Wondered if anyone has a forming picture of tax structures in 2010? Dividends and long gains at 20%? Mortgage deduction reduced? 250k or
"dapperdobbs" wrote
2010? We're still wondering what's next in 2009.Conventional wisdom would say that taxes are going up in the future. Whether that's through increases in the tax brackets, eliminating tax preferred items of income (like qualified dividends, LT cap gains, etc), lowering of phase-out's on deductions, eliminating selected deductions entirely, increasing the cap on wages subject to SS tax, or all of the above and more.
All we have to go on is what comes out of DC. So till it happens, go with what you know.
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