The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Tax Deferred Annuity right for me?||Date: 4/28/2013 12:23 PM|
|Author: TMFPMarti||Number: 118534 of 121179|
The rate of taxation is such that it acts as a deterrent to continuing to work.
. . .
I'll just say what I said earlier - until there is a 100% tax, I have not been encouraged yet to be less productive.
Yeah, I have a hard time buying that taxation "cause" too. Maybe it's because I remember when the top rate was more than double what it is today, and somehow people found the motivation to press on.
I think the motivation for cutting back is usually "I have enough." Each of us has a unique definition of enough, and it includes a lot of things besides assets.
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