Higher Tax Rates in 2011?
Glassman Wealth is a full-service, fee-only fiduciary providing highly personalized investment advice, financial planning, and wealth management. With one of the lowest client-to-advisor ratios in the industry, Glassman Wealth’s team of engaged, innovative advisors has the time to focus on each client’s unique needs and goals and dreams. This personalized and sophisticated approach enables Glassman Wealth to serve each client as their dedicated financial steward, helping them not simply to achieve their financial goals, but to realize their dreams.
Another great unknown for 2011 is what impact higher federal tax rates will have on the economy. Barring new legislation, tax rates are set to rise in 2011.
Source: Fidelity
Macroeconomic Advisers, a well regarded economic research firm, places the odds of a recession in the coming 12 months at effectively zero. This suggests to us that what is likely to occur is a softening on economic data, but not an outright recession.
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