examples of Government Grift (10:04) Analyzing the Persistence and Incentives of Government Grift (11:10) Strategies to Combat Government Grift (11:39) Closing Remarks and Next Episode Preview