Americans fleeing tax hikes may accelerate shift to ETFs
Exchange-traded funds are generally more tax-efficient, spinning off fewer capital-gain disbursements that for some could soon become a lot more costly.
The booming ETF industry may be set to lure even more cash in the coming years as rich Americans facing higher capital gains taxes look to limit what they owe Uncle Sam.
President Joe Biden’s plan to double the rate those making more than $1 million a year pay on investment profits wo
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