In this week’s Hidden Wealth Review, I teach that The Trump Tax Reform Plan revealed this week was initially met with a lot of criticism due to its limited details. There are predictions the proposal could add over $2 trillion to our national deficit, which is already increasing at a rate of over $1 million a minute. It’s been labeled by some as an attempt to grow our way out of economic challenges.
I’m a proponent of the Trump Tax Reform Plan. It represents the biggest tax change in history. Here are some of the key areas I want to highlight:
- Reducing the number of income tax brackets from 7 to 3 (10%, 25% and 35%),
- Dropping the corporate tax rate from 35% to 15%,
- Doubling the standard deduction,
- Retaining the charitable contributions and home mortgage interest deductions and
- Eliminating the Death Tax and the Alternative Minimum Tax (AMT).
There are many other areas of reform in the plan such as dropping the 3.8% Affordable Care Act (Obamacare) surtax for certain higher incomes. The good news is that we have a patent protected tax savings software, The Ultimate Tax Savings Solution Software. Regardless of which parts of the tax reform plan get passed, you can get tax relief right now! Tax Savings areas: IRA Tax Deferral Elimination, Capital Gains Tax Elimination (from highly appreciated assets like a sale of a business, real estate) and Tax Elimination on income.
If you’re a six figure-earning business owner or someone who has a large capital appreciation exposure from the sale of a home or business, someone with $100,000 or more of taxable income or someone who has saved between $100,000 or more in an IRA or 401(k), this software can help you save tax! If you have an IRA, you can triple the value by simply learning our ultimate tax savings planning.
This coming Tuesday I will be teaching my complimentary introduction course, Tax Savings Webinar. This unique educational opportunity teaches how to have a better tax savings plan than the government’s plan for you and how to get the IRS out of your IRAs. Let us show you how to save more and how to keep more.
To register, go to www.RetirementProtected.com, enter the required information and submit your registration. Once you submit your information, you will receive an email containing a personal link to join Tuesday’s event. Register now! Don’t let another tax day pass by without learning how to discover and uncover your hidden tax savings solution. Spouses are encouraged to attend this event together.
When you register and attend the webinar, you’ll receive an e-copy of my latest book, The Baby Boomer Retirement Breakthrough. This book teaches you the top five retirement risks and the unique solutions you can use to avoid them.
(855) No Tax 2 U
Here’s to your Hidden Wealth,