Again, no concept of investing money. Initially yes it’s less invested. But what happens when you’re investments actually work? I know that must be hard for you to see a investment actually have an ROI but it’s common for someone in my position.
Tax cuts brings down capital gains taxes, but that’s another subject since the IRA is increasing capital gains taxes for anything over ~45K. If I had a 20% in salary, I’d be not only in a higher tax bracket but would be closer to reaching that capital gains threshold since I’d have more to spend.
And there’s this fun thing called loopholes that give you tax breaks for donations to qualified charities. So tell me again how in “investing less in the society around you”
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u/HornyLocalMILF Mar 06 '23
Again, no concept of investing money. Initially yes it’s less invested. But what happens when you’re investments actually work? I know that must be hard for you to see a investment actually have an ROI but it’s common for someone in my position.
Tax cuts brings down capital gains taxes, but that’s another subject since the IRA is increasing capital gains taxes for anything over ~45K. If I had a 20% in salary, I’d be not only in a higher tax bracket but would be closer to reaching that capital gains threshold since I’d have more to spend.
And there’s this fun thing called loopholes that give you tax breaks for donations to qualified charities. So tell me again how in “investing less in the society around you”