2 ms·
That really only works with zero interest rates. Otherwise, if you figure 10% growth and 20% capital gains, you're paying 2% tax on assets. It wouldn't make sen
by ndriscoll 3y ago
That really only works with zero interest rates. Otherwise, if you figure 10% growth and 20% capital gains, you're paying 2% tax on assets. It wouldn't make sense to take out a 5% loan to avoid a 2% tax (or for the wealthy, but not ultra wealthy, 1.5%)