Escaping Biden’s Capital Gains Tax

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Dear Loyal Reader,

President Biden is proposing to double the maximum capital gains tax rate to 39.6%.

But there's a clever way to delay — if not completely avoid — this new tax hit.

Exchange-traded funds, also known as ETFs.

Since ETFs trade baskets of stocks, most capital gains inside ETFs are exempt from being taxed.

As a result, investors have been leaving mutual funds in droves and pouring trillions of dollars into ETFs.

But while switching a portion of your overall portfolio into ETFs could be a good strategy, that's only one of many countless ways to slash your taxes this year.

Click here for more details.

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Kind regards,



Aaron Mahler
Manager, Premium Services, Banyan Hill Publishing


 


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