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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Odd that folks are excluding investment income and all their W2 adjustments [/quote] +1 Agree. Almost all of our income is investment income. Tax treatment of investment income (LT capital gains tax rates) is so much better than W2 income except for the 3.8% Obamacare tax (Net Investment Income Tax). Salaries are for suckers.[/quote] This seems crazy to me if you also make good W2 money still but I guess we make a ton more than I thought hah. [/quote] I much prefer paying a combined 23.8% on our taxable investment income (can’t seem to get it down to 18.8%) than the 37% we used to pay on our W2 income. Would love to borrow off our investments and implement the “buy, borrow, & die” strategy but that’s really only for the really wealthy billionaire types.[/quote]
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