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Nasrudith
2y ago
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You would indeed suffer if your "windfalls" in your retirement accounts were taxed at a high rate.
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cykotic
2y ago
Profits by definition mean leftover money after all expenses. Paying tax on profit does not incur a loss by anyone. It does mean that someone receives less than if there was no tax but it isn't a loss. You can't suffer if nothing was taken away.
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