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The Water Cooler
General Discussion
Biden wants to increase taxes on all you rich working peeps.
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<blockquote data-quote="SlugSlinger" data-source="post: 3567896" data-attributes="member: 7248"><p>The 20% vs 40% tax rate equates into a investment return of 20% vs 15%. And unfortunately, we cannot count on those kind of returns year after year.</p><p></p><p>Here's an example of investing $5,000 in the stock market and growing exponentially at 10%, 15% and 20%. Check out the difference in earning a compounded 15% vs. 20% over 35 years.</p><p></p><p></p><p>[ATTACH=full]203393[/ATTACH]</p><p></p><p>[ATTACH=full]203394[/ATTACH]</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3567896, member: 7248"] The 20% vs 40% tax rate equates into a investment return of 20% vs 15%. And unfortunately, we cannot count on those kind of returns year after year. Here's an example of investing $5,000 in the stock market and growing exponentially at 10%, 15% and 20%. Check out the difference in earning a compounded 15% vs. 20% over 35 years. [ATTACH=full]203393[/ATTACH] [ATTACH=full]203394[/ATTACH] [/QUOTE]
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The Water Cooler
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Biden wants to increase taxes on all you rich working peeps.
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