October 1, 2024 | Episode 135

Surprise Effects of Increasing Corporate Taxes

**We are pausing our current series to bring you five timely episodes surrounding suggested new tax policies**

In this new series, we delve into the complexities of corporate taxation and its implications for individual investors. We argue that while raising taxes on corporations may seem like an attractive solution for increasing government revenue, the actual burden often trickles down to shareholders, employees, and consumers.

This episode highlights the intricate flow of money through corporations, emphasizing that corporations are not standalone entities but rather integral components of the economy that directly impact personal finances. By increasing corporate taxes, the ripple effects can lead to reduced dividends, lower capital appreciation, and higher consumer prices.

We stress the importance of understanding these dynamics, as they affect retirement savings and investment returns, making it crucial for listeners to grasp how such policies could impact their personal financial situations.

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Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com

You can watch all episodes, as well as other great content produced by NQR Media through their YouTube channel at https://youtube.com/@NQRMedia

📧 For more information or to get in touch with us, visit https://www.ditchthesuits.com

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About Your Co-Hosts:

Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group. Travis also hosts the Unleashing Leadership Podcast, where he dissects some of his favorite books on leadership and how you can apply it to your business or life.

Steve Campbell has over a decade of industry experience and is the Chief Brand Officer at S.E.E.D. Planning Group. Steve also hosts the One Big Thing Podcast, an interview-style show meant to inspire and encourage 30 and 40-year-olds going through difficult seasons of navigating marriage, raising kids, and growing personally.

Chapter Markers

00:23 - Interrupting the Series for Current Events

01:27 - The Role of Corporations in the Economy

01:52 - Proposed Tax Changes and Their Impact

03:03 - Surprising Effects of Increasing Corporate Taxes

04:52 - Understanding Corporate Taxation

13:30 - Corporate Income Distribution

21:20 - Stock Buybacks and Dividends

28:22 - Implications of Higher Corporate Taxes

32:22 - Solutions and Takeaways

35:52 - Closing Thoughts