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Taxes Are Costs, Too

Taxes Are Costs, Too

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 Chapter Six Taxes Are Costs, Too - Don’t Pay Uncle Sam Any More Than You Should. WE STILL AREN’T THROUGH with these relentless rules of humble arithmetic—the logical, inevitable, and unyield- ing long-term penalties assessed against stock market par- ticipants by investment expenses and the powerful impact of inflation—that have slashed the capital accumulated by mutual fund investors.
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