In this insightful episode of Capitalist Investor, hosts Luke, Tony, and Derek dive deep into "The Repercussions of Biden's Tax Plan." They discuss the anticipated changes to federal income tax rates, capital gains tax, corporate taxes, and other key aspects of the proposed tax legislation. The trio breaks down how these changes could significantly impact both the upper middle class and small business owners, drawing historical context and comparing the proposed taxes to historical rates. They also provide actionable strategies to mitigate tax burdens, such as Roth IRA contributions and real estate investments in opportunity zones. Don't miss this episode if you want to stay informed and prepared for potential tax changes.
