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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: longnshort who wrote (150539)5/3/2011 5:15:46 PM
From: kollmhn  Read Replies (1) of 206315
 
"why not take the tax cut now while you are in a higher bracket, and thus more money is working for you. Then later when you are in a lower bracket (if you can trust congress)"

I'm not clear on what your point is. However, "LATER ON", I'll wager I'll be in a higher bracket (after 2012 when income taxes go up and a 3.8% Medicare surtax gets added.)
Thanks, but no thanks. I'll pay the piper 35% now and avoid the 43.5%, or higher bracket, later. Not to mention reducing estate liability.
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