Advisors expect record federal debt to result in higher taxes
Robert Stromberg of Mountain River Financial and Pam Horack of Pathfinder Planning
'As an advisor, the national debt is a very concerning issue, especially with younger clients that have a longer time horizon, because the bill is eventually going to come due,' an advisor says.
As the federal debt reaches record levels, financial advisors anticipate rising tax rates that will affect financial planning.
The Treasury Department announced late last month that the federal debt hit $34 trillion, the highest amount on record and up $1 trillion from three months earlier, accor
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