Will you be paying more tax in retirement?
Your Social Security is taxed—Up to 85% of your benefits are
taxed. If you will have over $34,000 ($44,000 joint) in income from 401ks,
pensions, annuities and IRAs, your benefits are going to be taxed. You may end
up in a higher tax bracket in the future. Now may be the time to increase tax-FREE income while you still can.
Use our Tax-FREE Retirement NOW so you can
spend less on Medicare, which is priced on your income. Only $12.95 at Amazon: https://www.createspace.com/3852782
by our Insider Law Steeple.
Obama paid 20.5% tax on his income. What
did you pay?
Romney paid under 14%. If the capital gains tax is 15%, how
did he do that? How does Buffett pay just 17%?
You can use the rules like they do. Build Tax-FREE
wealth: http://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236
Do you want to save?
79% of people say they would rather have $500 dollars to
spend five years from now than $50 to spend today, according to a survey. But
that requires an investment earning 50% a year—NOT POSSIBLE legally. Members
expect $100 to be worth $10,000 in the future using a tax-FREE financial system
with low-cost mutual funds earning 10-12% a year. Building wealth takes patience.
http://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466/
MT health insurance rates spike
Federal health officials have labeled as
"unreasonable" a 15 percent rate increase this year by one of the
larger health insurers in Montana 's
small-group and individual market.
Yet the company said Friday it disagrees with the
determination, and is going ahead with the increases, Assurant Health of
Milwaukee said. Federal and state officials have no authority to stop the
increase. All you can do is fire them like Romney but that assumes there are
cheaper alternatives. Where is the public option?
GOP out of control? Signals
to the crazies to take action?
Santorum
donor asks, Are Obama's 'Teleprompters Are Bulletproof'?
Is this the call to arms for the gun-toting vigilantes in Texas
and Florida ?
MI allows bikers to go helmetless Live free or die?
GOP reverses safety law of over 50 years. Insurers and
hospitals gear up for more business.
Where do special interests stand on ObmaCare?
Drug companies do not appear to be looking forward to having
to go back to the drawing board on health-care reform if the landmark
legislation is somehow struck down by an upcoming Supreme Court decision.
Doctors And AMA
Split Over ObamaCare. Physicians treating Medicare beneficiaries receive 81% of
the rate private insurers pay. For Medicaid patients, reimbursements are even
lower — just 56% of the private rate. In 2009, underpayments to hospitals
amounted to $36.5 billion.
Romney’s plan
"I'm going to probably eliminate for high-income people
the second-home mortgage deduction," Romney said, adding that he would
also likely eliminate deductions for state income and property taxes as well, according
to NBC's Garrett Haake.
“I will send a lot of what happens in Washingtonback to the
states."
Eliminate the Department of Housing and Urban Development,
downsize the Department of Education. Romney’s plans are hidden away—not fodder
for Dems to use against him.
Do you need a prepaid credit card?
Pay no monthly fee and no reload fee or no ATM fees. Your
choice for emergency or your student book buys or safety (no cash carry)?
SCAMS
Wealthy have
already figured out how to avoid new taxes!
The
highest-earning U.S. households have ways to escape President Barack Obama's
Buffett rule or other measure with tax-planning techniques that would limit
their liability. Those affected taxpayers
could take advantage of tax-free investments such as municipal bonds to escape
the Buffett rule's bite. Their tax rate—the one they actually pay—fell from
almost 30 percent in 1995 to just over 18 percent in 2008, according to the
Internal Revenue Service.
Wealthy also use complicated borrowings that never get
repaid, netting the beneficiaries hundreds of millions in tax-free cash. Frank
McCourt paid no income taxes for years. Executives with company shares borrow
against them, invest, pay tax later with gains.
RE partner wants
out: he has firm borrow cash he needs, invest or hides from taxes.
Leave future stock earnings to the kids and escape the estate tax with
a GRAT.
“Freezing” the value of an estate, so taxes don’t eat up its future
appreciation.
Stock options allow executives to calibrate the taxes on their compensation
much later.
Using, but not unloading, underwater stock shares to adjust your tax
bill when you want.
An investor can sell property without
actually selling—or incurring taxes using partner.
PUA cash value life insurance loans provide
tax-avoiding benefits.
Converting traditional IRAs to Roth IRAs.
Future accumulations tax FREE.
Executive’s deferred-compensation plan can
mean decades of tax-free growth. http://www.businessweek.com/articles/2012-04-17/how-to-pay-no-taxes-10-strategies-used-by-the-rich?campaign_id=yhoo
Here we go again? Too Big To Fail bankers use us
as backstop to save them
Credit default swap
(CDS) spread movement and liquidity for Goldman Sachs, Morgan Stanley and Bank
of America is showing elevated pricing risk, according to Fitch Solutions in
its latest earnings commentary.
If Washington could just stop the bleeding
Fraud, waste and
abuse cost the Medicare program $48 billion in 2010. The health care industry
has begun incorporating the latest technology from the banking industry to
catch fraud, waste and abuse earlier. “Have you ever gone on a spending spree
only to get a call from your credit card company that same day to make sure
your card wasn’t stolen?” Stubbers asked. “In the same way, health plans have
begun detecting claims that might be out of the ordinary to stop fraud before
it happens.”
Fed takes the 5th after scandal of wasting our tax money
Fed takes the 5th after scandal of wasting our tax money
We paid for an October 2010 Las Vegas
conference that cost $823,000. The regional executive who hosted the Western
Regions Conference, Jeffrey Neely, invoked his Fifth Amendment rights and his
chair remained empty the rest of the House Oversight and Government Reform
hearing. He could face a criminal investigation. He got a $9,000 bonus for it
too. His boss resigned and fired another without getting money back.
Who owns your account now?
Edelman Financial
to Lee Equity Partners
Old Mutual mutual funds to Touchstone Investments
IAN
41 Watchung Plaza, B242
973.746.2014
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