Is Investing Tax Free Legal and Fair?

November 9th, 2008

Although, investing tax free is legal as in municipal bond investing, many people think that it is a poor idea. Many people make a living, or a substantial portion of their income, from investing. Why should they be exempt from paying taxes when everyone else has to pay income tax?

Also, some people make millions off of investing, it would be ridiculously unfair if millionaires became billionaires and didn’t have to pay taxes. If you’re making income, you should be paying taxes, plain and simple.

However, not everyone shares this point of view. Investors who invest tax free are giving up some things that others have.

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Entry Filed under: Business

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