What is double taxation?!

来源: 2009-11-15 20:34:24 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

Hmm, how about this: borrow 50K today, tomorrow pay back with same 50K. Is there double taxation?

I don't see that. The money borrowed is pre-tax, you use it for whatever reason, it's still pre-tax. When you pay back, you're only paying back what you borrowed. It's NOT double taxation. If this is only reason not to used loan from 401K, it's a wrong reason.