And you thought the upcoming 39.8% Federal tax rate sounded bad… Did you see this cliff coming? Ranchers, farmers brace for ‘death tax’ impact. The exemption drops from $3.5 million $1 million, and the rate jumps to a confiscatory 55%.
I missed this when it aired last June: CNBC pundits admit we’re all slaves to the central bankers.
Items from The Economatrix: