The Tax Man Cometh, and He’s Got His Eyes on Your Investment
UPDATED 11-OCT-2011
It’s not news that the current Social Security and Medicare programs are not sustainable. In fact, with the first wave of baby boomers already eligible for Social Security and first becoming eligible for Medicare in 2011, the outlook is bleak for each program unless significant reforms are made. In an attempt to bolster the Medicare program, as part of the over-1,000-page and much-publicized “Health Care and Education Reconciliation Act of 2010,” Internal Revenue Code Section 1411 was enacted…[...]
