Tax Code Overview: Differences Between Harris and Trump Proposals
from FIN-LYT by EWA® Hosted by EWA LLC
In this episode of FIN-LYT by EWA, Matt Blocki and Jamison Smith discuss how upcoming election results could impact corporate and individual taxes. They break down the differences between tax proposals from Trump and Harris, highlighting how each plan could affect corporate tax rates, personal income taxes, and deductions. Despite potential tax changes, they emphasize the importance of staying invested and avoiding emotional, politically-driven financial decisions, as long-term stock market performance remains largely unaffected by election outcomes.The episode also touches on strategies to maximize tax-efficient accounts like Roth IRAs and HSAs, helping individuals prepare for possible tax hikes. Estate planning is briefly covered, with insights on how changes in the tax code could impact high-net-worth individuals. Throughout, Matt and Jamison encourage listeners to focus on long-term financial strategies and stay informed about evolving tax policies. Connect with EWA https://ewa-llc.com/Follow Us on Social Mediahttps://www.instagram.com/ewa.llc/https://www.linkedin.com/company/equilibrium-wealth-advisors/ https://www.facebook.com/EquilibriumWealthAdvisors/View EWA Disclosures and Firm ADV: https://adviserinfo.sec.gov/firm/summary/308977
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