Thiel makes billions all tax free

[gipper]

Isn’t this just so nice? Buy stock within your Roth IRA and all the gains are tax free.

What a country!

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000​

Last Updated: June 24, 2021 at 3:22 p.m. ET
First Published: June 24, 2021 at 12:16 p.m. ET
By

Alessandra Malito​

His account jumped more than $3 billion in just three years, even though he didn’t contribute money to his Roth after 1999​

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000

 

[struth]

Isn’t this just so nice? Buy stock within your Roth IRA and all the gains are tax free.

What a country!

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000​

Last Updated: June 24, 2021 at 3:22 p.m. ET
First Published: June 24, 2021 at 12:16 p.m. ET
By

Alessandra Malito​

His account jumped more than $3 billion in just three years, even though he didn’t contribute money to his Roth after 1999​

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000

good for him, sounds like he invested in his own start up and betting on himself snd own hard work paid off!

 

[Blues Man]

Isn’t this just so nice? Buy stock within your Roth IRA and all the gains are tax free.

What a country!

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000​

Last Updated: June 24, 2021 at 3:22 p.m. ET
First Published: June 24, 2021 at 12:16 p.m. ET
By

Alessandra Malito​

His account jumped more than $3 billion in just three years, even though he didn’t contribute money to his Roth after 1999​

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000

so what?

A Roth IRA is the best retirement savings account there is. You're just pissed that you were too stupid to fund one.

 

[wamose]

If it wasn't illegal, then it's the politicians fault for writing the laws that permitted this. God only knows how many crooked politicians got reelected because of laws like this.

 

[DGS49]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

 

[Blues Man]

If it wasn't illegal, then it's the politicians fault for writing the laws that permitted this. God only knows how many crooked politicians got reelected because of laws like this.

The Roth IRA is a great tool for people to save for retirement just because a couple people used it and made really good investments is no reason to knock it

 

[Toddsterpatriot]

Isn’t this just so nice? Buy stock within your Roth IRA and all the gains are tax free.

What a country!

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000​

Last Updated: June 24, 2021 at 3:22 p.m. ET
First Published: June 24, 2021 at 12:16 p.m. ET
By

Alessandra Malito​

His account jumped more than $3 billion in just three years, even though he didn’t contribute money to his Roth after 1999​

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000

OMG!!!!

LOL!

 

[gipper]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

No it won’t. Read the article in the OP.

 

[gipper]

If it wasn't illegal, then it's the politicians fault for writing the laws that permitted this. God only knows how many crooked politicians got reelected because of laws like this.

Yes. Exactly right. The ultra rich own and control the politicians who then make sure tax laws benefit the ultra rich. It’s a racket the Mafia can only dream of.

 

[Toddsterpatriot]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

No it won’t. Read the article in the OP.

He'll pay sales tax or he'll hire people with the money.

He's not going to eat it or burn it.

 

[Blues Man]

If it wasn't illegal, then it's the politicians fault for writing the laws that permitted this. God only knows how many crooked politicians got reelected because of laws like this.

Yes. Exactly right. The ultra rich own and control the politicians who then make sure tax laws benefit the ultra rich. It’s a racket the Mafia can only dream of.

You do realize that a Roth IRA benefits everyone who invests in one don't you?

 

[gipper]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

No it won’t. Read the article in the OP.

He'll pay sales tax or he'll hire people with the money.

He's not going to eat it or burn it.

Dumb as usual.

 

[Toddsterpatriot]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

No it won’t. Read the article in the OP.

He'll pay sales tax or he'll hire people with the money.

He's not going to eat it or burn it.

Dumb as usual.

You should whine some more.

 

[gipper]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

No it won’t. Read the article in the OP.

He'll pay sales tax or he'll hire people with the money.

He's not going to eat it or burn it.

Dumb as usual.

You should whine some more.

You will always ignore injustice that benefits the wealthy, because you aren’t smart enough to understand the truth.

 

[Toddsterpatriot]

When he liquidates his assets and starts spending money it will be taxable. Good enough for me.

No it won’t. Read the article in the OP.

He'll pay sales tax or he'll hire people with the money.

He's not going to eat it or burn it.

Dumb as usual.

You should whine some more.

You will always ignore injustice that benefits the wealthy, because you aren’t smart enough to understand the truth.

Roth IRAs are injustice? Don't you have one?

 

[ESay]

Can anyone explain how this fund operates, in a nutshell? You give them some money and they invest them in stock market or something like that?

 

[TNHarley]

Damn, well played Peter!

 

[odanny]

Isn’t this just so nice? Buy stock within your Roth IRA and all the gains are tax free.

What a country!

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000​

Last Updated: June 24, 2021 at 3:22 p.m. ET
First Published: June 24, 2021 at 12:16 p.m. ET
By

Alessandra Malito​

His account jumped more than $3 billion in just three years, even though he didn’t contribute money to his Roth after 1999​

How Peter Thiel turned $2,000 in a Roth IRA into $5,000,000,000

He's a scammer, but he had tools available to him that the rest of us don't. We can't purchase company stock for 0.001 cent a share, like Theil did, and then take those capital gains and make other investments in other companies to get billions in tax free profits.

And you can read the comments of all the poor white trash who applaud the scam, but keep in mind, they also worship a con man named Trump.

 

[odanny]

Can anyone explain how this fund operates, in a nutshell? You give them some money and they invest them in stock market or something like that?

A Roth IRA is taxed before the income is deposited, what gains you make are not taxed. When you are eligible for withdrawal, you are not taxed.

 

[Toddsterpatriot]

He's a scammer, but he had tools available to him that the rest of us don't.

I know, fucking Clinton creating his Roth IRAs in 1997......bastard!!!