The Ice Blog

by Ice

Tax Increases Begin Next Year

If you believe the tax increases won’t effect your finances next year – think again. If there were ever a time to seek Financial Solutions to the runaway system of taxation – now is the time. Are there steps that you can take to reduce the burden of next years increased tax rates?  Contact The Ice Blog to find out.

Major Individual Income Tax Benefits Expiring 12/31/2011:

• Personal tax credits applied against income tax no longer apply

• Higher alternative minimum tax exemptions revert back to extraordinarily-low thresholds

• $250 school teacher expense deduction ends

• Mortgage insurance premium deduction expires

• State and local sales tax deductions expire

• Tuition and related fees deduction end

• IRA to charity tax-free transfers stop

• 2% Social Security tax reduction ends

Major Individual Income Tax Benefits Expiring 12/31/2012:

• Marriage penalty equalization ends

• Dividends taxed at capital gains rates removed, taxed at regular rates now

• Capital gains low tax rates expires

• Removal of itemized deduction phase out for higher income Americans

• Removal of personal exemption phase out for higher income Americans

• Child care deduction limit of $3,000 reverts to $2,400

• Child credit reduces from $1,000 per child to $500 per child

• Low 10% tax bracket for low income Americans is eliminated

• Lower income tax rates and smaller brackets expires

• Refundable adoption credit and reduced deduction

• American Opportunity college education credit expires

• Major reduction in earned income credits and refunds

• Income tax exemption for debt forgiven on home foreclosures and repossessions

• Deduction for student loan interest ends

• Education IRA limit drops from $2,000 to $500

Vote Ron Paul and put an end to the IRS strangle hold on your freedom and finances.

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November 10, 2011 Posted by | Economy, IRS, Money, Tax, Taxation, Taxpayer | , , , , , , | 20 Comments

G20 summit: Gordon Brown announces ‘new world order’

It appears that The New World Order is here.


Excerpts from the Telegraph:

“This is the day that the world came together to fight back against the global recession,” he said. “Not with words but with a plan for global recovery and reform.”

“Today’s decisions, of course, will not immediately solve the crisis. But we have begun the process by which it will be solved,” Mr Brown said. “I think a new world order is emerging with the foundation of a new progressive era of international co-operation,”

The success was echoed by Mr Obama. “By any measure the London summit was historic,” he said. “It was historic because of the size and the scope of the challenges that we face and because of the timeliness and magnitude of our response.”

Mr Sarkozy, who had threatened to walk out of the talks unless he got action on tax havens, said a “page has been turned” on the old financial model, the “Anglo-Saxon model”.

October 30, 2009 Posted by | Banks, Banksters, Economy, End of America, Foreign Policy, G20, Gordon Brown, Government, Money, New World Order, Obama, Politics, President, Sovereignty, Traitors, Treaty, Tyranny, United Nations, World Government | , , , , , , , , , , , , , , , , , | 2 Comments

Money, Banking and The Federal Reserve (Video)

by The Ludwig von Mises Institute
The Ludwig von Mises Institute

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salemo, Hans Hoppe and Lew Rockwell, this estraordinary film is the clearest, most compelling explanation ever offered of the Fed and why curbing it must be our first priority.

Alan Greenspan is not, we’re told, happy about this 42 minute blockbuster. Watch it and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.

You can order the “Money, Banking and The Federal Reserve on DVD at Mises.org

October 11, 2009 Posted by | American History, Austrian Economics, Banks, Congress, Credit, Currency, Deficit, Deficit Spending, Economy, End of America, End the Fed, Federal Reserve, Finance, Government, Inflation, Investing, Investment, Law, Legislation, Lew Rockwell, Limited Federal Government, Loans, Loans/Mortgage, Ludwig von Mises Institute, Market Economy, Money, Murray N. Rothbard, Politics, Ron Paul, Sovereignty, Tax, Taxation, Taxpayer, Trade | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment