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To: Reaganite Republican

I’m debating increasing my pretax contributions to retirement. I know the investments will likely be dropping over the next 4 years, but it should decrease my taxable income. That is if I am not mistaken in my thinking.


103 posted on 11/08/2012 9:11:55 AM PST by Chipper (You can't kill an Obamazombie by destroying the brain...they didn't have one to begin with.)
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To: Chipper
I know the investments will likely be dropping over the next 4 years, but it should decrease my taxable income.

But consider that with mister tax and spend more the rate you pay in the future may be higher than the rate you pay now. I'm not saying you should or shouldn't just consider the implications in both directions.

153 posted on 11/10/2012 5:13:32 PM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
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