Is Biden’s Proposed Tax Increase Fueling Unprecedented M&A Boom?

In recent days, the media has been abuzz with reports of a booming mergers and acquisitions (M&A) market. The first half of 2021 saw $2.5 trillion in deals closed, according to Bloomberg, which is unprecedented. Is the prospect for a rise in capital gains taxes by the Biden Administration one of the contributing factors to this recent boom? We asked some of the country’s top M&A advisors for their take on the issue.