In this week’s Hidden Wealth Review, I teach that it’s time to get ready for another major Biden added tax bonanza. Just when you didn’t think it could get worse, after passing a $1.9 trillion dollar rescue bill, the next projected round of stimulus is planned to be as high as $4 trillion! That’s more than twice as much as the bill the Democrats just passed, without a single supporting Republican vote.
What’s really amazing is that the blue states that received bailouts from the recently passed rescue bill are still raising taxes on their citizens. For example, New York is raising their state tax rate to 11.85%. New York is also increasing the estate tax rate from 16% to 20% and they’re creating a higher state capital gains tax. There are other states that are implementing state capital gains taxes in order to create the extra revenue they need to make up for the fallout of keeping their states shut down.
Imagine, $4 trillion more in spending! How is this going to be paid for and by whom? The U.S. deficit is nearing $30 trillion. this coming Tuesday, at my Retirement Reinvented Webinar, I’ll be teaching what you can do to protect your serious money and get your tax planning done in 2021.
Register for my no-cost, no-obligation, Retirement Reinvented Webinar by clicking the button below:
It’s not enough that we’re going to have more taxes. They are not only taxing only those with incomes for $400,000 or more, the corporate tax rate is being increased from 21% to 28% That means that prices will increase as corporations pass that tax on to consumers. In this way, everyone will pay for the tax, regardless of their annual income.
Don’t buy the Biden lie that your taxes aren’t going up unless you make over $400,000 a year. That mantra is nothing more than a clever trick designed to buy votes. Now look at what this vote got you.
Almost $2 trillion dollars followed by another $4 trillion is unheard of spending. The states that were just bailed out are now raising their taxes and creating new ones. Treasury Secretary Janet Yellen is now pushing what she calls a “global minimum, multinational company tax.” So, they are looking for taxes on a global scale, a national scale and a state scale. The good news is that you can learn how to protect yourself from the Biden tax bonanza.
How to Avoid the Biden Tax Bonanza:
I want to teach you that there are things you can do to protect yourself from the higher taxes that are coming.
On Tuesday, I’ll be teaching my newly released Retirement Reinvented Webinar. This complimentary, log on and learn, educational event will teach you how to avoid having your retirement confiscated by socialists.
To register, 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.
- 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!
I want to teach you how to become a tax savings retiree. Imagine, more financial success, less worry, less stress and more financial success. Let’s get to work!
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, those who have saved $500,000 or more and especially those who have a net worth of over $1 million, will benefit the most from our proven solutions with a track record of measurable success.
Imagine, 50% or more higher, net spendable income, insulating your income from the IRS and protecting your inheritance from Uncle Sam. Learn how now. Let’s get to work!
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.
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!