Your tax refund could
create a $1 million tax-FREE retirement
With The Don and his
people under criminal investigation, what do you do with your refund? TrumpWorld
has given Wall Street the jitters so stock investors are going to have to
reassess their positions. Do like the best investor Warren Buffett does: Be fearful
when others are greedy, and be greedy when others are fearful. When
stocks fall, they are on sale and it is time to buy. Since we don’t know what
an individual stock will do in the future, we buy the whole market. Since a
market index fund can cost almost nothing, 0.05%, we do not waste our money on
a seller’s commission. Vanguard 500 Index has returned 14% a year recently, we
can use it. Since 1976 it has returned almost 11% a year. Our refunds can
create a $1 million tax-FREE retirement using a special IRS account.
Trump voters are
finding his budget unacceptable—want recall election of Trump adm.
Cutting the heating
subsidy in rural counties means some supporters
will have to move. Cutting miners retraining program means some supporters
will need to go back to hauling trash. Some supporters see the value in cutting
programs but not the ones that help their neighbors with legal
problems. They can’t afford a lawyer so Legal Aid helped them save their
home from a $14 tax forclosure. No more. Meals
on Wheels is an effective program because the meals the elderly need are
delivered by volunteers at no cost.
Around the country folks
at town halls are making the point that without the so-called “collapsing”
ObamaCare, they would probably be dead. But Obama’s
program is not collapsing. People who use
it are telling their real experience.
Congress and Trump
billionaires don’t use ObamaCare so they don’t know what they are taking away
from us. Even if you have an employer plan, we will lose help on disputed
claims, preventive screenings, and no cap on the cost of our care. 10
cities hit hardest from TrumpCare. Ryan and Trump have used the
“collapsing” argument to scare people who don’t know. They promise ACCESS to substandard coverage like we had
before Obama. The other “silent majority” seems to be activated and may give
Congress people pause before passage Thursday. TrumpCare bill provides the wealthy
1% with a $165
billion tax break. He just added $85
Billion slush fund for states and capital gains break retroactive to Jan 2017.
Cancellation
of popular programs like Wheels, Legal and ACA will do great harm and will
force Dems to get out the vote for the 2018 Congress Sweep.
Socialism for the
Rich is not helping Trump voters.
Prepare for
TrumpWorld: Use your Retirement Income Checklist
There are so many
unknowns in our futures that we must plan a FLEXIBLE financial future. We can
anticipate some expenses but generally, we must plan for a range of possible
futures. Trump says he will keep Social Security and Medicare but GOP says they
will cut benefits. He says he will rebuild America but his budget
says cut important spending like a heating subsidy. Instead he boosts
corporate subsidies. He cancels the rule requiring advisors to give us the best
advice. He cancels bank failure protections. He cuts clean air, water, and
social net. He wants more battleships and nukes but says no more costly wars
against terrorists. It is hard
to know what he will do.
How will you cope with TrumpWorld?
For instance, if you stay invested
in some stock mutual funds to overcome inflation, how can you avoid a prolonged
flat market? If you count on fixed income like bonds or annuities, what happens
if inflation roars back?
Today, retirees need
to plan for 30 years AFTER working. Your need two budgets—one for now and one
for the survivor.
Remedy your
situation now while you can: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260
FREE tax preparation—Yes, part of Social Security can be
taxed
Advertising to you is how they pay for free credit score and
“free” tax prep
https://www.creditkarma.com/ needs
your views to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to
file a simple return, this is the cheapest way. Usually
simple means you have W-2 income and few deductions. The IRS has a topic look
up so you can find the answer to your question easier than waiting on the
telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/. Also,
you can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit up to $2,000
subtracted from tax you owe. Double Your Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
How can you leave
your brokerage advisor for a better deal?
I help people do
their taxes as an AARP tax aide. Some have brokerage accounts or mutual funds
that are not giving them the returns they want. They can’t tell me what their
advisor has put in their account when I try to determine short or long-term
securities. They look like they never even asked what they own. I cannot
discuss their assets or situation since I am a volunteer with AARP. However, I
point out that many investors are going to Vanguard because of the low-cost
funds they offer—both index and managed. Retirees do not have enough time to
weather a market storm of minus 25%. Typically, advisors move their clients
into bank-like securities—GICs, Stable Value, Cash equivalents—when they stop
working. But clients have 30 to 40 years ahead and need growth and income.
Actually some have huge bank savings producing $400 to $800 in taxable interest
every year. I can’t suggest that they buy a balanced fund like Vanguard’s Wellesley
Income so they can earn 8-9% for their future retirement needs. I use this fund
to provide my own RMDs since our IRA distributions are considered ordinary
income anyway. We are paying the taxes we owe and converting them to tax-free
Roth assets.
Create tax-FREE
future growth and
income: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976
The Don cannot stop
telling LIES—LIES are catching up so no deal on health
What do Trump voters
think about his lies?
IRS says there is no reason he cannot release his taxes. The
Don says voters don’t care yet 74% say he should release his tax returns.
His voters wanted affordable health insurance coverage NOT just access to substandard coverage. They
don’t want to file bankruptcy because of a hospital stay. His voters wanted to
shake up the system but not end miners training, clean air and water, Meals on
Wheels, child lunch program and Big Bird. Why aren’t voters upset that Trump
did not cut the $ billions of corporate subsidies and lobbyists instead of
programs for the poor? And what about
drug prices he promised to cut? Why hasn’t he negotiated lower health care
costs? Do voters get a laugh when he accuses the former president and our
allies of tapping his phone? Do his supporters think FBI lies when “no support”
for Trump’s claim of wiretap? Do his voters still think Obama is not an
American after Trump kept saying it for 5 years? Do voters like his unseemly
deference to the dictator Putin? Are they OK with Putin invading Ukraine and Eastern Europe ? Why do many of his
top people seem to be tied to Russian oligarchs? What does Putin have on
Trump that causes this softness?
Do voters believe
the crazy entertainers that permeate the
conservative radio, TV and blogs like Rush, Fox, Levin, Breitbart, Info, etc
that tell Trump what to think?
“I can’t be doing so
badly, because I’m president, and you’re not.”
Are voters scared
that his naiveté,
lack of judgment and gullibility to B.S. will start WWIII with the
N. Koreans and China ?
“Facts are stubborn
things,” John Adams said in 1770.
*****************
We have entered
the Twilight Zone:
"There is a fifth dimension beyond that which is known
to man. It is a dimension as vast as space and timeless as infinity. It is the
middle ground between light and shadow, between
science and superstition, and it lies between the pit of man's fears
and the summit of his knowledge. It is an area which we call the Twilight
Zone" where “alternative
facts” and illusions of conspiracies are lived out. Lies are considered true.
Truth is what the loudest voice says it is over and over.
Rod Serling
Remember, Don Trump
is still a contractor from Queens NY,
just
richer than most. As a promoter, his income is from lending
his wealth “brand” to other’s buildings and golf. Secret Service needs extra
$60 million in taxes to cover sons to travel to promote Trump properties
worldwide.
Bannon called himself a “Leninist”
who wanted to “bring
everything crashing down.” State
Dept being decimated. Putin thrilled with cuts in aid to 3rd
world, NATO, etc!
Putin got GOP party plank to drop sanctions on Ukraine
invasion
GOP cuts programs of
folks who have no
power to oppose cuts. Cowardly
The Don (Putin) does not like
diplomacy, aid to poor, US
19 Agencies you may use being cut
from American society: The Don does not like Meals on Wheels, Sesame St. NPR
radio, Arts, Miners retraining, 62 in all for $343 billion
What GOP does NOT cut:
No cuts to subsidies to Boeing,
GE, Intel, Nike, Shell, Fiat, GM, Ford,
hundreds more.
No cuts to govt cost overruns of $ trillions
each year. And Congressperson subsidies.
Wealthy 1% will
receive a $165
billion tax break, Seniors
go back to food stamps.
*
Trump
accuses Britain of spying on him for Obama. Pissing off our friends. No
apology to Brits for his mistake or to Obama for accusing him of a felony. Like
birth cert. LIES
Putin’s
FSB does surveillance of Trump campaign; makes it look like Obama for chaos
“ObamaCare has been total disaster” scare
tactic works for some supporters in KY
GOP claims EPA is
releasing "propaganda" that is "brainwashing
our kids”
For the first time
on record, the Gulf
of Mexico never fell below 73 degrees.
We all thank
the president for not destroying our health care system this year. We get
to keep
our 10 essentials that keep people alive—screenings, pediatric, mental
health, etc
The Don is not good
at deals that are complicated—“health
care is complicated”
Kaiser
Foundation calculated that average deductibles would be $1,550 higher than
under Obamacare
Trump puts contractors
and their lobbyists into govt agencies to gain favor.
Mattis
Defense owns General Dynamics stock as Director and paid fees by
contractors
Putin influence: Putin
marks all over Trump’s crew—“more than circumstantial case.”
The Don was naïve
about Russian influence among lieutenants. Spicer claims Trump never asked
Manafort, Flynn, others about pay from foreigns. He never vetted them about who
paid them during campaign—Manafort, Page, Flynn, Stone, Tillerson, Ross, etc Connections
chart. Manafort was campaign manager paid $10 mil yr by USSR .
Putin influence: Every
one of Trump lieutenants has connections to Russia. See chart: https://swalwell.house.gov/issues/russia-trump-his-administration-s-ties
Putin influence: Russian foreign minister Ryabkov met with
Trump campaign. “But
we will of course continue this work AFTER the elections.”
Putin influence: State Dept senior people and budget cut—Tillerson out of Trump loop.
Putin influence: State Dept senior people and budget cut—Tillerson out of Trump loop.
Ivanka meets with Germany
instead of Sec State
Putin influence: Europe , NATO, dissed
by US —Tillerson
skips NATO for Putin
Tillerson
tells allies the Trump “Secret Plan” to defeat ISIS—same as Obama’s plan.
Flynn
collecting $½ million from foreigners to influence The Don while
campaigning!
Putin influence: Russia’s
elite are overpaying for Trump properties/building projects
Putin influence: Another Putin
critic killed in Kiev but Trump
says just like US.
Putin influence: 63
Russian elites pouring $ millions into The Don’s coffers.
The Don cancels
power of Consumer Protection to stop lender rip offs. Supporters hurt.
GOP law makes us pay 30% penalty if we don’t get genetic test for employer health
plan.
Voter
fraud is “rampant” in GOP and 1 chairman charged; Trump
won by GOP fraud
Millions of
GOP (Russian) votes were illegal. Recall necessary in November.
*************
Regulators are the only protection against
corporations since we
can’t sue anymore
“It is nearly
impossible for one individual to take on a corporation with vast resources.”
Supremes
stop us from suing—State courts no
longer available to sue corporations!
Pat Churchville and ClearPath caught
running Ponzi in Providence got
7 years jail time.
The Don’s Ed
Dept increased fees for student loan repayment-gift to DeVos lieutenant.
Experian caught deceiving us about credit score: lenders
do not use theirs for decisions.
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
GM
killed 124 because ignition switch pin not replaced after knew it
killed first in 2006.
Police want gun control.
When everyone has guns; your
chance of being killed goes up. Police don’t know who
to shoot. They assume everyone has one and shoot
first. You and thief have guns. CO schools now allow
teachers/administrators to carry
guns in the classroom. Kid lesson! Since 2015, police have killed
86 people with realistic looking FAKE guns--suicide?
Police organization issued a formal
apology for the historic mistreatment of minorities.
Police to buy
military weapons against civilians again.
FL makes it easier
to kill if you feel threatened—“prove I didn’t feel threatened” Ha
SCAMS:
A California waiter demanded to see 4 Latina women’s ID before he would take their order,
refusing to serve them until he saw “proof of residency.” ?? He was fired.
Ignoramus Award:
‘We
are led by very, very stupid people' Trump, 9/9/15
Yesterday, Trump’s
lieutenants praised the Washington Post’s parody of their budget because
they never read it. See below from White House Agenda for Friday:
Your 1600 Daily from info@mail.whitehouse.gov
PRESS ROOM
Watch yesterday's press briefing with Press Secretary Sean
Spicer and OMB Director Mick Mulvaney here.
NEWS REPORTS
The Washington America ,
and I will tell you why" Read More
We fired field workers. No one wants to
pick produce. Farmers have even raised wages.
How our government
wastes our money:
We are technically in default having reached our limit of
debt for the year.
We have been paying
families in Afghanistan since invasion 16 years ago. Winning?
Where have all the
jobs gone?
Which job board sites are best
for your job search?
Ransomware recovery: http://securityaffairs.co/wordpress/53438/malware/ransomware-recover-guide.html
Cancel Robo calls with Mr NoMoRobo: https://www.nomorobo.com/
Miracle:
Conservative
host was honest about wanting women’s choice. Honesty does not pay.
IAN
41 Watchung Plaza, B242
973.746.2014
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