About the contributor:Luke LloydLuke Lloyd is dedicated to improving clients’ financial paths and helping them achieve investment goals. He prides himself on being an extremely well-informed investment advisor, financial planner, and wealth manager, guiding clients towards their financial goals through retirement planning and portfolio returns. Learn more about Luke by clicking here!Schedule a 30 minute virtual meeting with Luke Lloyd Book NowLuke Lloyd joins Fox Business and discusses Biden raising the corporate tax rate to 28% from 21%. What impact will this have? Who is going to end up paying for it all? Find out why Luke says raising taxes and spending more money is a bad idea: