Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

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The Tax Trade Is Getting Crowded

mauldineconomics.com / BY PATRICK WATSON / NOVEMBER 14, 2017

Congress is deciding your portfolio’s future right now—so you might want to pay attention.

If investment success were an algebra equation, one variable would be the amount of after-tax income you can save.

Another variable would be the tax rate of your capital gains and how much of your losses you can deduct.

And yet another variable would be the irrational decisions you make to squeeze your portfolio through the various tax traps.

All that would apply even if Congress just simplified the tax code without changing the amount of money the government takes from us.

The current House and Senate proposals reduce overall tax revenue, but that doesn’t mean they will reduce it for you. Whether you’ll save anything depends on who you are and how you earn your income.

That, in turn, is already affecting financial markets. You’d best be on the right side of it.

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