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Forex Opening Bell® | Optimum Trading Signals

TAX INFLATION ADJUSTMENTS

Every year, the IRS makes adjustments to personal exemption, standard deduction, tax brackets and other tax credits to account for changes in the cost of living. Even though U.S. tax rates may remain the same, changing tax brackets, deductions, and credits affects the effective tax rate faced by individuals.

According to the IRS recently issued 2021 annual adjustments for numerous tax provisions:

   Incomes between $9,950 to $40,525 will have a 20 year tax debt of $60,570.

   Incomes between $40,525 to $86,375 will have a 20 year tax debt of $279,180.

   Incomes between $86,375 to $164,925 will have a 20 year tax debt of $603,120.

   Incomes between $164,925 to $209,425 will have a 20 year tax debt of $1,197,920.

   Incomes between $209,425 to $418,850 will have a 20 year tax debt of $2,198,962.

Just as international banks and corporate companies used Forex to hedge against currency depreciation vs. other currencies, you too can use Forex to remove yourself from the risk of your currency depreciating due to inflation.

— Start A Portfolio That Offset Your Future Tax Debt —

 

RED PORTFOLIO

initial investment
$500
with forex broker
unrealized loss
$7.50
per trade
unrealized gain
$22.50
per trade
unrealized net
$60,710
in 20th year


GRAY PORTFOLIO

initial investment
$1,500
with forex broker
unrealized loss
$22.50
per trade
unrealized gain
$67.50
per trade
unrealized net
$180,510
in 20th year


BLUE PORTFOLIO

initial investment
$3,000
with forex broker
unrealized loss
$45.00
per trade
unrealized gain
$135.00
per trade
unrealized net
$360,210
in 20th year


GREEN PORTFOLIO

initial investment
$5,000
with forex broker
unrealized loss
$75.00
per trade
unrealized gain
$225.00
per trade
unrealized net
$596,165
in 20th year


GOLD PORTFOLIO

initial investment
$10,000
with forex broker
unrealized loss
$150.00
per trade
unrealized gain
$450.00
per trade
unrealized net
$1,188,010
in 20th year


PURPLE PORTFOLIO

initial investment
$50,000
with forex broker
unrealized loss
$750.00
per trade
unrealized gain
$2,250.00
per trade
unrealized net
$5,953,280
in 20th year


DISCLAIMER: The information presented is based on simulated trading using systems and education developed exclusively by Forex Opening Bell®. Individual results vary and no representation is made that any account will or are likely to achieve profits or incur losses comparable to those that may be shown.