Remember, each $5,000 of annual tax payments paid over 40 years slashes your net worth by $2.2M, assuming you could realize just a 10% return on your capital. At a 20% return, the compound loss balloons to about $44M. For high-income earners in a high-tax country, the cumulative losses from predatory taxation over a lifetime are staggering. Most will lose more than they ever had.
#BITCOIN fixes this.
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Cumulatively, paying $5,000 per year (tax) would therefore cost you more than a million dollars per year. At that rate, $250,000 per year in tax would soon translate to an annual loss of more than $50 million, or $2.2 billion in a lifetime.
#TheSovereignIndividual
Own #bitcoin
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