jclay2
01-04-2008, 02:27 AM
Ok, lets say the average person pays 3-4 thousand in income taxes. Now lets assume we took the ron paul plan and cut government to the year 200 level and also ended the income tax. That would leave the average american 3-4 thousand dollars to spend/invest. Lets just say that wiser americans decided to save their new earnings. If you go to
http://personal.fidelity.com/toolbox/growth/growth.shtml and enter in 3500$ for yearly investment, 0$ starting balance, 10% return, 4 %inflation, over a 40 year timespan: You yield nearly 200,000 thousand dollars at the end.
http://personal.fidelity.com/toolbox/growth/growth.shtml and enter in 3500$ for yearly investment, 0$ starting balance, 10% return, 4 %inflation, over a 40 year timespan: You yield nearly 200,000 thousand dollars at the end.