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  • Election Over...Now What??

    Thursday, November 8, 2012   /   by Todd Franz

    Election Over...Now What??

    THE ELECTION IS OVER....SO NOW WHAT?  What does this mean for interest rates, mortgage rates, tax law?  

    Get a plan ready now...here is why--

    "Make an appointment with your broker and your tax adviser for the week between Christmas and the new year; don't let them take vacation..."

    "Currently both capital gains and dividends are taxed at a top rate of 15 percent. Absent a new law, gains will be taxed at a maximum rate of 20 percent and dividends will be taxed as ordinary income..."

    Are you a buyer?  What are interest rates going to do?  Should I buy now or wait?

    Read the full article here....http://www.reuters.com/article/2012/11/07/us-column-stern-advice-idUSBRE8A623520121107

    Thanks and have a great weekend!

    Todd Franz