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President Biden’s Tax Plan: Will the changes impact you? (Presented By: Craig Ferrantino, CWS®CFF®)
July 15 @ 7:00 pm - 7:30 pm EDT
President Biden's Tax Plan: Will the changes impact you?
7/15/20217:00pm EDT30 minutesOn April 28, President Biden unveiled his American Families Plan, which seeks to expand funding for education, childcare, and paid leave. To pay for these reforms, the Plan calls for the following tax changes:
• Raising the top income tax rate to 39.6% (up from 37%).
• Raising the top tax rate on capital gains and qualified dividends to 39.6% (up from 20%).
• Expanding the 3.8% Medicare surcharge to all income over $400,000.
• And more.
Now, there’s no guarantee this plan will become law. It must pass through both chambers of Congress first, and for that to happen, it will likely undergo significant revisions. Still, it is also better to plan ahead and prepare as some of these changes will likely have a major impact on investors.
Join us for this very important webinar to learn about the major possible changes, how those changes may impact you, and steps you can take today to be prepared for higher taxes.
Craig J. Ferrantino is a Registered Representative offering Securities and Advisory Services through UNITED PLANNERS FINANCIAL SERVICES, Member FINRA, SIPC. Craig James Financial Services, LLC and United Planners are not affiliated.