30 ms·
The article borders on the ridiculous. > after 200 years, $1m placed in trust and growing tax-free at an annual rate of 6% will have become $136bn. Great, let
by umeshunni 7y ago
The article borders on the ridiculous.
> after 200 years, $1m placed in trust and growing tax-free at an annual rate of 6% will have become $136bn.
Great, let me just put $10K into this magical tax free, 6% annual trust and collect my $1.36B in 200 years.
Nevermind, the article is ridiculous.
- wmf 7y agoSpeaking of "tax free", there must be some federal tax due at some point. I don't believe in magic.