Tax-Free Investment Strategies
"There's one for you, 19 for me, cuz I'm the tax man" was from the first tax protest song as performed by the Beatles. You see, Britain imposed the 95% tax bracket on the Fab Four, leaving them with 1 pound for every 19 pounds paid in taxes. In the U.S., we once maxed out at the 94% tax rate (in 1944-45) and have had a nearly 40% rate on capital gains.
As I listen to political debates promising astronomical spending and taxation, I think about how many of us are preparing to shift from tax-deferral strategies to tax-elimination strategies. You see, the old notion that it's better to put off paying
