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Canuck57[_9_] Canuck57[_9_] is offline
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First recorded activity by BoatBanter: Oct 2009
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Default Where does the Goldman Sachs money go??

On 26/04/2010 12:58 PM, nom=de=plume wrote:
wrote in message
...
On Sun, 25 Apr 2010 21:18:39 -0600,
wrote:

On 25/04/2010 7:16 PM, wrote:
My real problem is, this will put
us past the evil $250k mark if I try to roll it all at once and the
IRS will come after me.

Pray tell what is the $250K mark? Some penalties? And roll it into
what? IRA? Capital gains amount??


If you make over $250k the Obama tax increases really smack you.



Untrue. It's a small increase. Those over $250K hardly care. At least that's
my reaction anyway.


He would be better off to use a table like this to decide what tax rate
he is better off with:

http://en.wikipedia.org/wiki/Income_..._United_States

33% federal (state extra) is at $171k. Pretty steep grab considering
state and employment taxes extra. 33% at $104k if you are married and
you both have incomes.

--
Socialism and statism are great as long as someone else pays for it.