Now is the time to put all of your financial and tax plans in place. Get it done before the first of the year. The "wealthy" are already going to take a hit from Obamacare and the surtaxes that legislation imposes on MediCare taxes and investments. Every pilot at FedEx took a tax hit on the HCSA reduction. The proposed increase in tax rates for 2013 on income and dividends will just be an extra slap in the face. It doesn't take a stretch to figure a FedEx pilot and his spouse are "wealthy." A widebody Captain thats been here 20 years, military retiree, working spouse, a few decent investments and you are square in the crosshairs of this administration.
Get it done this week or next. This train is coming at you and you are sitting on the tracks!!