Business
In the fall of 1986 President Reagan signed a major tax reform bill into law that lowered the top income tax rate from 50% to 28%. Since then, Congress has raised the top rate to 37% - And considering our deficit and the pandemic, more hikes are likely coming. Add in the possibility that taxes will rise if there’s a “blue wave” and Democrats win the presidency, House, and Senate in November… Then we’re left with the perfect tax storm after the election. Brandon isn’t focused on the politics… Only the facts and filling you in on the steps you can start taking today to be more tax efficient with your portfolio.