Please Click the Video to Watch This Important, Short Message
In this week’s Hidden Wealth Review, I teach that the only things we can be certain of are death and taxes. I would go a step further and say that what we can be certain of is death and higher taxes. The House’s passing of the $2 trillion Climate and Social Spending Bill will impact all tax payers’ pocketbooks. That’s why it’s important to learn how to insulate your assets and income from Uncle Sam and the IRS.
A report from Fox Business News this week said that provisions included in the latest draft of President Biden’s spending bill will violate his pledge to not raise taxes on anyone earning under $400,000 a year. Our clients, Ken and Susan, shared this week that, while they have a competent CPA, he only knows where to put the numbers to make the IRS happy, not where to put the numbers to make Ken and Susan happy.
We routinely see this type of frustration in our clients. I want you to know that it doesn’t have to be that way. An ounce of planning can result in a ton of tax savings.
The top tax risks that are just round the corner are higher taxes on our income and on our estates. The Tax Cuts and Jobs Act will sunset soon or it maybe changed even sooner, due to the Biden administration’s focus on fleecing us with higher taxes! The all out attack on our children’s inheritance through taxes will become a bigger target in order to pay for all the planned spending!
Click Here to learn what the Congressional Budget Office's analysis of the progressive tax proposals means to you and our national debt as it will never be enough:
According to the Congressional Budget Office, if we were to:
- Repeal 2017 Trump tax cuts
- Create 50% and 70% tax brackets
- Cap the value of tax deductions
- Raise capital gains tax rates and apply them annually to “paper” gains and also at death
- Apply Social Security taxes on all wages
- Impose President Biden’s corporate tax increases
- Impose Elizabeth Warren’s real corporate profits tax and
- Tax financial transactions such as stock trades
All of these taxes would raise approximately $13 trillion over the next decade. This would barely be enough to balance the federal budget.
Learn how to legally, ethically and morally avoid higher taxes!
You’ve worked hard for your money. Let me teach you how to be a low tax or a no tax retiree. Remove the uncertainty of taxes from your retirement equation. Let’s get to work!
Don’t let taxes be your destiny. Register now for my Wealth Protection Webinar. Learn how to legally, ethically and morally pay less tax.
To register for Tuesday’s no-cost, no-obligation, log on and learn financial educational event, simply follow these four simple steps:
- Go to www.RetirementProtected.com (or scroll down to the form below).
- Select the webinar date/time you prefer.
- Enter your information thoroughly – make sure to double check your email address.
- Click “Reserve My Spot!” to submit, that’s it!
Once you’ve registered, you’ll receive an email containing a personal access link to join Tuesday’s event. Don’t forget to add it to your calendar!
Joe Biden’s tax plans are targeting high income earners, those with large capital gains as well as those with estates valued over $3.5 million. We find those higher income earners of $200,000 or more or those who have saved $1 million or more benefit the most from our proven solutions with a track record of measurable results.
Register for your preferred webinar time now because these events have proven to fill up fast.
Those who attend this event will receive a complimentary copy of my latest eBook:
The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.
Spouses and Significant Others are Encouraged to Attend This Event Together
Note: We serve Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as have been doing for over 20 years. Our online meetings are private, the access is restricted and we never share our meeting link with anyone who’s not a part of the meeting.
Wealth Strategist | Best-Selling Author
We help Baby Boomers and Retirees thrive in retirement through a clear retirement road map that provides market correction and tax protection to optimize income and assets!