Periscope Newsletter & Blog

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Periscope Weekly Investment Newsletter.

Happy Birthday Income Tax!

On October 3rd, 1913, President Wilson signed into law the income tax. The original rate was 1% on incomes over $20,000 and up to $50,000 per year. For those who made more than $500,000 per year, the top income tax rate was 6%!

Today's tax rates are a far cry from the original rates. In fact, with all the deductions that a person received in 1913, only ONE PERCENT of households paid income tax in 1913. Wow!

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Patience, Perspective and Washington

Even if they don't pull the trigger, when someone holds a gun to your head, that's not something you easily forget. --Client

The last few weeks have been difficult for investors. If you only watched the markets, you might wonder what is the big deal? The stock markets largely rose. So what is with Washington DC?

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Go Tax Free

A&I Financial Services - Karl Frank Book - Go Tax Free

 

 

 

 

 

An assortment of tools and strategies that give readers of all backgrounds a clear, specific action plan for obtaining the maximum allowable control over when and how they pay taxes.
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