Its Worse than We Thought

The economy: The long-term employment and retirement situation for many Americans may be a lot worse than we thought for many people. The current economic environment including the bailouts, actions by the US Treasury and the overall monetary situation could cause taxes to return to historical averages or even higher than average.

This could place many Americans into a tax bracket that is double or nearly double what they are currently paying. Combined with lower investment and real estate portfolio values and a declining economy, this could mean that many citizens have less than half or even less than a fourth of what they had planned to have during retirement.

There are some strategies to counteract the effect of this. Visit FentonReport and send an email asking for a free research report on the situation. http://www.fentonreport.com



taxes bailout economic turmoil deficit administration economy stock market war Iraq Afghanistan baby boomers social security medicaid medicare welfare obama cpi consumer spending printing money average historical average rates Ronald Regan bill Clinton George bush sr 1950s 1940s 1970s 30 75 years 1982 cut



http://www.mutualfundcenter.com

http://www.atlanticfinancial.com http://www.fentonreport.com/2002/12/16/health-living/christmas-blessings/30
http://www.fentonreport.com/2002/12/30/health-living/2003-new-year%e2%80%99s-...
http://www.fentonreport.com/2003/01/06/health-living/children-and-money/32

Category:

News & Politics

Tags:

• taxes
• bailout
• economic
• turmoil
• deficit
• administration
• economy
• stock
• market
• war
• baby
• boomers
• social
• security
• medicaid
• medicare

[thumber56]

You are an average idiot.

[BruceFenton]

@thumber56 you must be one of those people who thinks the economy is just peachy

[luc59457]

You were kind of against Alex jones claims in another video which I can understand, but not the claims you are trying to debate. Sustainability is one thing but how does Obama expect to bring in cleaner technology, to really evolve the nation, any time soon with all these expenses just to sustain. Business are struggling alone, while he is bailing out already wealthy companies that got in trouble like AIG and the auto industries, and funding the war. Not much going to long term solutions.

[BruceFenton]

@luc59457 Im no fail of the bailouts, thats for sure-- (have a video on that too) - I dont really claim that the Pres has the answers either-  dont get me wrong about Jones, he makes good points just could have used more substance in that video

[06033970]

your a prick and i dont like u, i dont like ur voice, your face, your attitude, everything about u pls stop posting crap

[BruceFenton]

@06033970 dont be shy, tell me how you really feel :)

[christo930]

@BruceFenton Jones is an idiot with no credibility at all.  No doubt that some of what he says is true, but who the hell wants to look up everything somebody says because you can't trust them?

[captkirkconnell]

it is a big trick to vote taxes up for the rich- as the money inflates the lower income people will be "inflated" into the higher bracket.. If there is hyper inflation it will happen quickly, perhaps when you go to vote for taxing the rich, by the time you get home you will be in that higher bracket. Taxes are a mute point, if they raise or lower taxes the revenues change very little.. 

[SherwiniusMaximus]

like video,

Technical problem though with how tax brackets work. If someone makes a million dollars with the highest tax bracket being 90%, uncle sam does not take 900G. The first part of your income gets the first bracket rate (e.g. first 10G taxed at 5%), then the income between the first and second brackets gets taxed the second bracket rate (e.g. next 10G at 10%), and so on. That is why making one more dollar cannot hurt someone by pushing them into the next tax bracket. Still extremely high

[jimmy10fingers]

You look like a young dan akroyd

Good video

[MikeGoGettersVLOG]

Your right but your also all left brain sadly. Doesn't do any good whatsoever.