It seems pretty clear that ONE of the two Presidential candidates absolutely opposes everything you and I stand for as self-directed investors. I'm Bryan Ellis. Right now in Episode #326 of Self-Directed Investor Talk, I give you the proof... --- Hello, Self-Directed Investors, all across the fruited plane. Welcome to the show of record for savvy self-directed investors like you, where in each episode, I help you to find, understand and profit from exceptional alternative investment opportunities. It is the season for Presidential Politics... and you know, of course, that means I'll poke my head out of the shadows and begin to share with you the harsh realities of politics as it relates to my plight and yours as self-directed investors. You and I, we think alike. We're looking for opportunity. We're looking for a way to apply that most valuable asset of them all… our minds… to fortify our financial positions for the benefit of ourselves, our families, future generations and to help the causes that matter most to us. Yesterday, Motley Fool published a list of 12 tax law changes that one of the Presidential candidates is pushing in his bid to serve in the highest office in the land for the next four years. I’ll link to it on today’s page, at SDITalk.com/326 so you can check it out yourself. Now I won’t even sully the conversation by saying WHICH candidate – obviously there’s only Trump and Biden – but I won’t shift this to being about those men. Let’s just look at the policies and how they’ll impact you and me as builders of wealth. Policy Shift #1: An increase in the corporate tax rate from 21% to 28%. That’s an obvious negative… rising corporate tax rates are ALWAYS – I repeat ALWAYS – passed on to consumers. I could say more, but I suspect it’s unnecessary, so let’s look at... Policy Shift #2: A minimum tax on corporate income. Basically the idea here is this: If a company complies with the tax law in such a way that even the U.S. Treasury is unable to fault their tax planning, and as a result that company does not have to pay income taxes, this policy would mean that that company must pay taxes ANYWAY. Basically, this is a tax on good planning. They’re targeting this one at Amazon and some others that have been astoundingly good at using the tax law to their benefit. But hey, remember: This means that all of those Amazon packages WILL be more expensive in the future… no doubt about it. More expenses for the providers means more cost to the consumers. But surely… SURELY… the remainder of these new policies won’t so directly target – and thus discourage – productive members of society… right? Wrong-o. Whether it’s policy #5 that increases marginal income tax rates for higher earners, or policy #6 that raising the payroll tax on high earners or raising capital gains taxes on… you guessed it… high earners… Well, it almost sounds like the particular Presidential candidate who is pushing for all of these changes really doesn’t like high earners or successful companies very much, does he? And don’t forget… if building a FINANCIAL LEGACY is important to you, then the STEPPED UP basis changes – that’s policy #8 – will matter to you. This is a way of making sure that a horrible tax burden is transferred to your beneficiaries when they receive your assets in the future. Right now, that does not happen… but it would under this proposed tax policy. All that isn’t even to mention the slashing of tax deductions for both personal incomes – that’s policy # 9 – or phasing out small business deductions if you happen to be a successful small business owner, which is policy #10. If you hear a common theme here, it’s because there is one. The candidate who wants these policies to be law – none other than the basement baron himself, Joe Biden