Insight - Higher taxes are coming and for markets, that could be a good thing


US markets are edgy too after Democrats proposed to raise tax rates on companies and those on annual incomes above US$400,000 (RM1.7mil).

AND so it begins: Taxes in the world’s wealthiest countries are rising.

Inevitable perhaps given the unprecedented Covid-era debt surge and, according to some investors, even a good thing if it helps close the wealth gaps the pandemic has exacerbated.

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Taxes , markets , Britain , US , Debt ,

   

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