03-23-2014, 02:17 AM
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#13
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Ninjapotamus
Drives: F10 & E90
Join Date: Feb 2011
Location: Bellevue
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Quote:
Originally Posted by italia
If you're not paying a penalty for under withholding, then paying as much of your tax bill on April 14 simply means that you've had possession of your after tax earnings; instead of the government holding onto it during the year and giving it back to you after you file. Given that investment markets were quite bullish in 2013, I certainly would rather have had my money to invest than letting the government hold on to it. People who want a big return either don't understand this, or can't trust themselves to not foolishly spend it during the year.
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nailed it!
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