The Impact on Today’s Savers ............................................................. 36 Can We Fix Our Broken Budget? (And Why the Answer Matters to YOU) .................................................................................................................. 37 1 | Reduce Mandatory Spending ............................................................. 37 2 | Reduce Discretionary Spending ......................................................... 41 3 | Raise More Revenue ............................................................................. 42 How Can Taxes Rise? Let Me Count the Ways ....................................... 45 Changing Tax Bracket Rates ................................................................ 46 Changing the Amount Applied to Each Bracket ............................. 46 Changing Deductions ............................................................................ 47 Creating New Taxes & Taxing New Things .................................... 47 Who is IRMAA? ......................................................................................... 48 The Tax Wave of the Future ................................................................... 50 So Taxes CAN Go Up. But Will They? ................................................. 52 That Beautiful Bill ........................................................................................... 53 Lower Taxes Are Here to Stay (For a Little While … ) ..................... 53 But Wait! There’s More! ...................................................................... 56 So … Taxes are Low, But Higher Taxes are Coming? ................... 57 Your Tax-Free Secret Weapon .................................................................... 61 The Roth Revolution ................................................................................. 63
Made with FlippingBook Digital Proposal Creator