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DON’T TAX MY INCOME, TAX MY CONSUMPTION #rich #thoughts #finance #enterpreneur #business 🔎🔍

🎞️ · 08.06.2023 · 17:30:05 ··· Donnerstag ⭐ 0 🎬 0 📺Motivation & Finance
🎬 · 08.06.2023 · 17:30:05 ··· Donnerstag
😎 · 03.07.2024 · 15:40:29 ··· MiTTwoch
THE RICH DON’T PAY TAXES LEGALLY

There are well-worn ways to make sure Uncle Sam doesn’t get his cut of a fortune being passed on to heirs, and the most common is through a trust. How common no one can say, but we found evidence that at least half of the nation’s 100 richest individuals had used estate-tax-dodging trusts.

Holding Wealth in Stocks And Real Estate :
They invest their money in stocks or real estate, which are not taxed until they are sold. As a result, the wealthy keep getting richer as their assets appreciate in value, but they do not pay taxes on them.


DON’T TAX MY INCOME, TAX MY CONSUMPTION

Every time people try to punish the rich, the rich don’t simply comply. They react. They have the money, power, and intent to change things. They don’t just sit there and voluntarily pay more taxes. Instead, they search for ways to minimize their tax burden. They hire smart attorneys and accountants, and persuade politicians to change laws or create legal loopholes. They use their resources to effect change.

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