There is just one way left for us to avoid paying for
corporate and wealthy tax breaks
The GOP has just one
‘corporate subsidy’ repeal in the ‘reform’ bill—“marginal oil and gas
wells.” All significant corporate and tax shelters were left in tact. Trump’s
mob, Commerce Sec Ross,
State Dept. Tillerson, advisor Cohn, Treasury Mnuchin, Fed v-chair Quarles, and
Ambassador Jon Huntsman hide their money in various shelters under fake
firms/names. The new report
says they hide their money in the Cayman
Islands. Apple
hides its money in the tiny island of Jersey. What
can we do to avoid paying for these subsidies
and business
tax credits? You and I do NOT have to hide our money in a foreign
country. We do NOT have to hire a lawyer to create fake firms and names.
You and I have a legal tax shelter here with an IRS Sec. 408 Trust.
Avoid paying for their tax breaks with your legal tax shelter: https://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466
“Do I still need my life
insurance”?
Recently, a 50 year
old friend asked if he needed to continue his and his wife coverage. Right now
there is a sale on term life insurance for any age—at age 50, you can buy $½
million for about $1 a day. Term life is for set period for set amount with no
savings portion. It is pure death insurance for those you want to protect. My
friend was given term insurance as part of his work benefits but his wife was
doing free lance. At this stage of their retirement accounts, they were more
than covered by their savings/investments so that if something happened
tomorrow each would NOT NEED life insurance. Pure life insurance is to protect
your loved ones BEFORE you have the assets to live on. If you need coverage
because you don’t have $½ million to live one for the rest of your life, avoid
any policy with savings portion. There are less expensive alternatives for a ‘cash
value’ account. He decided to drop the policies. Term gets expensive after age
50 so if you need it, buy a 10-year term by age 50 from a discount carrier.
Get discount term: https://www.amazon.com/Life-Insurance-Need-It-Save-right-one/dp/1480002178
Why does Trump’s
wealthy class want to get rid of the estate tax?
You and I are not
going to pay this tax since it starts at about $11 million. Most wealthy farmers
have figured out how to pay the tax if they are soil rich and cash poor. The reason we
have this tax is so America doesn’t end up like the aristocrats in medieval
Europe . Can you see Ivanka, Jr and Eric with even
more wealth? Why is the GOP giving 5,500 wealthy people’s heirs a huge
tax break? Are these 5,500 the big GOP donors? Yes, like Trump’s kids,
they are already wealthy and don’t
need the money. Trump saves his own
estate
$564 million in tax—enough to cover his FL and NJ golf trips for 4 years if
he had to pay for them instead of us. We need the money worse than they do.
Avoid taxes like the
Trump mob: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
Is your advisor’s
‘model portfolio’ right for you?
With the
proliferation of ‘model portfolio’ platforms, investment management is
increasingly automated, ubiquitous, and not at all your financial advisor’s job.
At least 74
percent of advisors use models: either models created in-house by the
advisor themselves or by an in-house investment team, or outsourced to asset
managers and strategists, according to Cerulli Associates. So your ‘personal’
specially-designed ‘choice’ of securities could be a robo-advisor churned out
by a third party you don’t even know about. And for this, you are paying
an extra fee. Over time, very few advisors, human or electronic can
outperform the index simply because of costs. But you pay the fees for quick
answers, timely contacts, and good advice. You understand that no portfolio can
beat the index most of the time. But wait, most investors don’t need a
full-service broker or advisor. They need someone to affirm their decisions or
answer questions quickly. For instance, Vanguard
Personal Advisor Services costs only 0.30% of your assets—about a third of
the industry's cost of 0.99%--you keep more and get only what you need.
Now there is a
better way: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957
GOP repealed NONE of
the 1,833 business subsidies but 32 of our deductions
Subsidies
and loopholes and foreign cash reserves we still pay for in the new tax
code were NOT repealed. 1,833
large companies have received federal grants and/or tax credits worth $17.8
Trillion. Are these the same firms that pay for our 534 Congress’s
elections and kids’ college educations? 268 are
already millionaires. Why is the GOP giving 5,500 wealthy people’s heirs a
huge tax break? Are these 5,500 the big GOP donors? Yes, like Trump’s kids,
they are already wealthy and don’t need the money. Trump saves his own estate
$564 million in tax—enough to cover his FL and NJ golf trips for 4 years we
now pay for. We need the money worse than they do. Each missile Trump fired on Syria ’s airport to scare them costs us $1 million.
The extra cost of just 3 new destroyers is $450 million.
Total is $12 Billion and counting since they are still trying to make them work.
Instead of giving our money to firms and people that are already making money, we
could pay down the debt, which used to worry GOP.
Use your legal tax
shelter: https://www.amazon.com/Your-Tax-FREE-Account-IRS-approved-shelter/dp/153735292X
ONE THIRD of us will
have higher taxes in 10 years to cover this ‘tax cut’
The Tax Policy Center ran the numbers. By 2027, 31%
of middle-class filers would see tax hikes. Repealing the Alt. Minimum Tax
created by GOP so the rich pay something means the burden
will shift to those making between $48,600 and $86,100. GOP has rigged
the tax
‘reform’ to trick us into giving them HUGE extra money for their
tax shelters. GOP budget has big cuts in funding for Medicare and Medicaid
in our future. Hidden in the budget they just passed are cuts of $4 Trillion in
spending including nearly $500 billion in cuts
to Medicare and $1 trillion to Medicaid. This means that in a few years,
you and I will need to pay more for a relatives’ nursing home and our own
health care. Plus
our taxes go back up. You and I need a tax shelter like the Trump
class.
Avoid Trump tax: https://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441
Best first car for
reliable transport
When your teen needs
a car to get around, what
are the best choices? Where do they look? How much should they spend? $5000
can put them in a safe Honda Civic or Toyota Celica. $6000 can buy a
truck like the Toyota Tacoma. Quality and later models cost a little more but
may be worth it. We can still find a baby Lexus IS300. Chevy Equinox leads
the list of SUV capacity carriers. Teens pay less using your insurance. Shop to
avoid high premiums: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634
Wealthy have already
got a way to beat the new tax law
Changes in the tax
code will RAISE taxes for some middle-income families. Property tax and
mortgage interest are no longer deductible, thus increasing their taxable
income. However, as always the wealthy remain wealthy by avoiding taxes. They
have found a “workaround for a tax-plan provision under consideration in
Congress that would take
away the mortgage-interest deduction.” They will turn their extra property
into an investment property so that the expenses are deductible. The high
property tax and interest will offset any income so they will pay no more in
income taxes.
Socialism for the
Rich: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584
Where is the best
place for your retirement money now?
If the tax cut bill
does not pass this year, the market may drop. Where should your money be now so
that you weather the fall and bounce back—gold, cash? Based on the experience
of the decline in 2007-8, withdrawing retirement money from the market gave you
a permanent loss. If you went to gold,
you were up 47% but if you had left money in the market from 2007 to 2016
your money has doubled, earning 8.76% per
annum. If you were out, you missed 27% and 32% jumps. That is the trouble
with taking advice from ‘professionals’, they don’t know. Let it ride.
Let your money do
the work: https://www.amazon.com/Go-Tax-FREE-Investing-Income-Forever/dp/1482633280
GOP favor insurers
going back to “junk” insurance for us. Congress could negotiate lower drug
and hospital costs but lobbyists won’t let them. Instead they fear losing their
donors. Funny, they get to keep their full quality coverage. It’s ObamaCare.
Self-dealing is OK
with GOP
Trump's repeal of the Alternative Minimum Tax is the best part of his ‘reform’ because it
once cost
the president $31 million. It accounted
for most of the $38.5 million in taxes Trump paid that year. With the estate tax repealed, Trump's estate
saves $564 million based on an estimated net worth of $3 billion. No wonder
Ivanka
is stumping for it. Billionaires don’t pay the top bracket of 39.6%.
Billionaires like Trump who DO NOT live on their dividends and capital
gains taxed @15% (avoiding Income tax) can use the new Trump business
‘pass-thru’ tax of 25%. Since Nixon’s Alternative Minimum Tax is to be
repealed, this will be the tax of choice for many high income executives. Nixon,
an old republican, thought that the rich should NOT avoid all taxes with
deductions and tax credits. Wall-Street class’s will get a WindFall
and NOT pay the 39.6% rate. Most of Trump’s class used to have to pay
something because of the alt minimum tax.
The AMT was one of few ways Trump had to pay $31
million in taxes one year. Many
corporations don’t pay tax at all but they will continue to pay for our ‘reps’
to hide
subsidies and loopholes that were NOT eliminated. Only 1 subsidy was
repealed—small oil and gas wells. All the rest of the thousands of corporate
‘welfare’ payments or tax credits will be paid as usual. A
Spanish firm got $2 billion of the $17.8 Trillion total. And guess who has
money in the 1,833 ‘welfare’ recipients? Right, Congress’s donors.
Get additional tax credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
Trump and GOP are promising higher wages from corporate tax
cut
“The hourly wages
of high-wage workers rose 41 percent in the 34-year period between 1979 and
2013; the hourly
wages of middle-wage workers grew 6 percent in that time frame, and the
wages of low-wage workers fell 5 percent” according to the Economic Policy Institute. We did NOT see
a bump in wages when Bush II cut taxes. Why would a company use its added cash
to pay us more when we have been taking less since the 70s? They
don’t use their subsidies to pay more wages, why would they use cash?
Wouldn’t you keep it in a shelter or pay your own executives and investors more
if you were in charge? Since the firms have money why
would they invest the cuts in new operations? They haven’t and won’t. Fed
revenue from corporate taxes has fallen while our taxes for Social Security and
Medicare have ballooned. Our taxes are low compared to the world.
NO Don, this is NOT
a middle class tax cut: https://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441
What made Fidelity investment accounts successful?
Fidelity found that account holders that did NOT 'manage'
their accounts or died were the most successful. Think about that! You
can earn more in your investment account by NOT touching your money. When you let someone 'manage' your money
they tend to waste it and then charge you a fee to boot. It
Just Takes Time shows us why ‘buy and hold’ stock funds win. Warren
Buffett's teacher, Benjamin Graham, once said: “Buy stocks like you buy
groceries not perfume.” Don't buy the stocks that the Wall Street media or your
advisor tells you to buy. Buy those that are the most profitable firms
worldwide. Just buy low-cost stock market index funds and keep buying. You
don’t have to pick the right stock. And you don’t have to do a thing to get
rich: It Just Takes Time.
Try Buffett’s strategy: https://www.amazon.com/Just-Takes-Time-money-old-fashioned-ebook/dp/B07751F8N2
Ebook or paperback: https://www.amazon.com/Just-Takes-Time-money-old-fashioned/dp/1979380945
****************
TrumpWorld
Trump’s money launderer manager indicted on
12 counts: conspiracy
against US.
The Don is now
blaming Jared, real estate agent, for bad advice about FBI. Under bus?
Trump campaign execs
met
with Russians 30 times and denied any contact.
Trump is still just a mafia contractor from Queens—Dad
taught him to be The Don.
Smoking
gun: “Our boy can become president of the USA
and we can engineer it,” Sater wrote in an email to lawyer Cohen. “I will get
all of Putins
team to buy in on this.” Manafort
tells Russian mob he will keep them informed about “our boy.”
Ross,
Commerce, direct link to Putin energy consortium and Russia-Cyprus bank
Jared deal with Evraz’s owner links to Russia
steel pipe in KeystoneXL/Cheniere
Jared’s
real estate investor Milner: front man for Putin bank funded Facebook
Twitter
Putin sent 60 money wires to US marked “to
finance election campaign of 2016.”
Undisclosed $26
million loan from Russian to Trump campaign manager Paul Manafort.
Mob
doesn’t call the FBI when Jr doing an illegal deal with fellow
mobsters. Receiving
stuff from ‘foreign power’ during campaign is illegal—even for idiots
and morons.
Trump
campaign asked Wiki to get Hillary emails from Putin hackers: smoking gun?
Putin using Twitter
now with fake followers for Trump mob—how great impact?
Trumpers
colluded with Russia by pushing their propaganda as if it was own tweet.
Putin
hired activists to stage demonstrations and promote divisive content.
‘Ministry
of Truth’ 1984 novel: Government propaganda is ‘truth’ when they say it!
Trump Calls on the FBI to ‘Go After’ His Enemies (for
Things That Aren’t Crimes)
“No Russia
connection” but Jared
and Ross in with Russian mob laundering biz
Jared
uses Russian money for projects and Russian cutout
buys Facebook Twitter stock
ObamaCare ‘collapsing’ but 600,000 more signed up in four
days 2017: Mandate
works!
Russia
agent met with so many Trumpers the list is so long to name them all.
Trump on tax: “The
deal is so bad for rich people, I had to throw in the estate tax just to
give them something.” But 80%
of cuts go 1% and estate tax repeal
only helps 5,500.
Wealthy do not
create growth or wage hikes; money
is sent to tax shelters/foreign corps.
Trump
mob are all connected to Russia with money using different links.
My Theory on Trump/Putin ‘love’:
Trump got Russian
help/funding for business
from business/mob
ties to Putin. US
banks not interested in more
bankruptcies. No one expected him to win so no harm getting Putin help. Don
owes Vlad’s mob money so they sent mob
gofer Manafort to run the campaign. ‘Colluding’
Putin style. Trump always has a fall guy to
blame when caught in lie. Sessions claims campaign execs all
too inept and overwhelmed to collude on purpose.
TrumpWorld –
using presidency to make money the old fashioned way: theft
Tax reform saves the
president $31 million. It accounted
for most of the $38.5 million in taxes Trump paid that year. With the estate tax repealed, Trump's
estate saves $564 million based on an estimated net worth of $3 billion, as Bloomberg reported last year.
Trump
hires only foreign workers to save
expenses despite “hire American” lecture
GOP
gives Trump’s golf business special loophole for $600 million over a
decade.
Dictator talk time:
“When the president does it, that means it is not
illegal,” Richard Nixon
GOP lost moral way: 50 religionists say Moore
is “defender
of the sanctity of marriage.”
“The
reason our stock market is so successful is because of me,” Trump claims.
The Don is moving
us to a dictatorship where the only people who go to jail are his enemies
and non whites he does not like. Racists
and nationalists get pardons. If Flynn Page
and Manafort
get indicted by Mueller, The Don will just give them a “get out of jail
free” card so they don’t rat him out. He is also paying their lawyers to keep
quiet.
Energized voices
demand leader
who can make America applaud white men like 1950s
Avoid
the Russian/Trump propaganda—quit Fox, Facebook and Twitter now
Trump has transformed
opinion into fact and fact into enemy propaganda. Scam War
“The
president can’t have a
conflict of interest.” The Don is above the law?
Fires FBI head because he was investigating The Don’s Russia
mob ties.
1998 the House of Representatives approves two articles
of impeachment against
President Bill Clinton,
charging him with lying
under oath to a federal grand jury and obstructing
justice.
2017 Nov. House of Representatives introduced articles of impeachment
against President Don Trump, charging him with firing FBI Comey, violations of
the Emoluments Clause, actions "undermining" the judiciary and freedom
of the press.
2018 the House of Representatives approves two articles
of impeachment against
President Don Trump, charging him with lying
under oath and obstructing
justice.
Quid pro quo:
"something for something."
GOP
accepts child molester “not generally” into senate to pass something;
anything now
50 religionists claim Moore
is “defender
of the sanctity of marriage” and religious liberty.
Trump
puts tax-dodging attorney at IRS to give election donors a break on audits.
First job: build
a safe in vault to hold Trump’s tax returns; cost $15,000
Why should a 14
year old be shooting defenseless animals? Useful in her life? Fun?
We have given The Don time to act like president: Time
to Impeach for obstructing FBI investigation of our enemy disrupting our
election process.
Regulation is
necessary: We
need protection. Saves $12 billion of our money!
(No one
person can afford to sue a bank: class actions banned by GOP now.)
Trump gets to turn
our Top consumer protection into scam enablers.
Navnoor Kang caught
taking bribes to steer NY pension money to gifting brokers.
Tax
dodgers need never worry: Trump gives IRS to Tax-Dodging Expert
Hank Mark Werner, NY caught
plundering elderly and blind with annuity and trading.
Your
air bag recalled: another round of bad bags from TaKata
Jay Costa Kelter, GA, caught stealing
from clients by misrepresenting investments
Trump
has suspended our right to bring class action lawsuits against our
advisors/banks.
Tillerson
Exxon calls Trump a ‘f__king moron” ‘MORON’
and LIAR:
Trump says he
believes Putin did NOT help him win 2016: Proving ‘moron’ again!
Fox Smith
gives facts on Clinton Uranium and gets hate mail: Trump repeats lies.
How Govt wastes our
money:
Trump
puts tax-dodging attorney at IRS to let friends and family avoid taxes
GOP gives rich tax break but ends subsidy so we can’t get health
care: HealthCare.gov
SCAMS:
“God
only knows what it's doing to our children's brains,” Sean Parker, Facebook
prez.
PYRAMID SCHEME
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Miracle:
Women intimidated years ago have courage to come out now and
take abuse all over again from their community, state.
IAN
41 Watchung Plaza, B242
973.746.2014
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