ValueWalk
In hisDaily Market Notes report to investors, while commentaing on the real estate sector, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more Tax GlitchThe only “glitch” that might economic optimism is the fact that the Biden Administration proposed raising both corporate and capital gain taxes. However, Senator Joe Manchin of West Virginia rejected the Biden Administration’s proposal to raise corporate taxes from 21% to 28% (25% is still possible) and I suspect will also reject the Biden Administration’s proposal to raise maximum long-term capital gain taxes from 23.8% (2…