In this week’s Hidden Wealth Review, I teach that the government is looking for ways to increase taxes on high wage earners and the “wealthy”. Now even the Trump Administration is calling for higher taxes. Just this week, Steve Bannon, The White House Chief Strategist, spoke of the need for higher taxes. This is due to the government’s tax dependence.
The government is tax dependent because 10,000 people are retiring every day, reducing the number of active wage earners. Active wage earners typically pay most of the income taxes in this country. So, with the number of wage earners going down every day, it’s not a matter of if, but a matter of when, taxes will rise. I want to teach you how to control for those things that are predictable and taxes are very predictable. Taxes are as predictable in legally being avoided as they are in being paid.
This week, I met with a client and taught them how to get 90% of the money out of their tax-deferred IRA, untaxed! How much of a return you can earn is completely unpredictable. How much tax you can eliminate is predictable. Eliminating 20% to 40% in unnecessary taxes indirectly improves your income by roughly 20% to 40%.
Another client was facing huge capital gains exposure from a greatly appreciated real estate asset. Fortunately, we were able to teach him how to eliminate all the capital gains tax from the sale of this asset. We saved this client thousands of dollars in capital gains tax!
The third area where you can predictably eliminate taxes is on your earned income. If you’re self-employed, we can teach you how to reduce your taxable income by $20,000 to $30,000 or more per year.
This coming Tuesday, I will be teaching my Tax Independence Webinar. To register for this no-cost, no-obligation educational event, go to www.RetirementProtected.com, enter the required information and submit your registration. Once you submit your information, you will receive an email containing a personal link to join Thursday’s event. Spouses are encouraged to attend this event together.
When you register and attend the webinar, you’ll receive an e-copy of my latest book, The Baby Boomer Retirement Breakthrough. This book teaches you the top five retirement risks and the unique solutions you can use to avoid them.
(855) No Tax 2 U
Here’s to your Hidden Wealth,