WILL A RETROACTIVE CAPITAL GAINS TAX HIKE WILL SLOW BUSINESS SELLING?
Don't want to discuss the politics of this just the implication on business sales.
Does anyone have insight into some seller's mindset, will they now be less likely to sell businesses because of the new proposed retroactive capital gains tax increase? Logically, I assume some would rather just hold on for another 3-4 years and hope it returns to lower rates due to the fact it could cost them a lot of money, but hoping that is not the case.
Also, how would this affect pricing if at all?