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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (17246)	4/16/2007 5:09:17 PM
From: Snowshoe	Read Replies (2) \| Respond to of 220242

>>there is a way for Americans to escape the extorquerationate USA tax system<< There is a much simpler way for the average bloke in the USA to escape income taxes. It's called a Roth IRA. You deposit post-tax money into the account, and it accumulates tax free. Withdrawals, with a few exceptions, are tax free. If you hit a 40-bagger on some stock like QCOM, then the gain is tax free! It's a lot more fun than moving to HK where you face crowded conditions, air pollution, SARS, bird flu, etc. Do you have anything like a Roth IRA in New Zealand? I suppose Helen would be opposed. Roth IRA en.wikipedia.org