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‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [$33,750 - $45,000 /yr]
CNBC ^ | Published: Thursday, 29 Nov 2012 | 11:24 AM ET | By: Mark Koba

Posted on 11/29/2012 11:31:01 AM PST by Red Badger

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To: Blood of Tyrants
"Wish everyone had to pay their taxes quarterly. You would see a LOT of people crawling all over their congressmen to get the code changed and rates lowered."

Ain't THAT the truth!!!

41 posted on 11/29/2012 7:05:36 PM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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42 posted on 11/29/2012 7:08:04 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: rarestia
well, you're going to hear this a lot but... I wish I was a healthy 32 year old engineer. The rest I would deal with as it comes.

From my perspective, the age ahead will be one to develop self .... physically, spiritually, and for practical means of being self sufficient. As an engineer you already have the golden talent of being able to figure out how to “fix” things. You can use that talent for yourself, and for others!

I suggest you start now to preserve some of your wealth while it is being provided by an employer- buy yourself at least a couple gold coins and a couple pounds of silver coins every year and set them aside in a safe place in your possession. (I like Eagles and Maple Leafs, and also started junk silver coin collections for my kids).

If nothing else, your grandkids will enjoy playing with them someday

If someone had bought me a gold coin and a pound of silver coins for my birthday every year - and I started buying some for myself when I was 32 - I might be posting this from Singapore!

43 posted on 11/30/2012 4:42:31 AM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: silverleaf

I’d love to transfer some of my money to tangible assets, but I Don’t know where to go or where to start. Everyone’s out for their own interests, and I’m not learned enough in the business to understand or know where to get the best buys.

If you have suggestions, I’m open to listen. At this point I’m simply stockpiling lead, steel, and food.

And I thank you for your kind words. My wife calls me an “old soul.” I often feel much older than 32.


44 posted on 11/30/2012 5:50:32 PM PST by rarestia (It's time to water the Tree of Liberty.)
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