How to Not Pay Your Taxes
5 hours ago
- #tax deferral
- #investment strategies
- #financial planning
- Defer US taxes by reinvesting taxable income into business expenses and depreciating assets.
- Leveraged investments allow paying yourself with refinanced cash when investments appreciate or credit rates drop.
- The US tax code rewards entrepreneurial activities that grow the economy, allowing tax deferral on reinvested surplus.
- Depreciation spreads business expenses over time, minimizing taxable income annually.
- Cost segregation studies can reclassify property components to accelerate depreciation deductions.
- Refinancing allows siphoning loaned wealth without affecting taxable income.
- Death eliminates deferred tax obligations, with heirs inheriting assets at market value.
- Modern Monetary Theory views taxes as a method to pull dollars out of circulation.
- The impact of financial decisions extends beyond one's lifetime, influencing society in various ways.