Trump is costing us $2.7 billion in extra fees on nest egg
Everyone on Wall Street—from clerk to CEO—knows that this
rule (to give us the best advice for retirement savings) is the right
policy for American savers. OMB says it will save
us $2.7 billion over a decade. Our future financial stability rests on
using the best vehicle for our situation. In their greed, some Reps claim that they
won’t serve people with fewer assets. Their competitors will serve us so The
Don should get on board and let the market competition serve us. We always
thought our Reps were giving us the best of their ability. If they were; then
why object to the Rule? If not; shame, and shape up now. The Rule says ‘financial
advisers cannot lure us toward choices that give disproportionate kickbacks to
the advisers.’ It levels the playing field somewhat. Reps can’t offer the BEST
because the best has no commissions and very low fees. The Rep’s firm won’t
sell them. Trump’s
delay won’t change the FACTS: why pay 1.2% for a mutual fund when we can
buy the same accumulation for 0.2% a year. If that fund is in an annuity or
‘managed’ account, over time, we
lose up to 63% of our possible nest egg. That means we won’t have enough
and will need more public assistance which increases the debt. C’mon Don! Give
those with the least a break like you promised.
Get the BEST and have enough: https://www.amazon.com/Fiduciary-Rule-BEST-dont-pay-anymore/dp/1530980275
FREE tax preparation—Yes, part of Social Security can be
taxed
Advertising to you is how they pay for free credit score and
“free” tax prep
https://www.creditkarma.com/ needs
your views to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to
file a simple return, this is the cheapest way.
Usually simple means you have W-2 income and few deductions. The IRS has a
topic look up so you can find the answer to your question easier than waiting
on the telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/. Also,
you can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit up to $2,000
subtracted from tax you owe. Double Your Pleasure. And don’t
worry about audits—Congress got rid of auditors.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
Can we get Obama to come back until we can have another
election?
With the sitting presidency
under criminal investigation by the FBI and Congress, we need to consider
an interim measure. Only the guilty ask for immunity so Flynn knows he is in
trouble. As
a secret paid foreign spy, he had access to all our secrets while Trump’s
top Intel guy. Trump claims he did not know he was a paid spy so either he was
duped or Trump
is incompetent in hiring him. Clearly there is fire here and we should not
take any more steps down the Putin path until we know for sure. Trump hired his
campaign manager, Manafort, who has been in
the Putin orbit for a long time. Putin’s operations were detailed in Clint
Watts testimony. Why hire a Russian operative when there were hundreds of
competent GOP managers? Some of the possible-felon-Trump’s
actions may not be undone. For instance, Supremes can sit forever and most
Americans do NOT want to end abortion as a woman’s choice. Messing with all the
regs and trying to revive 1950s capitalism could disrupt our economy for years.
It would not hurt to determine if Trump
is guilty of treason by enabling his people to assist Russia in messing with our election process and
important policy decisions like removing
Ukraine sanctions or killing
extra Syrian civilians? Why does Trump attack NATO and EU allies? Does this
not give Putin what he wants—a stronger Russia using a divide and conquer tactic?
We need to stop
Putin from winning this “cold” war—a war for the hearts and minds of the people
of the world!
At least we know Obama does not hold dual citizenship.
Your Retirement Income
Checklist in the TrumpWorld
There are so many
unknowns in our futures that we must plan a FLEXIBLE financial future. We don’t
know what The Don will do next. We can anticipate some expenses but generally,
we must plan for a range of possible futures. If you stay invested in some
stock mutual funds to overcome inflation, how can you avoid a prolonged flat
market? If you count on fixed income like bonds or annuities, what happens if
inflation roars back? We can moderate big swings in stocks and bonds by
maintaining a balanced portfolio of low-cost funds. If we begin now, where we
are, we
may be able to add $250,000 to $500,000 before and during retirement. If we
can delay taking Social Security and or our pension or IRA, we can add
significant amounts to our future nest egg. Few retirees are happy playing around
all day after working for 50 years. A gradual shift is more appropriate and
rewarding. Today, retirees need to plan for 30 years AFTER working. You need to
make two budgets—one for now and one for the survivor using current assumptions
about income sources.
Remedy your
situation now while you can: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260
Is it treason?
The Don and his
lieutenants may be guilty of assisting a foreign power in influencing
our election. The FBI is probably looking at the way Manafort and others were
leading the GOP campaign AND being agents of Putin or his oligarchs. Do we know
for sure that foreigners did NOT hack the voting data of some states? Has the
FBI geeks checked every computer in all 500 voting districts? We
don’t need to have a smoking gun to prove that some Trump folks did NOT
have America Ukraine Russia before or during the campaign. Isn’t that a
LIE? Once
you are an agent, you are always an agent is common knowledge. Why is The
Don always so positive about Putin and Russia Russia U.S. election could be "considered
an act of war.” Why did Sessions
lie about contact if it was innocent? How can you lie to Congress and not
go to jail? Are Ivanka
and Jared qualified to be playing the role of Sec of State? Putin would
like us to abandon Europe and the former
Eastern Block countries and get in a war with N Korea . Are voters scared that his naiveté,
lack of judgment and gullibility to BS will start WWIII with the N.
Koreans?
What are Nunes,
Flynn, Sessions, Bannon, and crew hiding if not guilt of working with/for a
foreign power to destabilize America
Is Trump guilty of
treason if he allowed his people to assist Russia in messing with our election process and
important policy decisions?
RESULT: Putin wins this
“cold” war of winning the hearts and minds of the world!
Who are these
Russians that have “guided” The Don’s rise to power?
Some smart
researchers are using
GPS to discover who Don’s lieutenants hang out with. This connect-the-dots
game can help us understand what has happened to bring us to the brink of
presidential impeachment. When the FBI and Congress finish investigating, who
are these
Russians who have shaped American disruption? We have Rep Swalwell’s chart
to help us start. https://swalwell.house.gov/issues/russia-trump-his-administration-s-ties
‘Follow
the money’ was Nixon’s favorite ‘advice’: Russian fertilizer magnate Dmitry
Rybolovlev, a Putin comrade, paid
The Don $95 million for a $41 million mansion he had picked up earlier. Dmitry’s
wife claims he was hiding assets. Russian comrades often use real estate to
launder money from their deals. During the campaign, Dmitry was vacationing
with WH staff Ivanka
and Jared in Croatia
The
Don has many deep ties to Russia’s underworld elite which voters never knew
about.
“Facts are stubborn
things,” President John Adams, 1770.
Take responsibility
for your BS
Trump has been yelling
fire in the theater for years. Now he has become our daily ‘bread’ since
boasting that he could get Obama to give him his real birth certificate. Every
day we are forced to listen to his BS tweets. When he lies, he blames other
people like a bully in the playground. “Fox said Obama taped my phone, not me.”
Russia may run on BS and “alternative” facts but
Democracy cannot. Maybe that is the real reason The Don is playing with us
every day. Maybe he is trying to reach a “Putin state” where Execuive
Orders are the coin of the realm. He does not seem to want the real media
and Congress involved. Maybe destabilizing America is what Bannon, the Executive VP really has
in mind. Bannon’s “Deconstruction
of the administrative state” sounds like that is Trump’s goal too. Many trumpers
have said they like that idea. Trump even put Bannon in the holiest place--National
Security Council--so a propagandist replaces the Joint Chiefs and the director
of national intelligence. Is that like Goebbels replacing the Wehrmacht in
Germany Crimea and Ukraine citing NATO at his border. Trump has his
terrorists.
For those who say
‘let’s give him a chance,’ I say, we did and things are getting worse.
The Don will learn that Tax Reform is like health care—complicated
Why are there 5 to 17 lobbyists for each of our Reps in
Washington ? Lobbyists are paid
over $5.7 million per Rep to
make laws that favor their employers including tax subsidies and special
exemptions. It has taken 30-40 years for lobbyists to bend the rules to favor
their employers. Why should they give that up now? Only one reason—put more of
the tax burden on some other guy, usually us, the ordinary tax payer. We have
NO lobbyists in Washington buying
them dinner, trips, re-elections. Dow
company gets over 400 subsidies. GM and Buffett’s companies get over 300.
FedEx, GE over 200. The top 500 firms account for more than 16,000
subsidy awards worth $63 billion. Many of these same profitable companies
also pay NO taxes. You and I pay for them—we pay for their roads AND
their subsidies. Like
Trump in 1995, paying no taxes is what the rich want. Why would they change that now?
Nearly two-thirds of U.S.
companies and 68% of foreign corporations do not pay
federal income taxes, according to a congressional report. The Don has
promised to give corporations and the wealthy an even
sweeter deal. The wealthy
would receive a cut of 19% while we get only 4.9%. Corporations pay about 12% on average so the
Trump rate of 15% may only appeal to some. Many leave their profits overseas to
avoid paying their fair share. Many use expensive accountants and dummy
corporations and tax shelters to avoid
taxes like The Don. However,
We can use our tax credits to avoid taxes now: https://www.amazon.com/Tax-Credit-Class-your-credits-pay-ZERO/dp/1539462382
The Don could succeed by looking forward not backward
Every president has had a vision—some forward like Kennedy’s
moonshot, LBJ’s Great Society, Reagan’s tax breaks, ObamaCare—others backward
like LBJ’s Vietnam, Bush II’s Muslim nation building, Trump’s revive 50’s USA.
TrumpWorld promises low tech jobs in high tech world, fossil fuels
in wind/solar world,
aircraft carriers in computer bomb world, The Wall in a mobile world, polluted
air/water in a cleaner world. For instance, Chile
got solar utilities to offer electric
at HALF the cost of coal. Solar jobs
are growing at 12 times the rate of economy. For instance, Canada
provides health care to all citizens at fourth the cost. For instance, Germany
upgrades the skills of its workers every year and offers paid apprenticeship to
every young person. For instance, our Reps used to get elected by asking for
contributions of less
than $2700 and no dark PAC money. For instance, a
third of all new enterprises were started by US immigrants BEFORE the ban
of 2017. For instance, our governments used to be led by Americans with NO
foreign government help. We used to be envied by the entire world.
We give up a lot and gain very little by going backward.
Trump
still fears Hillary: tweet “answers” to debate with Bernie; 6 mo after the event.
Beware: “Tax
expenditure”
This is Washington BS
for tax breaks for the rich. GOP calls tax revenue given as special tax
treatment for friends, a tax
expenditure. It is the reason most corporate and wealthy citizens pay less
than we do—12% on average—because their Reps have added tax code exemptions,
deductions and credits. Tax expenditures are designed to benefit specific
activities or groups of taxpayers; the most important include deductions taken
by employers for management deferred comp, employee health insurance costs,
capital gains, corporate subsidies and mortgage debt interest. Our
retirement nest egg could be on the block next if GOP can find the votes. Traditional
pensions, 401(k)s and traditional and Roth IRAs offer delayed taxation to
encourage saving but are also tax expenditures. People can avoid current
taxation on up to $18,000 now. This tax-it-now approach looks attractive to GOP
tax cutters but could result in middle-income savers abandoning their
retirement plans. Use your tax shelter while you can.
*****************
We have entered
the Twilight Zone:
"There is a fifth dimension beyond that which is known
to man. It is a dimension as vast as space and timeless as infinity. It is the
middle ground between light and shadow, between
science and superstition, and it lies between the pit of man's fears
and the summit of his knowledge. It is an area which we call the Twilight
Zone" where “alternative
facts” and illusions of conspiracies are lived out. Lies are considered
true. Truth is what the loudest voice says it is over and over.
Rod Serling
Remember, Don Trump
is still a contractor from Queens NY, just
richer than most. As a promoter, his income is from lending
his wealth “brand” to other’s buildings and golf. Secret Service needs extra
$60 million in taxes to watch him in FL and cover sons to travel to promote
Trump properties worldwide. Don
going for another DC hotel to profit from foreign visitors for himself. SS
protection of his property paid by us.
Bannon called himself a “Leninist”
who wanted to “bring
everything crashing down.” State
Dept being decimated. Putin thrilled with cuts in aid to 3rd
world, NATO, etc!
Putin got GOP party plank to drop sanctions on Ukraine
invasion. Here is TrumpWorld
Trump
sued for inciting violence against rally participants, judge rules
GOP cuts programs of
folks who have no
power to oppose cuts. Cowardly
The Don (Putin) does not like
diplomacy, aid to poor, US
19 Agencies you may use being cut
from American society: The Don does not like Meals on Wheels, Sesame St. NPR
radio, Arts, Miners retraining, Seniors volunteers for poor, Americorp youth help poor, 62 in all for $343 billion
What GOP does NOT cut:
No cuts to subsidies to Boeing,
GE, Intel, Nike, Shell, Fiat, GM, Ford,
hundreds more.
No cuts to govt cost overruns of $ trillions
each year. And Congressperson subsidies.
Wealthy 1% will
receive a $165
billion tax break, Seniors
go back to food stamps.
Where does The Don
get his information?
Another Judge told
him the British CIA spied on him for Obama but Napolitano
made it up from former CIA source who NEVER said Obama ordered it.
The Don’s GOAL:
Build
the brand so every person on earth knows what “Trump” stands for and keep
repeating the name every day in every way.
Senate Dems block
Neil Gorsuch's nomination to the Supreme Court. Choice
still alive?
NY gyms turn off
cable news so NOT to stress
out patrons
*
Trump’s
secret plan to kill ISIS kills 200 Mosul women and children. Secretly
sending more military to war.
The
Don blames Obama for Syrian leader’s use of WMD even though he has special
relationship with Putin and could
end Syrian dictator with a phone call deal.
Why?
GOP just turned
smoke into fire—canceling
Russia influence probe sinks all Prez men. Trump
men gave secrets to House Intel probe which Nunes gives back to Trump. ??
Flynn
wants to spill his guts—FBI should put him in safe house away from Putin’s
men.
GOP ready to shut
government down again—tax
cuts cost $5 Trillion in debt to China.
GOP
to shut down state approved retirement savings plans for workers. No states
rights!
The Don cuts
consumer protection against high rates, rip off artists.
“Everyone
is covered” in GOP plan except
the 24 million who cannot afford it. TrumpCare
failed because of the Democrats the Art of Deal maker claims. TrumpCare was
a tax
cut for the rich, wrapped up in pretty lies about the poor and needy.
Trump
accuses Britain of spying on him for Obama. No apology to Brits for his
mistake or to Obama for accusing him of a felony. Like birth cert. LIES
Putin’s
FSB does surveillance of Trump campaign; makes it look like Obama for chaos
Obama’s
security adviser found Trump official’s names in intelligence reports.
GOP
gave business our privacy rights so our browser info can be sold w/o
permission
Putin influence: Putin
marks all over Trump’s crew—“more than circumstantial case.”
The Don was naïve
about Russian influence among lieutenants. Spicer claims Trump never asked
Manafort, Flynn, others about pay from foreigners. He never vetted them about
who paid them during campaign—Manafort, Page, Flynn, Stone, Tillerson, Ross,
etc Connections
chart. Manafort was campaign manager paid $10 mil yr by USSR Indian Ocean .
The Don publicly
praised admitted sexual harassment perpetrator O’Reilly.
*************
Regulators are the only protection against
corporations since we
can’t sue anymore
“It is nearly
impossible for one individual to take on a corporation with vast resources.”
Supremes
stop us from suing—State courts no
longer available to sue corporations!
Trump eliminating
regs banning oil coal gas firms pay to foreign countries as bribes, cancel
birth control for poor, open Alaska to grizzly killing by air, allow coal slag
in rivers, cancel global warming treaty,
Ford
recalls 52,000 F-250 trucks because they move while in ‘park.’ Jeeps
do the same.
Mark Anderson Jones, Miami
caught operated a $10 million pyramid—clients lose $4M
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
GM
killed 124 because ignition switch pin not replaced after knew it
killed first in 2006.
Police want gun control.
When everyone has guns; your
chance of being killed goes up. Police don’t know who
to shoot. They assume everyone has one and shoot
first. You and thief have guns. CO schools now allow
teachers/administrators to carry
guns in the classroom. Kid lesson! Since 2015, police have killed
86 people with realistic looking FAKE guns--suicide?
Police organization issued a formal
apology for the historic mistreatment of minorities.
FL makes it easier
to kill others if you feel threatened—“prove I didn’t feel threatened”
OK 23
year old kills 3 teens with AR 15 in home robbery—no charges—stand ground.
SCAMS:
Trump secret
in defeating ISIL is to kill more Syrian women and children
20% of patients with
serious medical conditions are misdiagnosed
by their doctors
Ignoramus Award:
Trump proclaimed
April as National Sexual Assault and Prevention Month—Lock
Trump Up for his admitted
assault on a woman as taped in his own words. 17 accusers.
How our government
wastes our money:
Great
Wall of Trump will cut Rio Grande in HALF and homeowners will lose land.
IRS using phone threats again if you owe; resuming the use of private debt collectors,
Navy
wasted $17.2 million each 200 T45 trainer jets that suffocate pilots when
flying.
Where have all the
jobs gone?
GM
avoids 100s of potential failures of vehicle-assembling robots by analyzing
their data
Payless Shoes closing 400 stores.
Jobs with fastest growing salary: http://www.cheatsheet.com/money-career/jobs-fastest-growing-salaries.html/?a=viewall
Which job board sites are best
for your job search?
Ransomware recovery: http://securityaffairs.co/wordpress/53438/malware/ransomware-recover-guide.html
Cancel Robo calls with Mr NoMoRobo: https://www.nomorobo.com/
Miracle:
Did you miss your refund? Miracle if your
state is holding your money and gives it back. https://www.missingmoney.com/Main/Search.cfm
IAN
41 Watchung Plaza, B242
973.746.2014
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