「A Status Taxes - Part 1」の版間の差分
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2025年3月4日 (火) 16:55時点における最新版
Tax, it is not a dirty four letter word, however for many of us its connotations are far worse than any bane. It's been found that high tax rates generally relate to outstanding social services and standards of just living. Developed countries, that tax rate exceeds 40%, usually have free health care, free education, systems to manage the elderly and an advanced life expectancy than having lower tax rates.
Contributing a deductible $1,000 will lower the taxable income among the $30,000 12 months person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For that $100,000 each and every year person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost double the amount of!
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In our software company there are two ways to build wealth and of which may be transfer pricing through intellectual property and maintenance legal contracts. These two things used together will build a consultant that could be sold for 2-4X earning potential. Now to foster that investment with leverage, I take advantage of the "Infinite Banking Concept" to lend money for the business through "my own bank." The money corporation pays me comes back as investment income as a result lower taxes. The new revenue the additional maintenance contracts bring foster new legal contracts. The next step through using use "good debt" to leverage our coverage and buy more maintenance contract revenue with our software principle.
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