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Certain policies have been laid out by the incoming administration that we can expect, but ahead lay serious problems that no one knows how to solve. Investors should be prepared.
To fund his large-scale infrastructure initiative, President Biden is planning to increase taxes. While these plans are still subject to significant change, it is time to start discussing key components with clients who could be affected. Forewarned is forearmed.
The Biden relief package leaves little headroom for economic growth and job gains, according to the Penn Wharton Budget Model.
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