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clarification on tax rate parameters

Posted: Thu Apr 02, 2015 11:46 am
by widebob
i hope this doesn't sound like nit picking. i truly admire all your work and appreciate having the app.

regarding the two parameters INVESTMENT TAX RATE and INCOME TAX RATE, and per the user guide, i believe a better title for the former parameter would be one that doesn't imply it's a tax rate. as i understand it, it sets the fraction of the investments withdrawal than is subject to tax. an example of a title that seems appropriate to me is: INVESTMENT WITHDRAWAL TAXABLE FRACTION.

bravo for this marvelous tool!

Re: clarification on tax rate parameters

Posted: Thu Apr 02, 2015 12:09 pm
by widebob
oops. i just read a forum item that states that taxable investment returns are taxed annually. hence, the parameter i questioned probably is a tax rate. sorry for not more-thoroughly researching.