Well, the obvious answer to your question is to avoid paying any tax!....and that is my point.
Which is interesting in that the return on "tax free" bonds is about 25-30% less than the return on same grade "taxable" bonds. Consider on top of that, the tax free bond is also lending your money to government.
Doesn't look so "tax free" from my perspective. Looks more like stealth taxed to my view.
cHARLIE..cHARLIE....YOU ARE LIKE THE REST OF THE
CLUELESS DEMOCRATS....THEY ARE NOT FORTITUTANEL,
TESTACLE WISE.....Jake
What you say is absolutely true.
But there are tax free instruments which will not increase your tax burden no matter how much you have invested in them. In addition, there are various trusts, capital investments, and business arrangements that can grow a person's wealth with no tax burden.