Why stocks are at a record even with the dark cloud of higher taxes hanging overhead
At first blush, it would appear weird to see the S&P 500 hovering at record highs even as its component companies stare down the barrel of a tax hike.
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Jeff Bezos endorsed higher corporate tax rates. But it won't cost him much
Bezos is on a lonely island supporting the White House's plan to raise corporate taxes.
Biden Says He’s ‘Willing To Negotiate’ 28% Corporate Tax Rate Hike
Biden said he is “willing to negotiate” the proposed hike of the corporate tax rate from 21% to 28% contained within his sweeping infrastructure plan.
Proposed New York tax hike seen driving away affluent residents
An agreement between New York’s governor and state legislators to hike taxes on the wealthy risks driving the richest residents out of state.
What Advisors Need To Monitor In Biden's Tax Proposals
It’s clear that large-scale change is coming. Wealth advisors need to understand what policies are most likely to emerge from the White House.
How Tax Haven States Enable Billionaires to Hide Trillions
The US has now become the global center for money hiding and illicit wealth storage.
Reality Check: Higher Capital Gains Rates Rarely Hurt Stocks
UBS has found that history shows no discernible correlation between equity valuations and changes to the capital gains tax rate.