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The new IRS tax brackets for 2026 are here. See where you fit in.

1. IRS reveals 2026 tax brackets and increased standard deductions amidst shutdown. 2. Adjusted tax brackets reflect a 2% increase, impacting middle-class taxpayers. 3. Permanent tax rates will prevent hikes for two-thirds of taxpayers, easing financial burden. 4. Standard deduction will rise to $16,100 for individuals in 2026, benefitting many. 5. New SALT deduction caps may lead to strategic income reductions for some taxpayers.

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FAQ

Why Bullish?

Stable tax rates can promote consumer spending, boosting economic confidence, impacting SPY positively.

How important is it?

Changes in tax policy can significantly affect consumer behavior and corporate profits, impacting SPY.

Why Long Term?

Tax permanence encourages investments and spending, potentially enhancing overall market growth over time.

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