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> If by some weird event I was earning 10x what I earn today, you can rest assured my tax rate in the US wouldn't go up from here, but instead it would be restr
by gnicholas 4y ago
> If by some weird event I was earning 10x what I earn today, you can rest assured my tax rate in the US wouldn't go up from here, but instead it would be restructured into deferred capital gains (stock options), corporate ownership, investment in tax deferred or tax exempt accounts and so forth
What would you do to go from 200k to 2M without increasing your tax rate, if you're being paid in cash salary? Can you contribute millions to retirement accounts?
- abofh 4y agoThat's the trick - if you're being 200k, your ability to negotiate how you're paid is limited, if you're being paid 2MM, you can almost certainly negotiate the payments to be a more tax favored solution.