The Benefits of Delayed Taxes

Bob Greene: Tax code makes owning 80% or more of a business far more profitable for us. He says if we own $1 million after tax, the entire amount ensures to our benefit. We may defer paying 40%, but eventually we pay it once when we own an investment through a stock. Greene: On May 20, 2003, I ran an op-ed piece by Washington Post that was critical of new tax proposals.