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/biz/ - Business & Finance


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16811011 No.16811011 [Reply] [Original]

Remember, each $5000 of annual tax payments paid over forty years slashes your net worth by $2.2 million, assuming you could realize just a 10% return on your capital. At a 20% return, the compound loss balloons to about 4.4 million.

>> No.16811076

DELET

>> No.16811089

>>16811011
>just a 10%
>just

>> No.16811094

>>16811011
What the fucking fuck.

>> No.16811110

>>16811089
You're failing at life if you can't make 10% on your investments

>> No.16811136

>>16811110
Most of the S&P 500 companies are failing at life then.

>> No.16811223

>>16811136
this.

>> No.16811585

>>16811223
That

>> No.16811604

People are morons. Even a 6% reduction in total taxes would mean your average wagie could retire 10-15 years earlier. Literally just pacified slaves. Did you hear them crying about that tiny cut in tax rates a couple years ago? Great job media

>> No.16811623

>>16811223
>>16811585
These

>> No.16812035

>>16811604
bingo

>> No.16812062

>>16811604

Hilarious how liberals constantly cry about how capitalism is screwing then and then turn around and beg the government to tax them more to import more rapefugees and give them"free" healthcare

>> No.16812159
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16812159

yikes this thread is cancer

>>16811089
this is the only intelligent reply

the US 1-year yield is currently 1.5%, and inflation is running at 2%. If you think you can get a 10% real rate of return consistently over the next 40 years, well, you're wrong and soon enough you'll know it.

>> No.16812170

>>16811011
Good thing only poor people pay taxes.

>> No.16812179

>>16811011
How about the gap in social security / if it was invested in the market instead of in dogshit t bills the gap would be 5% annually minimum - over a lifetime thats a million at least.

Fuck I hate the government.

>> No.16812182

>>16811623
them