Celia Moore, 1031 Exchanges Done Right Since 1991. (Equity Advantage, Incorporated)

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Rainer
123,257
Ken Jones
Kenneth J. Jones, Inc. - Rahway, NJ
Commercial Real Estate Broker & Appraiser

Celia Moore The economic policies, including taxation policies both being implemented and proposed are going have a significant negative impact on every person in the United States.

Have you seen the spike in gasoline prices in the last week? This is only the beginning of a significant downward spiral in citizen wealth.

Jan 25, 2021 04:13 PM
Ambassador
4,021,877
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

The wealthy and corporations employ lower/middle class Americans. I think we all know which of those classes is ULTIMATELY going to pay those tax increases.

Jan 25, 2021 07:52 PM
Rainmaker
601,449
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Yes it will effect me and already is...I am selling an investment property and want to do a 1031...now what??

No common sense is taking over this country.

Eve

Jan 26, 2021 06:34 AM
Ambassador
2,984,184
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Let's just wait and see about Sleepy Joe's proposals ...

Jan 25, 2021 06:02 PM
Ambassador
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

It appears that it will affect everyone, whether directly or not.

Jan 25, 2021 05:07 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Remains to be seen. But let's get real... we'll all be paying more in taxes even if we don't earn $400+K per year. Gasoline prices have already done up.

Jan 26, 2021 05:27 AM
Rainmaker
861,020
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

There is no place to hide.
If socialism doesn't get you today it will tomorrow.
I hope every art venue, civic operation and those enterprises receiving money from philantropeists realize their well may run dry. They give from their surplus. So where will the new money come from?
If socialism doesn't get you today, it will tomorrow.
Crypto is reported to be exploding in value.

Jan 26, 2021 05:25 AM
Rainmaker
389,360
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Yes it will throw cold water on a hot economy. For starters gas prices in our region have spiked over $1+ already.

Jan 26, 2021 04:43 AM
Rainmaker
3,290,253
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Every additional tax increase will affect all of us negatively. Just as poor are the decisions to open the borders, shut down the pipeline and freeze drilling. Energy prices are about to sky rocket and that will cause everything we use to increase. If the banks slow their lending or inflation causing the interest rates to rise, it could be a crash. 

Jan 26, 2021 05:53 AM
Rainmaker
221,316
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

"Capital Gains Tax Rate - Increasing to 39.6% for those earning over 1 million", not in amillion!

Jan 25, 2021 06:16 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Celia,

It could for some, and others will be pleased.

Jan 25, 2021 04:01 PM
Rainmaker
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Peter Mohylsky. Broker Associate
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN AND WAITING FOR YOU

Yes, it is starting.now.

Jan 26, 2021 07:32 AM
Rainmaker
957,213
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Taxes will affect everyone

Jan 26, 2021 07:10 AM
Rainmaker
3,944,386
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The account for the money made throug redistribution of wealth is likely in Hunter's name. No pipeline and the heavy oil will go to China for refining. They may have made a big investment in Hunter but Hunter may be delivering. What more will he get? Joey takes care of his own!

Jan 26, 2021 04:47 AM
Rainmaker
2,004,646
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Ending the Stepped Up Basis will greatly injure future generations.
The New Capital Gains Rate - would it affect gains over $1,000,000 ??

Jan 26, 2021 09:43 AM
Ambassador
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Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Does making me sick to my stomach count?  As a Canadian, I know we're not to have an opinion but as one of our leaders once said,

"Living next to you is in some ways like sleeping with an elephant. No matter how friendly and even-tempered is the beast, if I can call it that, one is affected by every twitch and grunt"

Jan 26, 2021 09:23 AM
Rainmaker
1,352,408
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Tax plans always impact the people.

Jan 26, 2021 08:38 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Most of what I earn is either reinvested or donated, taxes on the wealthy are not likely to have any effect on me.

Jan 26, 2021 08:28 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Time will tell, but our gas prices have already increased.

Jan 26, 2021 07:02 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It is not just these proposals but the small print "stuff" which is kept hidden and rushed through that will have an impact THEN....nonsense to come

Jan 26, 2021 06:28 AM
Rainmaker
1,368,648
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

It will affect everyone in a trickle-down effect!

Jan 26, 2021 06:15 AM
Rainmaker
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Ernie Steele
Berkshire Hathaway HomeServices Homesale Realty - Lebanon, PA
Call me, let's get started!!! 717-273-3774

Not in the least

Jan 26, 2021 04:18 AM
Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Large corporations will rethink their philanthropic donations, hiring and expansions. Perhaps the wealthy Hollywood elite will decide to put their money where their mouths are.

Higher gasoline prices may not impact me but the person on a limited income may find it hard to afford the gas to drive to a job he may or may not have. 

Jan 26, 2021 10:20 AM
Rainer
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Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

One way or another I'm sure I will feel the effects.

Jan 27, 2021 07:12 PM
Rainmaker
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Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Expectations are high even though I believe I have covered all the bases.

Jan 27, 2021 09:57 AM
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nope.

Jan 26, 2021 08:36 AM