top of page
Central Markets by Robert Lloyd, CFA

The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the  information cannot be guaranteed. All opinions and outlooks are subject to change.

  • Writer's pictureRobert Lloyd, CFA

Just In Case You Forgot: Your Taxes Are Going Higher

Just in case you forgot, our taxes are probably going higher. We don't hear much about this in the news, but here our take on the major proposals. You should probably plan for a worst case with these proposals. Sen Manchin is asking that the $3.5 trillion stimulus be "paid" for. That can mean only one thing.

We are not accountants and don’t provide tax advice. However, as investment advisers, I must warn you that a plan to raise long term capital gains rates may incentivize taxable investors to sell before 2022 to recognize gains in a lower tax year. This will depend on the wording of the law and whether it is a retroactive tax that applies to all of calendar 2021. I expect we will start hearing about the proposals by September.

Robert Lloyd, CFA®

Chief Investment Officer

Lloyds Intrepid Wealth Management

Lloyds Intrepid LLC is doing business as Lloyds Intrepid Wealth Management. Lloyds Intrepid LLC offers investment advisory services in the State of Texas where registered and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. Lloyds Intrepid LLC and its advisers do not provide legal, tax or accounting advice. Lloyds Intrepid LLC formulates retirement plans, investment strategies, portfolio construction and investment due diligence for clients with signed investment advisory agreements with us. The information contained herein has been obtained from sources believed to be

reliable, but the accuracy of the information cannot be guaranteed. All opinions and outlooks are subject to change.

© 2021 Lloyds Intrepid LLC

14 views0 comments


bottom of page