THE TRUTH ABOUT TAXES AND HOW WEALTH IS CREATED MATT THERIAULT
f financial freedom and
building wealth are of
any importance to you,
then
understanding
tax
structure is a non-negotiable.
Your taxes, representing up to
50% of your lifetime’s income,
is a required area of focus with
regard
to
how
wealth
is
created. Tax laws are not only
set up as a governmental
revenue stream, but also to
incentivize
contribute
individuals
to
what
to
the
government wants done: such
as job creation, housing, and
aligning with their social and
environmental policies. This is
why tax deductions for big business and investors are so prolific. But in order to take advantage of the tax laws
as they exist, you first need to understand the ideology behind their structure.
Let’s take a look at the simple truth about taxes:
•
The harder you work for money, the more you’ll pay in taxes.
•
The harder your money works for you, the less you pay. But…
•
When other people’s money works hard for you, then you’ve really hit the jackpot, and you’re taxed even less.