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Re: That's the way she learned it at Hogwarts...
Quote:
Originally Posted by sebastian_dangerfield
The formula is this:
Get what you can now because who knows whether it'll be available tomorrow.
It's an elementary principle of business. If what's on the table now is a decent offer, you take it. Here, the formula is take it, grow it, shelter it from future taxes as best you can and pass it on to the kids.
I'll take equity in personal injury cases because they pay off down the road. Contract cases with no insurance coverage? I wouldn't touch contingent comm lit with a ten foot poll. Same applies to tax issues. Calculate it in your head. There might be future costs associated with taking all you can today. And there might not be. No one knows for certain, as it is a prognostication of the "dismal science." The rational thought, the micro-level time value of money argument that matters most, is grab all you can and try to beat a return out of it exceeding all reasonably projected future tax burdens.
You might be wrong. But you're wrong now with cash in hand, and in times like this, anyone arguing against front-loading and hoarding has lost his fucking mind.
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So, please to explain: Why do the Republicans hate America?
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never incredibly annoying
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