3 ms·
Any IRA owner with more than 50 years of average family income ($3.5m) should be required to liquidate it. These are not tax shelters for the rich! But seriou
by systemBuilder 5y ago
Any IRA owner with more than 50 years of average family income ($3.5m) should be required to liquidate it. These are not tax shelters for the rich!
But seriously this is no different than if he owned the stock shares outright and he just chose never to sell those shares for 50 years he would pay no tax! It's how the rich have break to the system to favor Capital over labor!