Who Will Pay?
How many times have I asked you, “Do you believe taxes will be higher in the future?”
For those who look out at Pikes Peak every day, picture a little snowball rolling down the mountain getting ever larger. If you’ve ever hiked the mountain, the snowball has past the Golden Stairs and now is halfway to the A-Frame. It continues to pick up speed. After it demolishes the A-Frame, Barr Camp is next. When does it hit Manitou and Colorado Springs? Can it be stopped?
This is how I picture taxes.
Review this short article (2-3 minutes) Americans Spent More on Taxes in 2021 Than on Food, Clothing and Health Care Combined.
Will this get worse in the future?
With huge inflation now present what will be the consequences?
What does this mean for you?
With our national debt having just surpassed $31 trillion what does this mean? I read at MarketWatch just this morning we are running out of buyers for our national debt.
How will the government fund this ever-increasing debt? Will this pattern ever end? In our lifetimes?
Should you be creative about the future tax load that will be on your back and your children and grandchildren?
Should we develop strategies that will reduce or even eliminate income taxes in your future?
For most, there are strategic actions and plans to implement which will reduce your future taxes.
