2012 Taxing Matters

2012 TAXING MATTERS This year, Americans are less concerned about tax increases than they were in 2011. I am worried about tax increases - by net worth < $100,000 $1MM - $5MM $5MM + 70% 70% 73% 63% 65% 60% 2011 2012 2011 2012 2011 2012 Perhaps this is because they are more worried about other issues. Overall, concerns about taxes rank just above "terrorism." National Concerns O Prolonged economic downturn 2 Political environment 3 National debt O Upcoming general election 6 inflation 6 Tax increases O Terrorism Ironically, the tax filing deadline for 2011 falls on April 17th, the same day as Tax Freedom Day. That is the day when Americans will have earned enough to pay their 2012 taxes. $2.62 trilion 2012 state and local taxes 2012 federal taxes $1.24 trillion As of March 1oth, the IRS had already distributed a total of $174 billion in federal tax refunds. According to Cricket Communications, 78% of Americans plan to be "smarter" about how they spend their tax refund this year. How do you plan to spend your tax refund? vacations 15% bills or household leisure 8% activities expenses 50% - gifts 4% other 23% Other tata seurce: MLLIONARE BROUGHT TO YOU BY CORNER MILLIONAIRE CORNER pets 1. ibcs.com/_tw/2012/03/22/10813274-everaje inceme-taerefund-sa-far-abeut-3000 3. w.prnewi.con/rewi-retease/eare detriceni-stretching-tee-refunds- further-this-gearai-needs topmants-145734925hte! 2012 TAXING MATTERS This year, Americans are less concerned about tax increases than they were in 2011. I am worried about tax increases - by net worth < $100,000 $1MM - $5MM $5MM + 70% 70% 73% 63% 65% 60% 2011 2012 2011 2012 2011 2012 Perhaps this is because they are more worried about other issues. Overall, concerns about taxes rank just above "terrorism." National Concerns O Prolonged economic downturn 2 Political environment 3 National debt O Upcoming general election 6 inflation 6 Tax increases O Terrorism Ironically, the tax filing deadline for 2011 falls on April 17th, the same day as Tax Freedom Day. That is the day when Americans will have earned enough to pay their 2012 taxes. $2.62 trilion 2012 state and local taxes 2012 federal taxes $1.24 trillion As of March 1oth, the IRS had already distributed a total of $174 billion in federal tax refunds. According to Cricket Communications, 78% of Americans plan to be "smarter" about how they spend their tax refund this year. How do you plan to spend your tax refund? vacations 15% bills or household leisure 8% activities expenses 50% - gifts 4% other 23% Other tata seurce: MLLIONARE BROUGHT TO YOU BY CORNER MILLIONAIRE CORNER pets 1. ibcs.com/_tw/2012/03/22/10813274-everaje inceme-taerefund-sa-far-abeut-3000 3. w.prnewi.con/rewi-retease/eare detriceni-stretching-tee-refunds- further-this-gearai-needs topmants-145734925hte! 2012 TAXING MATTERS This year, Americans are less concerned about tax increases than they were in 2011. I am worried about tax increases - by net worth < $100,000 $1MM - $5MM $5MM + 70% 70% 73% 63% 65% 60% 2011 2012 2011 2012 2011 2012 Perhaps this is because they are more worried about other issues. Overall, concerns about taxes rank just above "terrorism." National Concerns O Prolonged economic downturn 2 Political environment 3 National debt O Upcoming general election 6 inflation 6 Tax increases O Terrorism Ironically, the tax filing deadline for 2011 falls on April 17th, the same day as Tax Freedom Day. That is the day when Americans will have earned enough to pay their 2012 taxes. $2.62 trilion 2012 state and local taxes 2012 federal taxes $1.24 trillion As of March 1oth, the IRS had already distributed a total of $174 billion in federal tax refunds. According to Cricket Communications, 78% of Americans plan to be "smarter" about how they spend their tax refund this year. How do you plan to spend your tax refund? vacations 15% bills or household leisure 8% activities expenses 50% - gifts 4% other 23% Other tata seurce: MLLIONARE BROUGHT TO YOU BY CORNER MILLIONAIRE CORNER pets 1. ibcs.com/_tw/2012/03/22/10813274-everaje inceme-taerefund-sa-far-abeut-3000 3. w.prnewi.con/rewi-retease/eare detriceni-stretching-tee-refunds- further-this-gearai-needs topmants-145734925hte! 2012 TAXING MATTERS This year, Americans are less concerned about tax increases than they were in 2011. I am worried about tax increases - by net worth < $100,000 $1MM - $5MM $5MM + 70% 70% 73% 63% 65% 60% 2011 2012 2011 2012 2011 2012 Perhaps this is because they are more worried about other issues. Overall, concerns about taxes rank just above "terrorism." National Concerns O Prolonged economic downturn 2 Political environment 3 National debt O Upcoming general election 6 inflation 6 Tax increases O Terrorism Ironically, the tax filing deadline for 2011 falls on April 17th, the same day as Tax Freedom Day. That is the day when Americans will have earned enough to pay their 2012 taxes. $2.62 trilion 2012 state and local taxes 2012 federal taxes $1.24 trillion As of March 1oth, the IRS had already distributed a total of $174 billion in federal tax refunds. According to Cricket Communications, 78% of Americans plan to be "smarter" about how they spend their tax refund this year. How do you plan to spend your tax refund? vacations 15% bills or household leisure 8% activities expenses 50% - gifts 4% other 23% Other tata seurce: MLLIONARE BROUGHT TO YOU BY CORNER MILLIONAIRE CORNER pets 1. ibcs.com/_tw/2012/03/22/10813274-everaje inceme-taerefund-sa-far-abeut-3000 3. w.prnewi.con/rewi-retease/eare detriceni-stretching-tee-refunds- further-this-gearai-needs topmants-145734925hte! 2012 TAXING MATTERS This year, Americans are less concerned about tax increases than they were in 2011. I am worried about tax increases - by net worth < $100,000 $1MM - $5MM $5MM + 70% 70% 73% 63% 65% 60% 2011 2012 2011 2012 2011 2012 Perhaps this is because they are more worried about other issues. Overall, concerns about taxes rank just above "terrorism." National Concerns O Prolonged economic downturn 2 Political environment 3 National debt O Upcoming general election 6 inflation 6 Tax increases O Terrorism Ironically, the tax filing deadline for 2011 falls on April 17th, the same day as Tax Freedom Day. That is the day when Americans will have earned enough to pay their 2012 taxes. $2.62 trilion 2012 state and local taxes 2012 federal taxes $1.24 trillion As of March 1oth, the IRS had already distributed a total of $174 billion in federal tax refunds. According to Cricket Communications, 78% of Americans plan to be "smarter" about how they spend their tax refund this year. How do you plan to spend your tax refund? vacations 15% bills or household leisure 8% activities expenses 50% - gifts 4% other 23% Other tata seurce: MLLIONARE BROUGHT TO YOU BY CORNER MILLIONAIRE CORNER pets 1. ibcs.com/_tw/2012/03/22/10813274-everaje inceme-taerefund-sa-far-abeut-3000 3. w.prnewi.con/rewi-retease/eare detriceni-stretching-tee-refunds- further-this-gearai-needs topmants-145734925hte!