Tag: Biden taxes

Biden’s Long-Term Capital Gains Tax Increase Will Spur Selling

Biden’s Long-Term Capital Gains Tax Increase Will Spur Selling

The good news (drooling sarcasm) just keeps coming out of the Biden Administration. The Administration wishes to increase the long-term capital gains tax from approximately 29% under current law to approximately 48%. TaxFoundation.org does a fine job of detailing this tax grab. Learn more by reading their article HERE. Count this looming tax increase as … Continue reading Biden’s Long-Term Capital Gains Tax Increase Will Spur Selling

Biden’s Climate Plan Is A Tax On Companies And Individuals

Biden’s Climate Plan Is A Tax On Companies And Individuals

Biden's 10-Year Climate Plan - which the Administration is pursuing without the approval of Congress - will tax American companies and citizens. We expect: more bogus carbon offsetting programs across all industries (including Technology), higher consumer energy prices and job losses for Americans. This centralized government power grab is also sure to create enormous fraud … Continue reading Biden’s Climate Plan Is A Tax On Companies And Individuals

A Corporate Tax Hike Will Be A Double Whammy On Valuations

A Corporate Tax Hike Will Be A Double Whammy On Valuations

Consider the Fintech and Information Services sector. Depending upon how you define it, the sector trades at approximately 30x Operating Cash Flow ("OCF"). If Company X generates $1 billion in Operating Cash Flow today, the Net Income input will have been taxed at 28% under Biden's proposal vs. the current 21% Federal corporate income tax … Continue reading A Corporate Tax Hike Will Be A Double Whammy On Valuations