Confused about all of the new tax proposals our government is planning? Well, in this video, I’ll show you all the Biden tax increases that might be implemented and explain why this will be the biggest in nearly 30 years!
To your abundance!
Key Moments In This Episode
00:00 Intro & Summary
01:37 What Happens If The Government Overspends
02:44 Where The Government Allocates Their Budget
04:02 History Of Income Tax Brackets
06:14 Biden’s Tax Proposal: Increasing Income Taxes
07:02 Biden’s Tax Proposal: Reducing 401(k) Tax Benefits For Higher Income Earners
08:39 What Is Capital Gains Tax?
09:24 Biden’s Tax Proposal: Doubling Capital Gains Taxes
11:19 What Is A Step-Up In Basis In Capital Gains Taxes?
12:20 Biden’s Tax Proposal: Increasing Estate Taxes
13:58 Biden’s Tax Proposal: Increasing Corporate Taxes
15:11 Why The Economy Was Booming Under Trump Administration
15:50 Biden’s Tax Proposal: Raising Minimum Wages
16:45 Biden’s Tax Proposal: Health Care Initiative
17:42 Biden’s Tax Proposal: Free College Tuition
18:34 Learn More About The LASER Fund
What To Watch Next
Biden Corporate Tax Rate To Increase By 33%
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How to Diversify and Create the Foundation for a Tax-Free Retirement
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