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Author: TheDope1 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 124938  
Subject: Re: Obama's tax plan Date: 10/23/2008 12:42 AM
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I'm sure that if Obama wins, if he gets his tax package passed, and if the promise of no increase under 250K "remains" there will be cases where something like you mention happens.

But isn't that somewhat nebulous? My wife and I are tickling the top 2 tax brackets, and we don't make $250k. The lowest tax bracket starts at something like $180k...doesn't this really depend on your deduction scheme?

General question:
What else can we do for tax shelters? Right now we both max out our 401(k)s, I'm maxed out in my company's stock participation plan, and of course we have our mortgage interest deduction...we're not eligible for IRA tax deductions, either traditional or Roth- is there anything else we can do to shelter some cash?
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