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Harris Proposes Taxing Unrealized Capital Gains and More...

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Manage episode 436536893 series 2370904
Indhold leveret af Mach 1 Financial Group. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Mach 1 Financial Group eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Things get heated in today's episode as Matt, Lee, and John discuss the Harris' tax proposal she's campaigning with... Vice President Kamala Harris proposes higher income taxes, corporate taxes, capital gains, and taxing unrealized capital gains as well... and all of this tax-talk has the guys asking "Are we being taxed into oblivion?"

As John points out, we're being taxed on the money we make, the money we spend, the money we give away, and even the money we leave behind after we die, and all other kinds of taxes in-between... And Lee points out an economic model which shows at what point a tax burden overexceeds the revenue it would bring in.

Other than taxes, they talk about the state of interest rates impacting CDs, money markets, and other cash-holding options, and they're looking forward to college football season! There was a lot to talk about!

💬 Comment below if you're looking forward to College Football Season! Go, Hogs!

🍿 Watch Next: Our brand new series "No Dumb Questions" has a recent episode on tax questions! https://www.youtube.com/watch?v=4hWnG8iRG0s

🎙The Market Moment Podcast! Last week's episode... https://www.youtube.com/watch?v=6B0L1B6Oo20&t=1213s

😎Join the growing Market Moment community by clicking that subscribe button!

We're on Facebook! https://www.facebook.com/profile.php?id=61557724292379&mibextid=ZbWKwL

Give us a follow on Instagram! https://www.instagram.com/themarketmoment/ www.instagram.com/themarketmomemt/

Mach-1 Financial Group, LLC ("Mach-1") is a registered investment adviser located in Rogers, AR. Mach-1 may only transact business in those states in which the firm maintains a notice filing or has qualified for an exemption or exclusion from registration. A copy of Mach-1’s current written disclosure brochure, which discusses among other things, Mach-1’s business practices, services and fees, is available through the SEC website at www.adviserinfo.sec.gov and is also available at www.mach-1financial.com/disclosures

  continue reading

299 episoder

Artwork
iconDel
 
Manage episode 436536893 series 2370904
Indhold leveret af Mach 1 Financial Group. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Mach 1 Financial Group eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Things get heated in today's episode as Matt, Lee, and John discuss the Harris' tax proposal she's campaigning with... Vice President Kamala Harris proposes higher income taxes, corporate taxes, capital gains, and taxing unrealized capital gains as well... and all of this tax-talk has the guys asking "Are we being taxed into oblivion?"

As John points out, we're being taxed on the money we make, the money we spend, the money we give away, and even the money we leave behind after we die, and all other kinds of taxes in-between... And Lee points out an economic model which shows at what point a tax burden overexceeds the revenue it would bring in.

Other than taxes, they talk about the state of interest rates impacting CDs, money markets, and other cash-holding options, and they're looking forward to college football season! There was a lot to talk about!

💬 Comment below if you're looking forward to College Football Season! Go, Hogs!

🍿 Watch Next: Our brand new series "No Dumb Questions" has a recent episode on tax questions! https://www.youtube.com/watch?v=4hWnG8iRG0s

🎙The Market Moment Podcast! Last week's episode... https://www.youtube.com/watch?v=6B0L1B6Oo20&t=1213s

😎Join the growing Market Moment community by clicking that subscribe button!

We're on Facebook! https://www.facebook.com/profile.php?id=61557724292379&mibextid=ZbWKwL

Give us a follow on Instagram! https://www.instagram.com/themarketmoment/ www.instagram.com/themarketmomemt/

Mach-1 Financial Group, LLC ("Mach-1") is a registered investment adviser located in Rogers, AR. Mach-1 may only transact business in those states in which the firm maintains a notice filing or has qualified for an exemption or exclusion from registration. A copy of Mach-1’s current written disclosure brochure, which discusses among other things, Mach-1’s business practices, services and fees, is available through the SEC website at www.adviserinfo.sec.gov and is also available at www.mach-1financial.com/disclosures

  continue reading

299 episoder

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