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by tapmap
1823 days ago
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What people are missing here is the fact that Peter Theil is investing in new companies that go on to create thousands of jobs and billions of dollars in taxes every year. He risks his capital to create these new companies, and a lot of his investments go to zero. The next effect of this is that he's generating a lot more tax revenue for the IRS that he's saving from his Roth IRA. |
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