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President Joe Biden at LBJ Library in Texas

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The President is calling for reforms to the Court.

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Biden called on Congress to establish term limits for the Courts justices.

If Bidens plan is approved, here are four ways those term limitscould hurt your wallet.

The Court affirmed Congresss authority to tax some unrealized gains.

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So how could a decision like this impact you?

This could later influence investment strategies and financial planning for a wider range of taxpayers.

That could mean trouble for you and your bank account, even if you dont owe taxes.

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