Wednesday, December 12, 2012

"the Cliff" Looms, Some Taxing Investment Decisions - eWallstreeter


From: Forbes - Personal Finance - 5:27pm - December 10, 2012

As the fiscal cliff negotiations in Washington continue to grind on, investors are attempting to determine what actions (if any) they should take in their portfolios before the stroke of midnight on December 31.? After all, if there?s no tax deal and the automatic increases kick in, people in the 33% tax bracket will find themselves paying taxes at a 36% rate, and those paying at the 35% rate currently would jump up to the 39.6% tax bracket.

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Source: http://ewallstreeter.com/as-the-cliff-looms-some-taxing-investment-decisions-4864/

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