The Tax Policy Podcast with Fexingo: Income Tax, Corporate Tax, and Fiscal Conversations

Fexingo

Lucas and Luna sit down with the thick blue volume of the U.S. Internal Revenue Code between them, tracing the threads that connect personal income tax brackets to corporate tax inversions. Each episode examines one specific fiscal lever — the corporate rate, the carried interest loophole, the earned income tax credit — and traces its real-world effects on capital allocation, wage growth, and federal revenue. They avoid partisan shouting matches; instead, they walk through the arithmetic of a tax expenditure, compare it to direct spending, and ask how the burden actually falls. Lucas holds a fountain pen, drawing marginal-rate curves on scrap paper. Luna pushes back with case studies: how Ireland's 12.5% rate reshaped global pharmaceutical supply chains, or how the 2017 Tax Cuts and Jobs Act changed buyback behavior. This show is for anyone who reads the Joint Committee on Taxation reports and wants to understand not just what the law says but what it does. No lobbyists, no spin — just two people trying to follow the money through the tax code. What happens when you treat a tax deduction not as a reward but as a subsidy, and what would it cost to replace it with something else? #TaxPolicy #IncomeTax #CorporateTax #FiscalPolicy #IRC #TaxReform #CarriedInterest #EarnedIncomeTaxCredit #TaxCutsAndJobsAct #InternationalTax #TaxExpenditures #MarginalRates #Economics #PublicFinance #Business #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo

  1. 17h ago

    How the Made in America Tax Credit Actually Works

    Lucas and Luna tackle the Advanced Manufacturing Production Credit — Section 48C and 45X — which pays companies to produce solar wafers, battery components, and critical minerals in the United States. The Inflation Reduction Act expanded this credit in 2022, and by mid-2026 the Treasury has allocated over $10 billion in tax credits to projects from Michigan to Georgia. The episode zooms in on a single case: Redwood Materials, the battery recycling startup founded by Tesla co-founder JB Straubel. Redwood claimed roughly $1 billion in 45X credits last year alone for producing cathode material in Nevada. But the real question is whether these credits are building a permanent supply chain or just subsidising a temporary boom. Lucas explains how the credit is structured as a per-unit payment per kilowatt-hour of battery capacity or per kilogram of cathode, which means companies get paid more the more they produce. Luna pushes on whether this creates a race to overproduce, pointing to analysts who worry about a 2028 cliff when the credit steps down. The conversation covers the tension between boosting domestic manufacturing and the risk of dependency on federal subsidies, and closes with a look at what happens if a future Congress sunsets the credit early. #AdvancedManufacturingProductionCredit #Section48C #Section45X #RedwoodMaterials #JBStraubel #InflationReductionAct #BatterySupplyChain #SolarManufacturing #CriticalMinerals #DomesticProduction #TaxCredits #CleanEnergy #SupplyChainResilience #Nevada #Michigan #Georgia #FexingoBusiness #Economics Keep every episode free: buymeacoffee.com/fexingo

    9 min

About

Lucas and Luna sit down with the thick blue volume of the U.S. Internal Revenue Code between them, tracing the threads that connect personal income tax brackets to corporate tax inversions. Each episode examines one specific fiscal lever — the corporate rate, the carried interest loophole, the earned income tax credit — and traces its real-world effects on capital allocation, wage growth, and federal revenue. They avoid partisan shouting matches; instead, they walk through the arithmetic of a tax expenditure, compare it to direct spending, and ask how the burden actually falls. Lucas holds a fountain pen, drawing marginal-rate curves on scrap paper. Luna pushes back with case studies: how Ireland's 12.5% rate reshaped global pharmaceutical supply chains, or how the 2017 Tax Cuts and Jobs Act changed buyback behavior. This show is for anyone who reads the Joint Committee on Taxation reports and wants to understand not just what the law says but what it does. No lobbyists, no spin — just two people trying to follow the money through the tax code. What happens when you treat a tax deduction not as a reward but as a subsidy, and what would it cost to replace it with something else? #TaxPolicy #IncomeTax #CorporateTax #FiscalPolicy #IRC #TaxReform #CarriedInterest #EarnedIncomeTaxCredit #TaxCutsAndJobsAct #InternationalTax #TaxExpenditures #MarginalRates #Economics #PublicFinance #Business #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo