backhoeboogie
Well-known member
Hopefully you have already claimed all the capital gains you can. If not, be prepared to fork it all over if you claim any this year. The alternative is to roll it into something else. Keep snow balling it for the next few years. If you sell any land, buy more immediately etc.
The Brady Bill will probably be back with more. If there is a gun you want, you'd best buy it now. If you have any guns that you don't want, hang on to them. Private treaty prices will escalate just like before. Citizens will not want to buy from pawn shops because they can be traced. Private treaty will be percentages higher than used prices at pawn shops.
Bear in mind that double digit inflation will return and things like land value will not necessarily increase proportionally, but the dollar will. This will compound your capital gains problems. Invest accordingly. SS incomes will be worth substantially less buying power. If you are on fixed incomes, start considering self sustaining purchases for yourself and ways to earn a little extra.
If Pelosi starts defining tax laws and things the way the libs on this forum define recession or the Bill defines sex, anything goes.
Start planning for all of it now. You are going to get a democrat no matter what. There are currently three demo candidates in the running and McCain could be the one to get elected. He is the lessor of the three evils.
Pelosi and her supporters will not be able to wipe the blood off of their hands or the smiles off of their faces. Protect yourself every way possible for hard times. Those on fixed incomes are going to need our help.
The inflation will be good for young families just starting out until the interest rates catch up. The increased interest rates will be better for the elderly on fixed incomes.
Junk yards and second hand stores are already in a boon. People will be looking for cheaper alternatives even harder in times ahead.
The Brady Bill will probably be back with more. If there is a gun you want, you'd best buy it now. If you have any guns that you don't want, hang on to them. Private treaty prices will escalate just like before. Citizens will not want to buy from pawn shops because they can be traced. Private treaty will be percentages higher than used prices at pawn shops.
Bear in mind that double digit inflation will return and things like land value will not necessarily increase proportionally, but the dollar will. This will compound your capital gains problems. Invest accordingly. SS incomes will be worth substantially less buying power. If you are on fixed incomes, start considering self sustaining purchases for yourself and ways to earn a little extra.
If Pelosi starts defining tax laws and things the way the libs on this forum define recession or the Bill defines sex, anything goes.
Start planning for all of it now. You are going to get a democrat no matter what. There are currently three demo candidates in the running and McCain could be the one to get elected. He is the lessor of the three evils.
Pelosi and her supporters will not be able to wipe the blood off of their hands or the smiles off of their faces. Protect yourself every way possible for hard times. Those on fixed incomes are going to need our help.
The inflation will be good for young families just starting out until the interest rates catch up. The increased interest rates will be better for the elderly on fixed incomes.
Junk yards and second hand stores are already in a boon. People will be looking for cheaper alternatives even harder in times ahead.