Is it better to pay taxes now or later? Create a nest egg of $2,000,000 from $250 a month. Accumulation without tax is like adding $660,000 FREE. Accumulate $2,000,000 with NO taxes-EVER. Avoid the greatest killer of wealth-building--TAXES It never fails. The first day on the job . . . BAM . . . they hit you with the most important question of your financial life-to 401k or not. And which investment option? I have never met a young person starting their career that is thinking about retirement, let alone which plan is best for them. They never covered this in school. Luckily there is an answer and you can always change it. Did you know you are giving up your first three to four months of work each year to pay taxes. Just think, every dollar you earn is cut by at least 33%-income, FICA, Medicare, state, sales, gas, etc. Even before you get your paycheck, you have paid the salaries of most of the people in Washington, your state capital, all the brave personnel serving in about 195 countries around the world as well as buying millions of items you will never see or use. In the 21st century, it is hard to avoid paying taxes. Even when you try to save or invest, you will pay tax. You have few ways to avoid being taxed. And it seems that the more you have and are able to pay, the less of the total you pay. Those with money seem to find a way to pay less of it than you do. They have ways to grow wealth and pass it on to family without tax. For example, Warren Buffett pays only 17%. Mitt pays only 14% and his kids have tax shelters too.