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#Post#: 7939--------------------------------------------------
Taxes and the IRS
By: Chiprocks1 Date: April 17, 2012, 12:42 pm
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[center]Things The IRS Won't Tell You
HTML http://www.youtube.com/watch?v=FaU8lgy5NZo
#Post#: 7944--------------------------------------------------
Re: Taxes and the IRS
By: Mac Date: April 17, 2012, 2:30 pm
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D’oh… I paid dearly this year to Fed and State.
But I also knew it was going to happen. I actually set the
wheels in motion. I took a 40K regular IRA and converted it to a
ROTH. There are one time fees associated with that, but in the
long run after I retire, earning and deductions from the ROTH is
the way to go.
#Post#: 7946--------------------------------------------------
Re: Taxes and the IRS
By: Chiprocks1 Date: April 17, 2012, 3:37 pm
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Thanks for the heads up Mac.
#Post#: 7948--------------------------------------------------
Re: Taxes and the IRS
By: Mac Date: April 17, 2012, 8:05 pm
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Chip, you have youth on your side. Be wise. There are examples
all over the place of young people contributing in their very
early years without much drag on their income, letting it grow
and being very comfortable in their later years. You start early
and make it part of routine, you'll never even feel it. I wished
I started out of the gate with my career. Instead I waited long
after marriage and kids. It's been a struggle, but I found my
way.
#Post#: 7986--------------------------------------------------
Re: Taxes and the IRS
By: Chiprocks1 Date: April 18, 2012, 11:21 pm
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[center]The Truth About Tax Rates
HTML http://www.youtube.com/watch?v=oQurO1A8QWE
#Post#: 7991--------------------------------------------------
Re: Taxes and the IRS
By: Mac Date: April 19, 2012, 8:56 am
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I listen to financial radio shows on occasion yesterday the
discussion of the wealthy getting wealthier was interesting. The
bottom line is the wealthy for the most part did not just fall
into it, they worked for it. They researched the system and made
it work for them. Yes, they were enabled in some ways, but they
still figured out how to work it.
I think video’s like this are important. I’ll bet we will hear
more discussion of this. Finances are bubbling up to be very
important for the average person, mainly because times are
rough. If times were comfortable, we would not have this
discussion, even though we are still getting screwed.
Let me sweep into politics. For me, I think Mit Romney will have
a tough time appealing to many a folk because of his wealth. If
they are anything like me, whether it be real or not, people of
huge wealth have a different view of the world and I don’t know
how I could even begin to relate, let alone believe their
guidance will work for the US. I think that way about most
politicians, because I believe most politicians are also wealthy
and live in that other skewed world. They don’t feel the pain or
understand what Joe Average is going through. They make
decisions on what they know.
#Post#: 7994--------------------------------------------------
Re: Taxes and the IRS
By: Chiprocks1 Date: April 19, 2012, 9:09 am
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Excellent point of view.
#Post#: 8066--------------------------------------------------
Re: Taxes and the IRS
By: Chiprocks1 Date: April 21, 2012, 7:10 pm
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[center]$10 Million Loans for Everyone!
HTML http://www.youtube.com/watch?v=I9OtNgpDfPA
Gimme!!
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