18 Jan, 2012
In less than 11 months from now a new Congress will be elected. In addition, you may have the same or a new administration in the White House.
What will the economy be like? What will be the “mood” of Americans? Monetary policy has been used up, and only fiscal policy tools remain. A major fiscal tool is tax policy.
The present tax law is set to expire on December 31, 2012. Will politicians kick the can down the road again? Everyone knows that there are a few major changes that need to be done to have the U.S. economy thrust forward with dynamic vigor. One aspect that must be noted: Any tax policy change must be cemented in place for at least five years. Any prudent individual or business cannot do any worthwhile planning or changing behavior with any shorter time period.
Here are a few changes that will transpire when the extended “Bush tax cuts” expire. Remember, it was the largest tax cut in history when first implemented and got us out of the 911-tech stock implosion of 2000-2003. Consequently, if it is not extended…it will be the largest tax increase in history. Here are just a “FEW” of the changes:
• All tax rates basically go up around 5%. The 10% bracket is eliminated and will be at 15%.
• Dividend rates will go from the present 15% rate to your ordinary tax rates.
• Capital gains rates go from the present 15% rates to rates of 25%. (Gee, I wonder what this will do to your stock market investments? DUH!)
• Elimination of the tax credit for having children. (This will hurt the unwed parents and illegal immigrant parents.)
• The marriage penalty tax will go back into effect. (This will encourage married people to not stay married.)
Since it is obvious that you will be taxed more in every area of your life, doesn’t it make sense to develop a plan to place your monies into programs that will never be taxed? We are here to help at any time.
Come November 2012 it may be beneficial to heed the words of the former Mayor Daly of Chicago, “Vote early and vote often.”
16 Jun, 2009
Would you like to learn how our clients avoided losing any equity values in their home? Or, how they avoided losing value in their serious retirement money?
Doug Andrew occasionally presents a 3 hour Educational Webinar. He has squeezed this program down to a 1 hour webcast. We have posted this webcast on our sister blog www.Wealthyfutureblog.com . To watch this power-packed informative program click the link. When you arrive at the Wealthy Future Blog got to the line that says “this 1 hour webcast” under the True Asset Optimization post and that will open up this great recorded webcast that you can view at your convenience. Don’t miss your fortune!!
22 May, 2009
I encourage you to subscribe to our new “Wealthy Future Blog.” You can learn all the principles of Missed Fortune as outlined by Best Selling Author Doug Andrew. The articles, audio and video programs will provide a wealth of knowledge for you.
You can subscribe for free to “Wealthy Future Blog.” Our latest addition is a weekly recording of the half hour show from Missed Fortune Radio.
Subscribe to our new blog and you will get notifications of the radio and other postings. These are educational postings that will help rebuild your wealth.
7 May, 2009
We want to share some exciting news with you. In association with Doug Andrew, best selling author of Missed Fortune, Missed Fortune 101, Last Chance Millionaire and Millionaire by 30, I (Founders Group, Inc.) will be sponsoring a weekly, half hour radio show featuring Doug Andrew.
Starting Sunday, May 10, 2009 and every Sunday at 5pm (CDT) the 30 minute shows will air on KPRC 950AM in Houston, Texas. For those not in the Houston, Texas area you can listen over the internet at www.kprcradio.com. Click the section to “Listen Live.”
The show will cover timely topics all integrated into the Missed Fortune concepts. So, if you have already implemented your Missed Fortune plan it will be a great refresher. If you are new to the ideas then it will be a great introduction.
Invite your family and friends to listen in. I think you will find it refreshing and informative. So tune in starting this Sunday at 5pm CDT to KPRC radio, 950AM.
Don’t miss the fortune that awaits you!
5 May, 2009
I would love for you to read Doug Andrew’s new e-book…Baby Boomer Blunders. It is a concise account of the 10 blunders people make in trying to accumulate wealth. The book clears up myths and misconceptions about money management for anyone. After reading the e-book why not pass it on to someone younger (just graduating from high school or college) as it would be a great start for them.
Doug Andrew is the best selling author of Missed Fortune, Missed Fortune 101, Last Chance Millionaire and Millionaire by 30.
Now you can download the e-book for FREE… but you must do it from our other blog. Go to www.WealthyFuture.com and hit the link to download the e-book. There is no charge. And, while you are at the Wealthy Future Blog look around. If you like our new blog please sign up for FREE (see the link to subscribe). We will be adding new articles and videos weekly to this new blog.