Bank Bailout Bill will Raise Your Taxes
Now that a $700 billion plus bailout has been approved, guess who they’ll expect to pay the bill? Taxpayers, of course.
Regardless of who moves into the Oval Office, or which party controls the House or Senate, there will be major changes to the tax laws.
Once lawmakers realize that somebody will have to actually pay for this bailout, they will look for any and every possible source of new tax revenue. That’s when they will conveniently forget about the “backbone of the economy thing” and “Mainstreet” will again be the target of their redistribution scheme.
Small business taxes WILL be on the hit list.
Now is the time to protect yourself and learn how to minimize the taxes you pay.
Visit Home Business Tax Deductions