Thought this might be of value to you.
Last week the House Ways and Means Committee released the list of the $670.341 billion in tax increases that have already been signed into law, equating to a staggering $2,100 per year in additional federal taxes for every man, woman, and child in America.
Here is a link to the complete list of taxes that have already been signed into law. Courtesy of Congressman John Carter from Round Rock, Texas.
Yesterday I received an email from a friend, financial planner, and small business owner he studies trends in order to counsel his clients on legal and ethical means for increasing cash flow and reducing taxes.
Here’s what he wrote:
“As a licensed financial planner for 24 years (during which I also built 3 successful businesses which I run from home. I know you do a lot better financially when you pay less taxes. The new tax increases will definitely reduce the financial resources of your family, and by default, the country as a whole.
"In spite of your soon to shrink paycheck due to tax increases, I know that you can increase your spendable income by making more money while simultaneously reducing your tax burden. I have been doing this, and helping others do the same, for 24 years.
"To implement better revenue and tax strategies in your home, you need to know about the three trends that impact every employee and small business owner: the rapid growth of the internet, which produces both changes in distribution, and changes in franchising. The combination of these three trends will be the biggest change in business since the invention of the internal combustion engine. And, unlike the cost of an internal combustion engine, tapping into these three trends can be implemented for about the price of a few tanks of gas.
"If you were my financial planning client, I use the following rule of thumb which is based on the Rule Of 72 (Google this rule to learn more). The typical middle income family in the USA (about $50,000 of household income) can anticipate from $3,000 to $6,000 of additional spendable income, in the first full year, from the combination of increased income and reduced taxes … which should compensate for any loss of buying power due to the new tax increases."
Be Healthy & Prosper,
M. Johnson
Here’s what to do next:
For a mere 45 minutes, on most Mondays, beginning at 7:30 pm, you can get a unique overview (with a different speaker every week), of what many small business owners are calling …
“The biggest change in business since the invention of the internal combustion engine.”Go to www.importantlink.com and get your login number for the next weekly webinar, or write down the conference call telephone number if you just want to listen autonomously.
Nothing is for sale.
If you wish, you can register for the webinar using your own name … or even the name of your favorite IRS agent.
Note: webinars provide a basic overview based on the experience of the speaker. A specific webinar cannot answer all your questions because every household is different. However, after a few weeks, you will have learned a variety of ways from which you can pick and choose,one or more means to increase your family’s lifestyle.
Worst case scenario is comparable to buying a membership to Costco and then not go shopping at Costco.
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