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Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . 🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: https://briefs.finance/9df176 With a presidential election around the corner, it's time to discuss your taxes. In this video, we discuss Joe Biden and Donald Trump's tax plans. Subscribe To Our Channel: http://bit.ly/M2YouTube Recommended: Investing Your Money: https://www.youtube.com/watch?v=U7tJn4qv8Lk&list=PLKsS_EjCEmdojUw_JdJgLKkyPiGJphcmK Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef Joe Biden Announces NEW Taxes (Especially On Wealthy People) - Biden And Trump Tax Plans 0:27 - The United States presidential election is around the corner Donald Trump is pushing for tax cuts and Joe Biden is pushing for tax increases 2:17 - Donald Trump signed the TCJA - Tax Cuts And Jobs Act in 2017 to cut taxes 2:45 - How Donald Trump cut income taxes for individuals 3:41 - How Joe Biden would would change individual tax rates and raise tax rates on wealthy people especially through social security taxes 5:24 - How Donald Trump cut taxes on businesses and why he cut corporate tax rates 6:06 - How Joe Biden wants to raise business taxes 7:01 - How Donald Trump changed the estate tax known as the death tax 7:30 - Joe Biden wants to raise the estate tax higher 7:55 - What Donald Trump would do with taxes if he is reelected with social security taxes and capital gains taxes 9:00 - What Joe Biden would do with capital gains taxes What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people. #MIH #GetMoneySmart Check out some of our recommended products! Please note: These are our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- ➤ Real Estate Investing Online 1) 🏠 Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- ➤ Best Online Savings Account 2) 🏦 CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- ➤ Active Stock Market Investing 3) 📈 Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- ➤ Passive Stock Market Investing 4) 💰 M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically: https://bit.ly/M1FinanceStocks ---------- ➤ Loans & Refinancing 5) 💸 Credible* - Get the lowest interest rates possible on your loans - see how much you can save: Mortgage Refinance: https://bit.ly/MortgageRefiCredible Getting A New Mortgage: https://bit.ly/MortgagePurchaseCredible *Advertisement from Credible Operations, Inc. NMLS 1681276, not available in all states. Visit https://www.credible.com/a/state-licenses for important information about Credible’s licenses. ---------- ➤ Home & Life Insurance 6) 🛡 Policygenius - make sure your family is protected with life insurance & home insurance. Policygenius will find you the best deal at no cost to you: http://bit.ly/PolicygeniusLifeYT Get a free home insurance quote: https://bit.ly/m2HomeInsurance ---------- ➤ Car Insurance 7) 🚗 CarInsurance.com - See how much you can save on your car insurance with a free quote: https://bit.ly/m2carinsurance ---------- ➤ Credit Cards 8) 💳 See some of our recommended credit cards*: http://bit.ly/ *We are compensated when you click on or are approved for offers. The information in this video and YouTube description was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/56amblCx5eo Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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