Joe Biden’s Tax Proposal Explained: What Does It Mean For You?
With the elections upon us, I decided to analyze the candidates' tax proposals and how will they impact you and your household. Since President Trump hasn't provided much detail about his second term plans, Biden has issued several tax policy proposals during the primaries and has added a few as well.
As both candidates' campaigns begin to heat up, they will be promoting and defending their proposals. To get started, lets look at some of the most important Biden tax plans regarding our current economical environment.
The former VP would enact a number of policies (like the ones just mentioned), targeting high-income households, which he defines as the ones making above $400,000 a year.
Whomever wins the elections on November, here at Copley Financial Group, Inc. with offices in San Diego, CA. and Uniondale, NY. the team and myself are ready to help you overcome what the future may hold. If you have any questions about how this might impact you or anything else, contact us.