Would Tax Hikes Spell Doom for the Stock Market?

Dan Caplinger, The Motley Fool
·4 min read
Would Tax Hikes Spell Doom for the Stock Market?

The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable tax rate on capital gains, the profits they realize when they sell stocks or other investments. What taxes could go up, and on whom?