Biden’s Tax Plan: What Might Be Coming

Mar 30, 2021 | Blog, Blogs, In the News, Market Commentary, Video

Last week, America’s Voice Live turned to Terry Sawchuk, the founder and chairman of Sawchuk Wealth, for insights on the potential impacts of President Joe Biden’s new tax plan. But what exactly might this tax plan look like? Now, in his latest video discussion, Sawchuk provides a preliminary view of what experts believe might be included in this plan. Sawchuk specifically discusses:

  • The aspects of Biden’s tax plan that may have the greatest impact on clients
  • What an expansion on the estate tax could look like for families
  • The potential increase in capital gains tax and why it is raising concerns
  • The importance of planning for tax changes before they occur

In addition to Biden’s tax plan, Sawchuk also shares his thoughts on Bridgewater Associates Founder Ray Dalio’s newly released update about the recent debt crisis and why it is important to pay attention to asset bubbles.

If you have any questions or comments about Biden’s tax plan or the debt crisis, please do not hesitate to contact us (248) 269-9700.