| New Tax Angles for Investors is a
plain English explanation of the new tax law, plus a comparision of the
current tax law with the law in place before Reagan became President.
The 39 page report also includes an extensive analysis of the likely
impact of this new law on different kinds of investments.
President Reagan began a tax
revolution when he cut the top tax rate from 70% to just 50% in 1981
and
then cut it again to 33% in 1986. President Clinton raised the top tax
rate to 39.6% and delayed further tax cuts for about eight years. In
2001, President G.W. Bush cut the top tax rate on capital gains to 20%
and began a process to eliminate the estate tax.
The 2003 tax law is likely to
be the culmination of the Reagan tax revolution with a cut in the
capital gains top tax rate to 15% and a cut in the top rate on dividend
income to 15%. These tax cuts will have a dramatic impact on the
decisions of investors and are likely to greatly reduce the efforts of
investors to seek tax relief with tax shelters or with various offshore
arrangements.
Many investment and tax
arrangements will have to be re-evaluated and may need to be revised as
a result of this new tax law.
Updates to this report will be
published in the Jacobs Report, a free em-mail
newsletter published 3 to 6 times a month.
The author, Vernon Jacobs, is a
CPA and has been a tax author and editor since 1975. He has analyzed
every new tax law since that date. He is uniquely qualified to put the
latest tax law in the perspective of a twenty year shift in tax policy
in the U.S. and to comment on how the new tax law will affect different
investors.
This report is included
in the Offshore Press on-line library of Wealth Protection Reports,
which is $120 if ordered online .
The 39 page printed report is $18.00. Delivery may take a week to
ten days.
The e-book edition is only $7.00 and it is delivered by email as soon
as you place your order. The e-book edition is available in three
alternative formats as shown below.
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