Upcoming changes in 2021 to National debt
by Kevin Myeroff on Jul 23, 2020
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National debt is now around 25 trillion dollars. No matter who gets elected, we are going to see some big changes in 2021.
Here are 5 things you should be aware of:
1. Increase in tax rates
2. Increase in social security (137,000 to 400,000)
3. Increase or elimination of capital gain tax treatment
4. Elimination of step up in basis
5. A national tangible tax
Aired 7/22/2020 WTAM AM 1100