I wanna move out of the US but there's not a lot of other countries more libertarian. Friggin Andora? Portugal? I just want to not pay tax and also freely eat drugs.
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If you earned $100,000 & immediately lost half of it to taxes ($50,000), & put the remaining $50k in an S&P 500 index fund like through Vanguard (which has insanely low fees) at approximately 9.8% per year (the average for 90 yrs!) that $50k would become $100k again at year 7.
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cut off the last 10 years.. what's the average return of the former 80 years? humble question
End of conversation
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Definitely worth trying to establish residence in a state with no income tax (like WA).
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Singapore has only 17% income tax.
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