Nov 7, 2019

According to Randall Forsyth writing in Barron’s, wealth taxes tend not to work--But they still might be coming your way. The much publicized difference between the poor, the merely prosperous, the rich and the ultra rich is leading to a wealth tax. It is becoming the preferred method of paying for extravagant, never-before-tried projects like Medicare for All and the Green New Deal—with price tags in the realm of SIXTY trillion dollars over the next ten years, all in!  Alexandria Ocasio Cortez says that is no problem--it is simply an INVESTMENT!  Liz Warren and Bernie Sanders are drawing big crowds at rallies on the same battle cry. Today, Steve and I will review a Barrons article on the wealth tax that you don't to miss, followed by specific pointers on comparing annuities. Don't miss today's show MASTERING MONEY is on the air!!