Friday, October 8, 2010

CBS 60 MINUTESARE TAX RATES GOING UP?
Anyone who thinks their tax rates will be higher in the future should consider converting to a Roth IRA.
Anyone who thinks they won't should watch this this 60 MINUTES segment that aired March 4, 2007

From CBSnews.com:
As correspondent Steve Kroft first reported earlier this year, he is the nation's top accountant, the comptroller general of the United States. He's totaled up our government's income, liabilities, and future obligations and concluded that our current standard of living is unsustainable unless some drastic action is taken. And he's not alone. It's been called the "dirty little secret everyone in Washington knows" – a set of financial truths so inconvenient that most elected officials don't even want to talk about them, which is exactly why David Walker does.

Click this link to go CBSnews.com where you can watch this 60 MINUTES segment

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