Tag Archives: wealthy

One tax break Democrats should grant the wealthy

With President Biden rolling out his big infrastructure plan on Wednesday, Congress will now debate the tax changes that should go along with it. One of those changes should be a tax cut that would benefit wealthy taxpayers, mostly in blue states. You read that right. Yes, Biden rode to the White House promising to raise taxes on the wealthy, not cut them. Polls show voters strongly support higher taxes on those who earn the most. But first Congress should rectify a mistake Republicans made… Source link

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Threats of higher taxes could trigger major selling of stocks by the wealthy: strategist

TipRanks Strong Insider Buying Could Indicate a Bottom in These 2 Stocks Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy is when the stock hits bottom; that will maximize returns when the share price starts to rise again. There are a multitude of possible clues investors can use to find the price… Source link

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