Word: taxman
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Dates: during 1990-1999
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...have non-IRA funds to pay the tax and will stay in the same tax bracket or move to a higher one. It helps if you invest in stocks and have 10 years before you'll need the money. If that's you, convert this year while the taxman is running a Roth special: you get to spread the tax liability over four years. But if you're near retirement and lean toward bonds or CDs, converting may be a bad idea. Analysis by accountants Grant Thornton shows that a couple in the 28% tax bracket ('98 income between...
...Social Security is bankrupt, "the politicians will see this huge pot of money called the Roth, and they won't be able to leave it alone." The Roth is a good idea for many people--and it sure has worked out well for the Senator. But if the taxman comes calling two decades hence, don't say I didn't warn...
...just licked the stamp and dropped your 1997 tax return in the mailbox--with return receipt requested. But this is no time to nap. The taxman has given you plenty to think about in '98. Now is the time to tune up your strategy or get ground up next April in the wheels of change...
Those who would defend the Taxman case in theory but who sought a settlement for political purposes can claim but a modest victory. By burying Taxman, affirmative action supporters only succeeded in postponing their day of reckoning before the high court. Despite their deep pockets, civil rights groups will eventually have to engage their opponents in debate instead of paying them off with a handsome settlement...
Even without a decision from the Supreme Court, we in favor of affirmative action need to engage our critics in debate. But a fruitful debate will only come to pass when we in the affirmative action lobby realize that cases such as Taxman are consistent with our philosophy--when we recognize them as defensible implementations and not as aberrations...