This week I discuss the proposed $3.3T tax increases that have been introduced in order to pay for some of the recent government spending. The thought behind these tax increases is to make businesses and high income earners pay for the lion-share of the spending. The tax increases are a part of the Infrastructure Bill that has been debated for months now between Republicans and Democrats. Two of the causes of friction in the bill are the amount of money being spent and what the money will be used for. Within the bill increases to the corporate tax rate and a global minimum tax are ideas that are being tossed around. In this episode I will talk about some of the impacts these tax changes could have on the stock market. Lastly, I will suggest a few investment vehicles that make sense if we are to see the tax increases that are being proposed.
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