Javier Palomarez | Source | Founder and CEO at United States Hispanic Business Council

Javier warns that replacing income taxes with tariffs could raise living costs for the middle class. He advises households to prioritize essential spending, shift to local goods, and increase savings. Investing in domestic industries and reducing debt can offer stability. He highlights the overlooked impact of tax changes on investment strategies and small businesses.

Javier notes that despite efforts by Presidents Trump, Biden, and Obama, the carried interest loophole remains. "The loophole allows fund managers to classify earnings as long-term capital gains," he explains. While the House bill may be revised, the loophole's future is uncertain, reflecting strong lobbying by private equity and venture capital interests.

Javier warns that Trump's order could lower prices but may reduce access to critical medicines. He notes, "International manufacturers are most vulnerable," risking US market access. Investors should hold biotech stocks, as legal challenges to the order are likely. The order's impact on free markets and its constitutionality remain contentious.