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The US Tax Hike Impact Is Minimal

Tan KW
Publish date: Wed, 28 Apr 2021, 10:32 AM
Tan KW
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The US Tax Hike Impact Is Minimal

28-Apr-21 07:30

Ed Clissold, Chief US Strategist, Ned Davis Research

President Biden has proposed a series of tax hikes to pay for childcare and education programs. Markets were initially sold down on this news but have since recovered. Ed Clissold, Chief US Strategist at Ned Davis Research tells us if this has a significant long-term impact on markets and will this see a shift towards more passive investing.

Image credit: EPA-EFE/ Stefani Reynolds / POOL

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