Don’s last public tax
return shows $0 tax – “I try to pay the least tax”
And he did in the 1978
and 79 tax reporting. He can because he owns tons of real estate with
depreciation and maintenance expenses to offset $ millions of income. He buys NJ
plane with NO NJ Middle East
and all over the place,” he said. IRS audits don’t exclude disclosure. Don may
fear showing his flock how little he pays because he “writes off everything he
has in his life — the hairdo, the plane — as business expenses.” He uses other
people’s money (Pritzker) and government subsidies ($400 mill) to drive his
mogul image but hides his own income with tax tricks created by 25 CPAs and
lawyers. His bankruptcy cancels
his worker’s benefits. Don wants to become THE tax collector, but doesn’t
want voters to know if he’s an evader. Audit will ‘fix’ the $0 tax returns in
time for vote.
Use your tax refunds
to build legal Tax-FREE wealth
like Don: http://www.amazon.com/Build-Your-Tax-FREE-Wealth-Reserve/dp/1456505041
Most rich people got
there with a buy and hold stock investing
Most
multimillionaires in the U.S. have a middle-class background and built
their wealth gradually through hard
work and buy-and-hold investing, according to the 2016 U.S. Trust Insights
on Wealth and Worth released Monday. Solid family backgrounds and living with a
purpose contribute to the disciplined attitude toward money. They value stock
investments for long-term growth using consistent investing methods at work. The
earn
11% not 3.79%. They value community involvement to improve other people’s lives.
They don’t use accounting tricks to avoid taxes. They avoid taxes by NOT
trading.
They avoid brokerage
fees: http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137
Vanguard cuts fees
for mutual funds and ETF again
The largest fund
manager took in the most deposits in 2015. Vanguard is owned by its investors
so it runs funds “at cost.” As it grows, it lowers fees for all investors. Example:
April 2016. Lower expense ratios for 88 mutual fund and ETF shares.
April 2016. Lower expense ratios for 88 mutual fund and ETF shares.
February 2016. Lower
expense ratios for 42 mutual fund and ETF shares.
January 2016. Lower
expense ratios for 35 mutual fund and ETF shares.
December 2015. Lower
expense ratios for 53 mutual fund shares, including 21 ETFs.
High fees can drain
our nest egg by 63%:
http://www.amazon.com/Best-Predictor-Investment-Success-Cost/dp/1502524082
Is an annuity right
for your defined benefit pension?
Most situations do
not benefit you. Garrett Planners almost never convert a defined benefit
pension to an annuity. Advisors who stand to make high fees may claim that you
will lose it all if the firm paying the pension goes belly up. Usually pensions
are insured. Check the fees over a lifetime compared to the pension’s chance of
default. Advisor’s plan can default too. There are no refunds when rates go up.
Look at the
alternatives first: http://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019
GOP lost voter suppression
move in OH
Court
struck republican law to restrict voting. Judge Michael H. Watson of U.S.
District Court in Columbus said the Republican-dominated Ohio legislature violated
the federal constitution and Voting Rights Act in 2014 when it reduced the
state's early voting period from 35 to 28 days. The move also eliminated the
so-called Golden Week in which eligible residents could register to vote and
cast an absentee ballot at the same time. GOP would burden the right to vote of
African Americans, who use (early in-person) voting significantly more than
other voters," Watson said. With high-stakes voting cases also working
their way through courts in such states as Texas,
North
Carolina and Wisconsin , "There is sorely a need for
clarification" from the Supremes right now.
GOP uses “voter
fraud” as excuse but there is no
fraud, just discrimination.
Roth IRA adds
$300,000 FREE to millennial’s nest egg
Retirees are
discovering the real benefits of the Roth IRA and Roth 401k. Retirees have to
pay taxes on their pensions and old IRAs since they received a tax break when
contributions were made years ago. They were not taxed on all their income back
then. Deductibility was the sizzle to most retirement plans then. Now they are
paying the price. Some must also pay taxes on up to 85% of their SS benefits.
When you add their part time work and taxable dividends, retirees may be in the
25% bracket. If the state does not exclude pensions and SS benefits, they may
pay another 5-7%. When young workers compare the benefits of the Roth to
regular 401k, they may see that paying a little more now can provide HUGE
benefits later. They avoid paying 30% tax on their $1 nest egg.
It’s All FREE—no
taxes: https://www.amazon.com/Millennials-Investment-Strategy-BEST-Journey-ebook/dp/B01F91BUWG
What does Trump’s National Socialism stand for?
Reinstate older
white male value system: Make America Great Again
Reinstate Christianity as the state
religion—bar
all others from public office
Reinstate Christmas and Christian
observance in schools, home, court, etc
Put up a wall, end trade, bring
back repetitive “robotic” jobs back from low wage areas.
Cut regulation of all business activity, lower
wages for women, pregnancy
Increase
subsidies to oil gas corp farmers, Boeing, big business
Climate change is a hoax. Let
oil companies drill anywhere. XL pipeline approved
Cut federal spending on health especially when
control women clinics
Don
will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”
Cancel immigration for all the rapists and terrorists from
non-EU countries
Limit rights of non-Christians, Muslims, gays,
Asians, protesters, press
Cut funding for un-wealthy,
poor, schools. seniors, underemployed, etc.
Increase debt and devalue debt. Let Mexico
pay for the Wall.
Trade pacts are no good for us and no good for our workers.
Abolish IRS, EPA, Education, Dodd-Frank
financial protections
National right to buy and carry any firearms anywhere
anytime by anyone age 2 and up.
Install state Gov that cuts
Medicaid, education, federal support payments, infrastructure.
Don: Hill
will take away your gun rights. Forget that I wanted to ban assault weapons
Vegas
police prove Don wrong—Muslims are here to stay
Global warming
is HOAX but I am building sea wall at my golf courses.
My "liaison on Christian
policy" televangelist Amedia
will scare liberals out.
I
never said $6 million gifts to Vets—tape says yes--where is the $2.6
million?
I
will debate Dems for $10 million. I won already so don’t need convention.
I goofed but hey, it’s
just email, people. We Clintons never follow the rules.
Paul: I don’t
need to endorse Don since he already won—I will be final choice of GOP.
“We don’t always nominate a Lincoln
and a Reagan every four years.” Really?
More young adults at
home than with partners like 1900!
Not since the 1900s,
have so
many adults lived with parents. the proportions of both male and female 18-
to 34-year-olds living at home are high—35 percent for the men, 29 percent for
the women—and have grown in recent years, while the shares of those living with
partners have plummeted. Young adults without bachelor’s degrees are more
likely to live in their parents' homes, which in 2008 became more common
than residing with partners did. The trend is driven by the experiences of more
economically disadvantaged young adults. Living alone or single parent rose
in the 1970s. Wages have remained flat over the last 30 years while most
expenses have increased. Parents and children seem to be more accepting of the
situation.
Wells Fargo first
bank to offer low-cost robo advisory
Robo-advisers manage
client money using algorithms rather than traditional human brokers, and have
been popular with investors who want to pay lower fees or prefer digital
options. Wells
will try to gather small investors early. Young investors with few dollars
to spend use robo-advisors to pay less and earn more. Typically, fewer trades
reduce taxes too. So the question for all investors should be, “how
much does it cost to have your returns exceed the market by 1% or 2%.”
Schwab and TD have introduced refunds on new money. Hedge funds do not refund
but some have cut fees. Tudor
will reduce fees to 2.25 % assets and 25% of profits soon. Most still can’t
beat the index.
Lower fees produce
greater earnings: http://www.amazon.com/Pay-less-Get-more-investment/dp/1500598321
Regulators are the only protection we have since we
can’t sue anymore
“It is nearly
impossible for one individual to take on a corporation with vast resources.”
(GOP bill requires impossible: every person in class
action suffer “same type and scope of injury”)
Supremes
stop us from suing—State courts no longer available to sue corporations!
.Does airport screening work? Last
test says no! Rich (terrorists) pay $85 for PASS.
.MetLife
caught misleading in annuity sales to vulnerable investors for retirement.
.Senate repeals
new Fiduciary Rule that protects us from high-cost retirement products
.Congress cuts
investment advisor examiners from SEC budget: more misleading sales.
.Morris Zukerman caught
evading $45 million in taxes using fake corp and charity.
.Insurers paying
desk engineers to reduce Sandy claims—“pre-existing earth settlement”
.5 IRS
phone impersonators caught stealing $2 million from 1500 frightened
taxpayers.
.3 Idaho white
HS racists rape black teammate with coat hanger after coach ignores signs.
.David Eghbali, Wells Fargo, caught
shifting mortgage fees to earn higher payout.
.cancerous
tumors in rats that received radiation similar
to that by mobile phones.
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
SCAMS
Target
suing man who saved Target customer’s life – cost of Good Samaritan?
Hedge
funds who own PR debt accusing gov of preferential treatment to local
creditors
'Swiss-Made'
Watches is A Joke, Says Homegrown Maker Of Lower-Cost Watches
New bogus calls from IRS fakers demand non-existent tax,
“Federal Student Tax.”
How our government wastes our money
Pentagon spends $HALF
Billion on bands, uniforms, instruments but VA can’t give appt
Feds spend $50 Billions to keep
old floppy computers running—no plan to upgrade--ever
Control
nuclear subs with 1970s IBM 8” worn out floppies and COBOL systems.
Who owns your account now?
IAN
41 Watchung Plaza, B242
973.746.2014
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