Kamala to raise tax rates for all types of income ⚠️

Under Kamala Harris’ proposed plan, the highest income tax rate for individuals would increase to 44.6% for almost all types of income. This could have disastrous effects for the economy.

Businesses might move operations or profits abroad to avoid higher taxes, potentially leading to job losses in the U.S.

Higher corporate taxes might reduce the funds available for wage increases or hiring, impacting job growth and wage levels.

People might not have the cash to pay taxes on gains they haven't actually realized, potentially forcing them to sell assets at inopportune times.

Investors and entrepreneurs might be less willing to invest in startups or long-term projects if they face immediate tax liabilities on paper gains, which could stifle innovation.

Consider diversifying to protect your wealth.

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