EXPIRED: Say Bye to Trump Tax Cuts

Get Ready for the Bait and Switch… [The Daily FWD] February 22, 2024 [UNSUBSCRIBE]( EXPIRED: Say Bye to Trump Tax Cuts Hi Reader, Here’s what our editors are looking at today… [Click here to learn more]( News: Dave Gonigam – The 401(k) Bait-and-Switch If you’re not already aware, allow us to be the first to tell you: The 2017 tax law — aka “the Trump tax cuts” — expire at the end of next year. OK, here’s the good news: Unless you’re at the top end of the income scale, there’s no way in hell that your tax rates will rise come 2026. It makes no difference which party wins the White House or Congress this year. Here’s why: If the Trump tax cuts are allowed to expire, everyone faces higher tax rates. It’s not as if there’s any appetite among either Republicans or Democrats for spending cuts. So if the Trump tax cuts are to be made permanent for most of us, the politicos are gonna have to come up with more revenue from somewhere. That’s the real reason for the revived chatter in Washington about eliminating the tax advantages that come with 401(k)s and IRAs. [⇒ Read More Here]( Recommended Reads: [Are You Missing Out?]( Our records indicate you are not receiving the most profitable recommendations from our leading analyst. Don't miss the next opportunity to double your investment in just 24 hours. [>> Act now <<]( [Click here to learn more]( Politics: Jim Rickards – Worms in the Woodwork GDP has gone up, yes, but so has the national debt. The national debt today is $34.2 trillion. GDP today is approximately $28 trillion. This puts the debt-to-GDP ratio at 122%, the highest in U.S. history. The debt-to-GDP ratio was about 120% at the end of World War II. At least then, the U.S. and its Allies won the war, and the U.S. was an economic and political hegemon. Today, respect for the U.S. is in sharp decline around the world and our military ventures in Iraq, Yemen, Syria and Afghanistan have all been failures despite killing some individual terrorist leaders. [⇒ Read More Here]( [Click here to learn more]( Markets: Sean Ring – Unseen Engine Powers AI, Gaming… and the Market I don’t usually write about single stocks, but I had to make an exception this time. The entire planet breathed a sigh of relief when Nvidia (NVDA) beat earnings estimates yesterday. But why is this company so important? Let’s get into it… [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow with what our editors were thinking about this week. Make sure to email us [here](mailto:feedback@paradigmpressgroup.com) with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, [The Daily FWD] The Daily FWD [feedback@paradigmpressgroup.com](mailto:feedback@paradigmpressgroup.com?subject=Daily FWD Feedback) Recommended Reads: [Sad Because You Missed Out On The Crypto Boom? Your Timing Might Be PERFECT]( Because of the crash, super-valuable cryptocurrencies are trading for pennies on the dollar . Now is your chance to scoop them up… sit back… and let your fortune build. As I’m sure you can imagine, you need a different strategy to make money with cryptocurrencies today… [… and that’s exactly what you’ll find here.]( [Paradigm]( ☰ ⊗ [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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