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Perspective

Jan. 28, 2010

Income Tax for Top Earners May Soon Be Raised

With the government threatening to raise income taxes, Dana Hollinger of the Dana Goldinger Group says take every opportunity to save money and minimize taxes.

By Dana Hollinger

Many of us are consumed by the potential negative effects of "death and estate taxes" because of the estate tax repeal. But what about "life and income taxes?" Shouldn't we be just as concerned about President Barack Obama's pledge to raise income-tax rates on top earners?

High-income earners have been hit with a double whammy in the last two years - they have lost money in the stock market and they face the prospect of combined federal and state...

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