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Upcoming changes to National debt in 2021 Thumbnail

Upcoming changes to National debt in 2021

National debt is now around 25 trillion dollars. No matter who gets elected, we are going to see some big changes in 2021.

Here are 5 things you should be aware of:
1. Increase in tax rates
2.) increase in social security (137,000 to 400,000)
3) increase or elimination of capital gain tax treatment
4) Elimination of step up in basis
5) A national tangible tax

With Kevin Myeroff from NCA Financial Planners
Aired 7/22/2020 WTAM AM 1100

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