10-06-2021, 03:41 AM
Will HUGE tax increases on the ultra-rich and corporations impact the stock market g
<!-- SC_OFF --><div class="md"><p>The 3.5 TRILLION dollars human infrastructure bill moving through Congress will cost us $0 according to President Biden. How? Because it will all be paid by rich fat cats and corporations.</p> <p>Correct me if I am wrong but it seems like common sense if any person or corporation who has less money to work with will cut spending on goods, services and products. So the little guy and investors will lose because of all the money being taken out of circulation.</p> <p>It reminds me of the time they put a luxury tax on yachts and the sales went down and the fancy boat business was hurt. (And all the middle-class people who used to work at those companies)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rarelywearamask"> /u/rarelywearamask </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/q1wt5y/will_huge_tax_increases_on_the_ultrarich_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/q1wt5y/will_huge_tax_increases_on_the_ultrarich_and/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The 3.5 TRILLION dollars human infrastructure bill moving through Congress will cost us $0 according to President Biden. How? Because it will all be paid by rich fat cats and corporations.</p> <p>Correct me if I am wrong but it seems like common sense if any person or corporation who has less money to work with will cut spending on goods, services and products. So the little guy and investors will lose because of all the money being taken out of circulation.</p> <p>It reminds me of the time they put a luxury tax on yachts and the sales went down and the fancy boat business was hurt. (And all the middle-class people who used to work at those companies)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rarelywearamask"> /u/rarelywearamask </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/q1wt5y/will_huge_tax_increases_on_the_ultrarich_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/q1wt5y/will_huge_tax_increases_on_the_ultrarich_and/">[comments]</a></span>Kind Regards R