We are not free.
✅ - TRUTH - ✅
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Learn to pay 0% taxes like the rich. It doesn’t involve offshore accounts or anything illegal.
The IRS has 3 categories for income.
Earned: this is the slave category. We rent out our time for money. On top of the 30%+ income taxes, we will all pay sales tax, property tax, inheritance tax, death tax, etc. Over 50% of your income will be stolen.
Portfolio: this type comes from paper assets like stocks and bonds. For most people (depends on your income level) the taxes here would peak at 15%. Additional advantages for becoming a day trader. It’s possible to reach 0% if done the right way.
Passive: like I tell my family and friends, there’s no such thing as truly passive income. But you can get close. This is income that flows from rental properties or businesses you own (but don’t work IN). This is where you want to be. MUCH lower taxes on passive income. Add in tax benefits from debt (buy another property or business) and depreciation, and you can reach 0% taxes pretty quickly.
The order slaves like you and I pay:
The order a business you control pays:
Books for Freedom
Rich Dad Poor Dad https://m.youtube.com/watch?v=wp7Lz1svVro
Rich Dad Poor Dad Cashflow Quadrant https://m.youtube.com/watch?v=grVD6e4NILw
The Richest Man in Babylon https://m.youtube.com/watch?v=wglndSWrvsM
Think and Grow Rich https://m.youtube.com/watch?v=ZUbfskQ-GAY
The Magic of Thinking Big https://m.youtube.com/watch?v=p13s38JW9ng
The 4-Hour Workweek https://m.youtube.com/watch?v=taCl3MLVSVU
Tax-Free Wealth https://www.youtube.com/watch?v=43GBsvmcRj4
"do something constructive" like what, fed? You're doing the same thing, whining online, not doing anything about it but blaming other patriots and Q. Why haven't you fixed this mess already? You've got all the answers. 🤡
You must be new here? I would say this community, as a whole, will be far more prepared than 99% if SHTF.