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?