Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank
by boring_twenties on Friday June 25, 2021 @05:34PM
(#27636559)
$10k is definitely under the 1.5-2x poverty threshold proposed by the comment you're replying to. Under their proposal, the $10k earner would pay no income tax at all.
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Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank
by sethammons on Friday June 25, 2021 @06:37PM
(#27637103)
Numbers for illustrative purposes. A graduated tax is more fair from a purchasing power perspective.