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Re: How are You Preparing for the Upcoming (D) Congress ?
Originally Posted by BelichickFan
It looks like we're going to be stuck with Democrats raping our wallets soon. And the horror of a (D) in the White House too.
Seriously, I'm going to have to look at the various tax shelters I should have been looking at before to get my taxable income down. I'm not rich but I'm sure the (D)s think I am.
I'm "stuck" with an insanely good interest rate on my mortgage so there's not much help there. I am going to have to start one of those Health Savings Accounts where I can put pre tax money into an account and be reimbursed for health costs (dentist visits, etc). I can also do the same with daycare costs. My 401K is already maxed out so there's no help there.
Bottom line, anyone making over, say, $50K better prepare however they can to be butt *****ed for the next 4 to 8 years. It's time to get that taxable income down by any legal means possible.
Why don't you move back to England?
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