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<p>[QUOTE="desertgem, post: 1159123, member: 15199"]I think that the S & P rating warning was a political event, in that it seemed intended to push the legislature and the president into some hard decisions sooner than they want to do ( they would prefer to wait until after elections). I do not see how taxes can do anything but increase for the middle and lower class. I paid my roth conversion this year in one sum, not wanting to wait and see what taxes I would face in 2012 and 2013 if I accepted the ROTH "special" this year.</p><p><br /></p><p>I think that even the experts would not touch the question of future taxes ( unless they figure they are never wrong ) so most are on their own. I expect that the 1099 subject on coins , etc. will also pass before long, even if it is resurrected within another bill beside the health plan proposal. SO if you plan to sell over $600, that might be kept in mind. I so support everyone paying all taxes due, so do not interpret as tax avoidance advice. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Jim</p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1159123, member: 15199"]I think that the S & P rating warning was a political event, in that it seemed intended to push the legislature and the president into some hard decisions sooner than they want to do ( they would prefer to wait until after elections). I do not see how taxes can do anything but increase for the middle and lower class. I paid my roth conversion this year in one sum, not wanting to wait and see what taxes I would face in 2012 and 2013 if I accepted the ROTH "special" this year. I think that even the experts would not touch the question of future taxes ( unless they figure they are never wrong ) so most are on their own. I expect that the 1099 subject on coins , etc. will also pass before long, even if it is resurrected within another bill beside the health plan proposal. SO if you plan to sell over $600, that might be kept in mind. I so support everyone paying all taxes due, so do not interpret as tax avoidance advice. :) Jim [LEFT][COLOR=#000000] [/COLOR][/LEFT][/QUOTE]
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