| Related: | Buy Gold | Buy Gold Bullion | Buy Gold Coins | Gold IRA |
Archive for bush tax cuts
To Hold And Not to Fold is The Question, as Bush Tax is Set to Expire by 2011
Posted by: | CommentsBy Elizabeth Kraus
Do you feel like your going up the creek without a paddle, spinning your wheels to understand what’s in the next financial crisis? You are not alone! The trend of what may lay ahead, a bad day at the office, or suddenly being unemployed, is like the budget, changing every hour, everyday. So what do you do if the Bush tax threatening to expire by 2011 happens? And or will the gold still rises against the top marginal income-tax rate set to increase on the first day of 2011 to 39.6 % from 35%. And, will it hold against the phase-out of itemized deductions that will lift that, effectively, to 40.8%. Or in 2013, the 3.8% Obama’s health-care tax on investment income that will kick in, make the top rate 44.06% to such degree, that this tax hike will push us into double-dip territory? Read More→
