Key questions: How much of your net worth is in tax-sheltered accounts (where capital losses are irrelevant)?

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Investment decisions should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

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He walked away with an extraordinary degree of autonomy at Liberty, a nice boost in his net worth and a nifty tax deferral.

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Therefore we can have a tax on net worth.

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This essentially calls for a minimum tax on high-net worth individuals, similar to the one Warren Buffett proposed in his op-ed to the Times last weekend, but as Silver correctly points out, the implementation of such a minimum tax would have an unintended consequence.

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Or, buy life insurance if you've got a large net worth that will be subject to the estate tax.

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These included personal net worth, cash flow and stock option statements, back federal tax returns, W-2s, a company benefits package, various insurance binders, brokerage and 401(k) statements, pension calculations and wills.

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This is not an advertisement but I recommend you find a tax and estate planning attorney who ordinarily represents high net worth families.

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Tax planning is even more important for those with a higher net worth.

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Estrada has said that since the country needs cash, he is willing to make a deal with all tax evaders: the government will drop cases against them if they pay 1% of their net worth.

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