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9 Groups Who Should Brace for Higher Income Taxes
Recent proposals would hike taxes for people with a wide range of incomes.
At this point, higher taxes are more a question of when than if.
Tax increases for the wealthiest Americans were a central part of President Joe Biden’s campaign, and his recent proposals call on Congress to enact such tax hikes. (Not to mention some members of Congress have their own plans for raising individual income taxes.)
Most of the tax increases proposed by Biden or Congress so far this year are simply efforts to make good on campaign promises to tax the wealthy and corporations but not all of them are.
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Welcome back to the Real Estate newsletter, your weekly window into a Southern California market that’s so hot, it’s making history.
The six-county region’s median home price hit an all-time high earlier this year, and bidding wars for the small supply of homes on the market probably won’t slow down anytime soon.
Another record was registered in the star-studded neighborhood of Beverly Park, where an Italian-inspired mansion was auctioned off for $51 million the most ever paid for a home at an auction. A second celebrity-filled enclave, Hidden Hills, saw a major listing as well when French Montana offered up the home he bought from Selena Gomez.
15 Cities Most Dependent on RV Campgrounds
RV camping helps spur the economy in these 15 cities.
This story originally appeared on Outdoorsy.
The COVID-19 pandemic has brought many forms of travel to a halt over the last year, but one option that remains attractive for many consumers is traveling by recreational vehicle. RV travel has been thriving in the pandemic, with a bump in RV shipments and strong revenues for campgrounds and RV parks last year.
There are a few reasons why RV travel still holds appeal in the COVID-19 era. When traveling and staying in one’s own vehicle, there is less reason to fear exposure to the virus when the alternatives involve sharing space with others in an airport, restaurant, or hotel. Further, many of the destinations people seek out when traveling by RV are outdoor, natural attractions that are similarly less risky.