Monday, November 26, 2018

“Sacred Cow” Tax Deductions

I listened to one of those financial planners on the Glen Beck station. He said he has a strategy to help avoid all taxes at retirement, since "sacred cow" tax deductions will always be there.

Isn't that what Mitt Romney is against? Isn't that the problem with any tax reform efforts: that we’ve invited so many sacred cows into our holy of holies?

In listening to non-aligned tax experts, I heard them indicate that many of those "sacred cows” (which are needing to be sent to the “knockers” [not all, they say – a few really do promote a benefit to all]) are promoted by conservatives.

Loren M. Lambert © September 22, 2012

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