Please Click the Video to Watch This Important, Short Message
In this week’s Hidden Wealth Reviews I teach that The Wall Street Journal reported this week that a Harris administration equals higher taxation. Kamala Harris’s tax policies and proposals are very different than those of Joe Biden. The big thing we’ve seen over these past few days is not a lack of transparency, but no transparency at all when it comes the Democratic party. The manipulating media would like us to believe that Joe Biden’s withdrawal from the presidential campaign was due to a sense of patriotic duty. The truth is that Joe Biden was forced out by his own party and intentionally replaced by his radical left vice president in order to satisfy the puppet master’s desire for the continued demise of our country.
Making things worse is that there is definitely higher taxation under a Kamala Harris administration. Here are some examples of programs and proposals that are certain to result in an increase in taxes:
- Medicare for all.
- Not preserving the Tax Cuts and Jobs Act provisions to protect those making under $400,000 a year from higher taxes.
- Stock market transaction taxes.
- 70% to 80% tax rates.
- 35% Corporate tax rate.
This coming Tuesday, at my Remove Your Wealth from Washington webinar, I will be teaching specific examples of what you can do to remove your money from Washington’s war on wealth. Right now, 76% of the taxes that are collected services just the interest on our national debt. Taxes will have to go up to just make the interest payments. Clearly, this situation is not sustainable.
According to a Bloomberg article, somewhere in 2010 or 2011, there were 2.8 people working for everyone who was not working. In other words, there were almost three people pulling the cart for every person riding in the cart. Today, it’s projected that ratio is closer to one to one.
It’s projected that, in about six years, we will have more people aged 65 than those aged 18. That’s the first time in our country’s history this has happened. More people will turn 65 this year than any other year in our country’s history! All this means that there are far less people paying into the tax system while more people are leaving the system and drawing entitlements.
Learn How To Remove Taxes From Your Retirement
You work hard for your money! This coming Tuesday, at my Remove Your Wealth from Washington webinar, I will be teaching how to use tax strategies to lower or eliminate taxes. For example, if you filed an extension for your 2023 taxes but you paid a lot of tax when you extended, you can get those taxes back using one of the CPA team’s approved strategies. But you can only use this strategy while these tax credits are in circulation. As the year goes on and there are less credits available, the price increases. Eventually, when all of the authorized tax credits are purchased, this strategy will be gone.
We have a client who Roth converted almost $1,000,000 before he came to see us. We taught him how to zero out his tax liability for those Roth conversions.
If you ae a high-income earner, a strong saver in IRAs or if you are selling a business or divesting out of highly appreciated real estate or stocks, you can eliminate your taxes. Learn how to prevent your children from an inherited IRA tax burden by moving your traditional IRAs to Roth IRAs, using tax credits and tax deduction strategies to reduce or eliminate the conversion taxes.
There’s higher taxation with a Harris administration. You work hard for your money, why take the risk?
Register for Tuesday’s webinar by following 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!
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
How Big is Your Retirement Tax Bill?
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.
Chuck Oliver
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!
www.TheHiddenWealthSolution.com