Today, Explained

Collect $5 billion. Do not pay taxes.

Aug 3, 2021 · 28 min
0:00-28:26

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The Roth IRA was invented by Congress to incentivize middle-class retirement savings. ProPublica’s Justin Elliott explains how venture capitalist Peter Thiel ended up with $5 billion in his.

Transcript at vox.com/todayexplained.

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