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Personally I agree. Practically and politically, good luck convincing the 99% to go along with the 1% deferring taxes on their income indefinitely.
by scottlegrand2 10y ago
Personally I agree. Practically and politically, good luck convincing the 99% to go along with the 1% deferring taxes on their income indefinitely.
- chimeracoder 10y agoIt's not indefinite. Traditional IRAs have mandatory withdrawals, and lifespans are finite, so there's a clear bound on how long the taxes could be deferred.