The tax law is a tool the government uses to shape the economy and promote social, agricultural, and energy policy.
These people understand that the tax law in every developed country is now a series of incentives for entrepreneurs and investors. In the United States, over 95 percent of the tax code is intended not to raise taxes but rather to stimulate economic, agricultural and energy activities. In fact, the tax law is a map (or a code) to vast amounts of wealth. And the tax code doesn’t only show you how to reduce your taxes. If you follow the tax law carefully, you will discover that the secrets to amassing huge amounts of cash flow and wealth are found within its pages.
…the tax law is a map (or a code) to vast amounts of wealth. And the tax code doesn’t only show you how to reduce your taxes. If you follow the tax law carefully, you will discover that the secrets to amassing huge amounts of cash flow and wealth are found within its pages.
The reason is quite simple. The government wants the economy to grow. It wants you to invest in local energy production. It wants you to invest in local agriculture. And it wants you to invest in economic activities that provide housing and jobs for the people. All of this is contained within the tax law. When you understand the tax law of your country, you will understand what the government wants you to do with your money. And you will understand the fundamental principles for making large amounts of money.
| TAX TIP: | Include tax planning in your wealth strategy. Remember that it’s not just what you make that matters, it’s what you keep. When you keep taxes in mind as you invest, you end up keeping more money and make better investment decisions. |
Was the tax law written for the wealthy? Absolutely! The key to taking advantage of the tax law is to behave like one of the wealthy. Do those activities that the government wants you to do, and you will not only permanently reduce your taxes by 10 to 40 percent or more, you will also begin building more wealth and cash flow than you had ever imagined possible. Just look at how much faster a $10,000 investment grows without taxes.
| Year | Pay Tax | No Tax |
| Year | With 40% Tax @ 10%Return | Without Tax @ 10%Return |
| 1 | 10,616.77 | 11,047.13 |
| 2 | 11,271.59 | 12,203.90 |
| 3 | 11,966.80 | 13,481.81 |
| 4 | 12,704.89 | 14,893.54 |
| 5 | 13,488.50 | 16,453.08 |
| 6 | 14,320.44 | 18,175.94 |
| 7 | 15,203.69 | 20,079.20 |
| 8 | 16,141.42 | 22,181.75 |
| 9 | 17,136.99 | 24,504.47 |
| 10 | 18,193.96 | 27,070.41 |
| 11 | 19,316.13 | 29,905.04 |
| 12 | 20,507.50 | 33,036.48 |
| 13 | 21,772.36 | 36,495.84 |
| 14 | 23,115.23 | 40,317.43 |
| 15 | 24,540.93 | 44,539.19 |
| 16 | 26,054.56 | 49,203.03 |
| 17 | 27,661.55 | 54,355.23 |
| 18 | 29,367.65 | 60,046.93 |
| 19 | 31,178.99 | 66,334.63 |
| 20 | 33,102.04 | 73,280.73 |
| 21 | 35,143.70 | 80,954.18 |
| 22 | 37,311.29 | 89,431.14 |
| 23 | 39,612.57 | 98,795.75 |
| 24 | 42,055.78 | 109,140.96 |
| 25 | 44,649.69 | 120,569.45 |
| 26 | 47,403.59 | 133,194.64 |
| 27 | 50,327.34 | 147,141.86 |
| 28 | 53,431.42 | 162,549.54 |
| 29 | 56,726.95 | 179,570.60 |
| 30 | 60,225.75 | 198,373.99 |
The key lies in your facts. Your facts include your business activities, your investment activities, and your personal activities. They also include how you keep track of your activities. All taxes are based on your facts and circumstances. So if you want to change your tax, change your facts. It’s that simple.
This book is dedicated to teaching you how to change your facts so you can lower your tax. You will also learn the principles of building wealth. The facts you must change to reduce your tax will at the same time increase your income. Start behaving like the wealthy and soon you will become one of the wealthy for whom the tax law was written.
| Beware of Tax Preparers who: | |
| 1. | Promise they can lower your taxes and who are really tax cheats. |
| 2. | Focus on postponing or “deferring” taxes to a later year. Real tax planning is permanent so you never have to repay the taxes. |
So stop letting the IRS (the U.S. Internal Revenue Service), CRA (Canada Revenue Agency), HMRC (Her Majesty’s Revenue & Customs), or other government agencies steal your money. Don’t let them steal your time. It’s time to get out of prison. As you learn the truth about taxes, the truth will set you free. You will have the time and the money that you want so that you can live your dream of financial freedom, comfort, and security.
