Tom, I can imagine that if this system on double taxing happens to investors that have little of no capital that this hits them harder than for people with a good filled bank account. . . .One should better not invest money that he can not afford to lose:-)
In the case of this Dr. X I interpreted his case at first that he got a "taxable payout " of ~ $ 20000 on his $ 50000 Investment and that he had to pay $ 10000 on Taxes so that his investment would be worth $ 60000. . . but that did not appear logical as all. . No one would complain about getting $ 10000 richer in 7 weeks!
Then I did some other calculations but these gave ridiculous results as well. I think now after reading Toofuzzy's and you remarks I think I have it straight.
I think I better stick to “Vortex Mechanics” and leave the Investment World for others to be figured out :-)
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