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USA | Would agree Humble.
Don't understand got to spend it by the end of year mentality. Talked to a guy this week that shot his wad before the end of the year on seed corn to defer his tax bill. If he had kept his powder dry could have got the same corn he bought for a little over 25% less on a deal that come come about this week.
Using $100,000 seed expense as an example @ 35% tax rate = $35,000 tax. @ 4 % money cost = $1400.
$25,000 seed savings on $1400 money cost investment is 1800% ROI
His year end tax game was an expensive mistake.
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