I saw this coming a mile off! TPB making sure that financial planners fall under their umbrella. Then make the argument that the number of individuals / firms that they have to regulate has sky rocketed. Increase annual fees. Wash. Rinse. Repeat. But the last laugh is always on the client / taxpayer and they will pay through higher fees. There is absolutely zero doubt that advice (tax, accounting, financial etc) will only be afforded by the wealthy. Government regulation at its finest: ensuring EXACTLY THE OPPOSITE outcome than that which was intended.
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