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Are higher taxes coming to go along with inflation?
Joe Biden wants more tax from you just because you're rich. While a record number of Americans paid zero federal income tax at all you should pay more. in this video, Andrew shares an article from Forbes News about six tax hikes Joe Biden wants to propose.
00:43 6 Tax Increases Biden Has Proposed
2:49 Increasing Top Tax Tates for Individual
3:25 Capital Gains Taxed As Ordinary Income Over $1M
4:32 Repeal of Step-Up in Basis
5:44 20% Minimum Tax If You Have $100M
8:29 Repeal Carried Interest Perk
9:17 Repeal 1031
Andrew is reading this article: https://www.forbes.com/sites/robertwood/2022/04/28/6-tax-increases-biden-has-proposed/?sh=3dc21c5c2cba
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Buy Andrew's Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
About Nomad Capitalist
Would like to become a global citizen and legally pay less in tax, build a freedom lifestyle, and create wealth faster? Here at Nomad Capitalist, we believe that you should "go where you're treated best".