1040 Blues

Vlogs

1040 Blues

Hey everyone. It’s Al Abaroa for financial intelligence training. It’s Saturday. It’s October 17th. It’s 2020. We are at the mid point of the month and now under 3 weeks to the election. Now, I don’t particularly like to discuss politics on these posts, however politics will have implications on the markets and that’s what this is about. To be clear, I am not being political or lobbying one way or another in my views here. I am looking for interpretation as to how things may unfold, market wise.

I’m really unsure what is going to happen come Nov, but if Team blue emerges victoriously, here is what Vice President’s Biden’s tax plan will do and how it may ultimately impact the economy and thus markets. I’ve been watching the commercials run that say your taxes will only increase if you make over $400,000 per year. The thought is this will only impact the wealthy…