Jim Puplava’s Big Picture: Tax Shock

Also on the Big Picture: “The Cost of Turkey Day” and “The Great Exodus”

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James J Puplava CFP

In this week’s Big Picture segment, Jim looks at three different topics. In “Tax Shock”, Jim discusses how the “Fiscal Cliff” is really a “tax cliff”, as it’s not about spending limitations, just tax increases. Spending is still going up, and the government is simply hiding it from the public. In “The Cost of Turkey Day” Jim looks at the cost of putting on a turkey dinner for Thanksgiving, and how it compares to prior years. In “The Great Exodus”, Jim foresees a migration by businesses and higher-income taxpayers out of the blue states, as the tax and regulatory burdens continue to get worse. Jim also answers your Q-Calls in this segment.

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About James J Puplava CFP