Monday November 26 2012 Warren Buffet thinks it is just peachy keen  to raise taxes even higher on the ten percent who pay 50% of all the income taxes already. He says he would work just as hard. Henrgy Blodgett thinks that is a great idea. They are both wrong. Most of the students have…

Thursday Nov 1 2012 Both Mitt and Barack are taking aim at tax free muni bond interest.  Since muni bond investors do not pay tax on the interest they collect, municipalities are able to pay lower rates on their debt. Eliminating this perk will shift a higher cost to municipalities. I sincerely hope the nation's…

George Lucas  sold his Star Wars franchise to Disney for $ 54 B in stock and cash. Given that the estate tax is lower this year than next, if he dies before Dec 31, I suppose this would be perfect estate planning. But as it is he pays the lower capital gains tax which increases…

Your political heroes in Congress have arranged the following Fiscal Cliff events for this next year. I just got this update from my CPA, yes I have one.  Thnink how much time and effort are totally wasted on such tax preparation activities each year. What if all these people were doing something useful instead of…

Weekend Spet 23 2012 From your perspective, what are the chances of all this happening. Did you see the article on taxing gold and silver. Is any of that new? 100 Days Until Taxmageddon Sunday will mark the start of the 100-day countdown to “Taxmageddon” – the date thelargest tax hikes in the history of America will…

Monday July 2, 2012 Here is the list of the 21 New Taxes Slated to Finance Obamacare.

Wed Dec 28, 2011 Here is a great example that puts the mammoth numbers congress is tossing around in  perspective. Taking the wealth is not the road to wealth.