The New Holistic Retirement | Mid-American Wealth

THE NEW HOLISTIC RETIREMENT • 73 Married, Filing Jointly 28 Previous Tax Rate Current Tax Rate

Income $80,000

25%

12%

$160,000

28%

22%

$250,000

33%

24%

So, if Congress is debating keeping taxes low, why do I feel so confident taxes are going up? Because those tax bracket reductions are not permanent. And sometime soon, they will expire. Now, if you amr ae yobnel yt apxl arna nt ei ns gwtiol l bs et arye tl oi rwe df of or rytohue. nBeuxt t mf oousrt oorf fui vs ep yl aena rtso, bt heart emt i reeadn sf otrh1a 0t ,w2e0 , heavveen t3o0l oo or k4 0a ty ewahr es rien troa tt ehse af ur teuhr ee.aAdne dd over the long-term. So, why do I feel so confident we are entering a rising tax environment in the near future? Our government needs the money! The U.S. de bt may hwaavsen ’bt ailnl o ognreeda t b es hc aaupsee boef f ot hr ee Ct hOeV I Dp a sntdi me mu li uc ,s ebiitlhl se, rb. uOt uirt cyoe ua rnst,r ya nhda sf u bt uereen t oa xne sa nw ui l nl shuasvtea i nt oa brlies es pt oe nodfifns ge t praatphi dfloyr- growing deficits. All of this leads me to believe tax bracket rates will revert to their older, higher rates in the near term —and savers need to be prepared for that. 28 h t tApns n: /u/at la Tx faoxuBn rdaactki oent . Ro ragt e/ s? .s T= aa nx nFuoauln+dt aaxt i+obnr. a c k e t s + r a t e

Made with FlippingBook interactive PDF creator