[groanup]

Imagine no taxation on the fruits of your labors.

Imagine no taxes on your investment accounts. Take the dead weight of taxes off and unleash the compounding effect.

$10,000 invested for ten years at 10% minus 30% taxes:

$19,671.51

$10,000 invested at 10% for ten years with no taxes:

$25,937.42

[Your Nightmare]

$10,000 invested for ten years at 10% minus 30% taxes: $19,671.51

$10,000 invested at 10% for ten years with no taxes: $25,937.42

$19,671 spent with no NRST = $19,671 in purchasing power.

$25,937 spent with 23% inclusive NRST = $19,971 in purchasing power.

So you're about even.