AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
341: Money with Katie’s Middle-Class Myths and The Great Roth vs. 401K Debate
BiggerPockets Money Podcast
Is That Really Unchallengeable?
Politically it's very unpopular to raise tax brackets marginal rates for the middle class and lower. So I would point to that just like kind of the political incentive to keep taxes low in the popular brackets. The other thing is, your income today and the income that you are putting into the Roth account is being taxed at your highest marginal tax rate now when you're being taxed top down. And so the marginal rates would actually have to rise quite substantially for your effective rate later that is bottom up to be competitive with the top.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode