
Course #301- Hidden Estate Decimators - Income in Respect of a Decedent - 1 Hour MP3
Course# 301 Hidden Estate Decimators - Income in Respect of a Decedent Speaker: KENT WYATT MEYER The House Ways and Means Committee released a draft of a tax plan that would raise the highest income tax rate by 4.3 % The House Ways and Means Committee released a draft of a tax plan that would raise the highest income tax rate by 4.3 % to 39.3%. By 2010 the highest income tax rate would excel to 44% after 2010. This would lift the Federal Income Tax Higher than its been since 1976. And get this: For families with incomes between $250K and 500K the “marginal” tax rate paid on the next dollar of earned income could sour to 80%, or some cases above 100%. In other words, some Americans could pay $1 in taxes for every $1 they earn under the House tax plan. This means that the income taxes paid by the top 1% would go to 40% of all paid taxes of the entire tax paying population. The following discussion will show you how to mitigate the brutality of the Hidden Estate Decimator