Long term investment can delay the realization of capital gain.

( a lot of rich people have a lot of unrealized gain, and then donate to a charity foundation by the time of death, so Uncle Sam will never get any tax.)

 

Using retirement accounts to delay gain. That's why a lot of millionaires are at age of retirement.

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• 推迟享受，抠门啊！ -不开窍- ♂ (0 bytes) () 09/16/2011 postreply 10:43:46

• Well, it's someone else's life. -Morning3evening4- ♂ (0 bytes) () 09/16/2011 postreply 13:29:38