Have you been putting of getting yourself and those you care about ready? Have you been looking for evidence or incentive to start? Well, look no further.
On December 31st, 2012, most of the nation’s current tax benefits are scheduled to expire. Overnight, every American who pays taxes could see a significant increase in what the federal government takes from his or her paycheck, to the tune of hundreds to thousands of extra dollars a year.
Further, capital gains taxes and estate taxes will skyrocket, crippling the income of retirees and the ability to small business owners to pass their hard work on to future generations.
The result could very well be an unprecedented collapse in the US and, therefore, global economies.
You don’t think it could happen? You think the government will do the right thing before then? Have you been paying attention to what the government has been doing up until now?
Take this potential as a warning. Get ready. Now.