Clark Howard on Barack Obama Tax Plan

Well, this long, long election is finally over. Now we just need to figure out what the ramifications of this historic election will be. My economic hero, Clark Howard, feels anyone in the $100,000.00 range should start looking for shelter for their money. Personally I think it will hit those below $100,000.00, but we will see.

I work for a small business. I have been treated very well by this small business. I'm hopeful that this business will not be negatively affected by this new administration, because the success of this company has translated in to success for me. For my husband and I, well we have raised 7 children between us and have worked very, very hard to get where we are, giving up much along the way. Are we really selfish for wanting to keep what we work for? Are we selfish for saving for retirement, giving up that money now to have in the future? Do we need to worry that our savings will be considered excess riches that need to be shared? Questions to be answered as this future administration unfolds. As he campaigned he did seem to have disdain for those of us that have worked hard for years and have managed to amass salary gains and/or savings. Time I suppose will tell.