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If you expect taxes to go up, some advisers recommend a Roth Individual Retirement Account.
Many financial advisers expect taxes on their superrich clients to rise next year, through the expiration of the Bush-era tax cuts or in another way.
11.53am: PoliticsHome has just put up a YouGov poll showing that 59% of people expect taxes to go up if the Conservatives win the election.
In fact, the multiplier effect can even be negative during economic expansions when central banks maintain zero-interest rates and households expect taxes to rise when interest rates do.
Expect taxes to go up, possibly sharply, to help pay for it all.
We don't know yet what exactly the script will be though expect taxes, immigration, reconciliation, and the environment to figure heavily but we do know who will be reciting the lines.
Similar(52)
Many tax professionals expect tax rates to rise, and if they do, harvesting losses can become even more valuable.
Some business owners say they are holding off on hiring plans because they expect tax rates to rise.
Those who did not vote for him expect tax cuts for the rich, dismemberment of the Environmental Protection Agency and a ban on abortions.
People who vote for the right often expect tax breaks in favor of companies in particular.
And don't expect tax rebate checks to perk up sales, says Kozloff, who calls them a one-time injection and not a cure-all.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com