June 2010 Election Results To Have Major Negative
Impact on Taxes for Investors. What Can Be Done?

Yesterday was the ‘Super-Tuesday’ of primaries.

And throughout June many of you will be voting in
your primary elections.

This is NOT a political post, but taxes and
politics are closely related…And here’s what
this has to do with me and you:

==>If you followed any of the race results
yesterday and over the month of Junes so far,
there’s a clear buck against incumbents and ‘the
establishment’.

There’s going to be a lot of new first time faces
in Washington come January.

What does this mean for Taxes and You the tax
paying real estate investor/entrepreneur?

The balance of power is certain to shift. And come
January, it will likely be much tougher to get
sweeping tax changes passed.

Which means a ramping up of tax changes between
now and January is almost gauranteed.

Why?

It’s already been happening…

If you’ve been following tax changes recently, you
already know there are major shocking changes.
Changes in capital gains, rental income, passive
income, section 179, schedule c, 1099s, and much
more. Which all result in huge tax increases.

(I’ll mention, there are new tax credits also)

With this new revelation at the voting booth,
Watch out for even more serious changes.

If you’ve not seen the tax changes already passed in
the last 6-12 months, and want to see a few ways
to protect your self from them, you can check out
this video.

http://www.askyourmembers.com/tax/vidsqz.htm

Enjoy!

Norm