Taxes Going Up!
Why are you still adding to retirement plans? Don't you know that taxes MUST go up on the "have's" to pay for the benefits that our socialist government has bestowed upon the "have-nots?"

Why do you want to defer taxes today only to pay MORE taxes tomorrow? Why do you want to invest in plans and accounts that require your name and social security number? Do you LIKE giving your money away?

The following is just ONE example of what is on the horizon:


Starting in 2011 (next year folks) your W-2 tax form sent by your employer will be increased to show the value of what ever health insurance you are given by the company. It does not matter if that's a private concern or governmental body of some sort, or if you're retired.

So what?

Your gross will go up by the amount of insurance you get.

You will be required to pay taxes on a large sum of money that you have never seen.

Take your tax form you just finished and see what $15,000 or $20,000 additional gross does to your tax debt. That's what you'll pay next year. For many it also puts you into a new higher bracket so it's even worse.

This is how the government is going to buy insurance for 15 % that don't have insurance and it's only part of the tax increases.