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2026 Midterms: What It Means for Your Money and Taxes
Description
The election didn't go the way everyone wanted. Here's what actually matters for your money. Democrats won both the House and Senate, Texas elected its first Democratic governor since 1990, and California and Washington voted on major high-earner taxes. Cory Procter of Pro Capital breaks down what history says about markets after midterms, the state ballot results that matter for business owners, and why the real tax event isn't this election. It's 2028. Are you an entrepreneur, business owner, or high-performing family with $1M+ in investable assets looking for a long-term financial partner? Talk with an advisor at Pro Capital: https://procapitaltx.com/ Get Chapter 1 of Cory's book "Built Not Broke" FREE: https://procapitaltx.com/built-not-broke Watch on YouTube: https://www.youtube.com/@procapitaltx In this episode you'll learn: - What the S&P 500 has historically done in the year after a midterm election (and why history is not a prediction) - What a new Texas governor does and doesn't change for business owners - California's Prop 3, Prop 40 and Prop 42, and Washington's millionaires tax - Why 2027-2028 is a planning window for estate, gifting and exit decisions - Five moves to make now: rebalance to your plan, use the window, prepare your exit, review residency and entities, and get your CPA, attorney and advisor in one room What's the one planning move you're making before 2028? Tell us in the comments. Standing Guard. Building Legacy. Connect with Pro Capital: LinkedIn: https://www.linkedin.com/company/procapitaltx Facebook: https://www.facebook.com/procapitaltx Instagram: https://www.instagram.com/procapitaltx/ YouTube: https://www.youtube.com/@procapitaltx Website: https://procapitaltx.com/ Disclosure: Wisdom & Wealth is for educational purposes only and does not constitute individualized investment, financial, legal, or tax advice. Historical market performance is shown for context and is not a guarantee of future results. All investing involves risk. Election results cited were as reported on November 4, 2026, and some races and measures were still being counted. Advisory services are offered through Pro Capital LLC, a registered investment adviser registered with the Texas State Securities Board. Registration does not imply a certain level of skill or training.