Tax rates imposed on upper income taxpayers are now the highest they have been in almost four decades. And taxes are likely only to increase as Congress looks for ways to defray increased government spending on entitlements due an aging population, subsidies under the Affordable Care Act, increased overseas military operations, and new social programs to help the middle class. This update of our most popular white paper discusses recent and likely future tax changes, and what investors can do now to minimize the taxes imposed on their investment income . . .
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"Rothification" of retirement savings in the US- We've been telling audiences about this for 7 months. ow.ly/F84x30g1REQ
About 2 days ago from TheWashingtonUpdate's Twitter via Hootsuite
Big step taken tonight in Senate, passing budget. Begins the process towards tax reform.
About 3 days ago from TheWashingtonUpdate's Twitter via Hootsuite
Budget resolution close, but odds improving. GOP must pass in order to move on tax reform.
About 5 days ago from TheWashingtonUpdate's Twitter via Hootsuite
Healthcare-Potential bi-partisan agreement. Funds CSR subsides for 2 yrs, states get more flexibility. Can it pass? ow.ly/psBa30fWAYM
GOP tax framework calls for the repeal of the estate tax. Inter party disagreements showing, as we predicted. ow.ly/TMIn30fWdX9
About 6 days ago from TheWashingtonUpdate's Twitter via Hootsuite