Tax Rates Hikes
As a follow up to my video in the next blog, unless Congress passes a new tax law in a lame duck session by the end of the year, higher taxes are in your future.
Here’s the chart
Tax Cuts for Some, but AMT for All
Good move, and let’s see what happens in Congress with this hot potato.
Is anyone talking about Alternative Minimum Tax (AMT)? No.
The AMT is scheduled to sunset too, and the Congressional Budget Office estimates the number of people this affects will jump from 4.5 million taxpayers to 27 million in 2011.
Click on these links to see a few tax cut articles.
Why the Euro is Doomed
Have you been paying attention to my blogs? Good, that’s the answer I wanted.
The Euro? I surely wouldn’t be long the Euro.
Taxpayers on the Hook for $3 Trillion in Pensions
State pensions are in a world of hurt, and you and I will be subsidizing them in the future. Do you think this will cause some slowdown in state revenues and resources? Of course.