7,000 millionaires did not pay income tax in 2011—How about you?
Over 275,000 returns showed adjusted gross incomes of $1 million or more. Roughly 7,000 millionaires didn't pay any income tax in 2011. More than 11,000 individual tax returns reported adjusted gross income above $10 million yet most pay LESS than us.
Is it not time you paid your fair share?
Use your refund to create a tax-FREE income. The average tax refund was $2,953. Start your account today.
Your Retirement Portfolio: Tax-FREE Income for Life
+Earn 10-12% on your retirement money with no taxes or fees.
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+Spend 8% of your nest egg FREE of income tax annually.
+Avoid tax on up to 85% of your Social Security benefits.
+Turn your taxable pension or IRA into tax-FREE income.
Obama will trade our contributions for a sound retirement for GOP support
President Obama next week will take the political risk of formally proposing cuts to Social Security andMedicare in his annual budget in an effort to demonstrate his willingness to compromise with Republicans and revive prospects for a long-term deficit-reduction deal, administration officials say. Compromise never worked with GOP before.
Perhaps we should start building our own sound retirement. http://www.amazon.com/Your-Retirement-Mutual-Funds-retirement/dp/1481114026
Housing growth spurs economy
The price of U.S. homes rose by 8.1% in January from a year earlier, the biggest annual price gain in six and a half years. The main drag on sales contracts was a shortage of properties for sale. NAR predicts that housing starts would have to rise 50% to resolve the inventory shortage.
New insurers and rates with ObamaCare exchanges
Are you paying higher premiums due to DMV errors?
Car insurance companies make millions from us paying higher premiums than we should, due to errors existing on our driving record. A survey of driving records conducted by the Insurance Research Council (IRC) showed that one in five convictions for traffic violations may contain errors from motor vehicle records. The IRC looked at driving records in four states, Connecticut , Florida , Ohio , and Washington . The study showed that convictions for driving infractions were either incorrectly entered or were missing from driving records. Errors can boost an average policyholder’s auto insurance premiums by as much as 22 percent. One insurance quote company provides free information about fixing your record: http://quote44.com/driving-record-repair
There is only one way to find out if you are paying too much. Use our Insiders’ Guide to buy only what you need with discounts: http://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634
Do you have an insurance question?
You have a question but you don’t want to call your agent or insurer. Try this free site.
SCAMS “Deficits don’t matter” GOP grandfather, Dick Cheney, 2002
“Entitlements”—our Social Security and Medicare money—did not produce the deficits. Two tax cuts for the rich and the Chaney/Bush wars cost $3.7 Trillion and counting.
We never learn
The House Agriculture Committee debated and passed seven bills designed to roll back derivatives regulations that were created by Congress three years ago in the Dodd-Frank financial reform bill. Derivatives allow banks to place leverage bets on anything that can be measured. Last year, Morgan Chase lost $8 billions of deposits on derivatives. Buffett called derivatives "weapons of mass destruction."
Who owns your account now?
Genworth Wealth Management, Altegris, to Aquiline Capital Partners and Genstar Capital.
American Family policies to Kansas City Life Insurance
IAN
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