A guy asked me if his interetance will affect the premiums he pays for Medicare via IRMAA. Remember folks, you pay NO Federal Tax on money you inherit. A couple states do have an inheritance tax, PA, MD, NJ and Nebraska, if memory serves. Check my work if you want.
From the Feds though there is no inheritance tax. Now you'll pay tax on the INCOME your inheritance produces just not on the asset you inherit by itself.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?