An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save for retirement, or invest in your future.
With just 7 days remaining until Election Day, Vice President Harris and former President Trump are crisscrossing the country and barnstorming critical swing states in their last push to become the next President of the United States.
Polls continue to suggest that the presidential contest will have a strong influence on down ballot races and final party control of the House and Senate.
While nearly 50 million Americans have already cast ballots in the 2024 elections through early and mail-in voting, the final results of the 2024 elections may not be known until days after the election as states count and certify ballots. Nevertheless, with key races still polling within the margin of error, Republican and Democratic leaders are continuing to urge voters to cast their ballots before polls close on November 5.
Stay informed with “Elections Edge” for a weekly snapshot of pivotal campaign developments; updated forecasts for the White House, Senate and House; and insights into the races that will shape the balance of power next year
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The need for fact-based reporting of issues important to family offices and successful individuals and protecting a lifetime of savings has never been greater. Now more than ever, family offices and successful individuals are under fire. That’s why Policy and Taxation Group is passionately working to increase the awareness of issues important to family offices and successful individuals, while continuing to strengthen our presence on Capitol Hill.
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