Taxes on Savings are Unfair, Here’s How to Fix It

Trekking
5 min readFeb 5, 2019
Photo by rawpixel on Unsplash

Taxes on savings accounts are unfair. To illustrate what I mean, let’s say a young family of four lives in a two-bedroom apartment that they have outgrown. Both adults have decent jobs and are pulling in $80,000 between the two of them. They decide that they want to start saving for a home of their own where their kids can grow up. They know that it will take a couple of years before they have enough for…

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Trekking

Reality is merely an illusion, albeit a very persistent one. — Albert Einstein