2min chapter

Forward Guidance cover image

Navigating A "Structural Shift" In Markets | Joseph Wang & Martin Pelletier

Forward Guidance

CHAPTER

Is the Biden Administration Trying to Increase Taxes on the Rich?

In Canada, your classified is rich when you're over $150,000. In the US, it's really hard to change tax code. You need one party to have a tremendous majority in Congress. If we have inflation, everyone's wages continue to go higher. We're eventually all creep into a higher racket, and that in effect raises taxes on everyone.

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