Portfolio Return as of 12/31/22: 2020: 25.65% 2021: 29.15% 2022: -.019% (SP500 -18.01%)
Wednesday, January 6, 2021
After Georgia, what's next? Higher corporate taxes?
Now that it looks like the Senate will be 50-50, with Kamala Harris as the tie-breaker, what now? It seems that Biden will get his wish for more taxes...maybe. We'll see. Markets today didn't freak out. Dow up, NASDAQ down, so maybe money is moving from high-tech to blue chip. Too early to tell, in my estimation. Though energy was also up today.
Here's a good article on corporate taxes by an economist.