New congressional draft legislation seeks to end tax efficiency of all ETFs
https://www.bloomberg.com/news/articles/2021-09-14/etf-industry-risks-losing-key-tax-edge-as-democrat-whets-knife Amid the deluge of headlines in the past few days about congressional proposals to boost taxes on companies and the wealthy is one that would affect regular investors — and potentially alter the entire U.S. fund landscape. Draft legislation released by Senate Finance Committee Chairman Ron Wyden of Oregon on Friday featured a repeal of … Read more