You can benefit from Ben Franklin’s mistake...
You've probably heard the old saying from Benjamin Franklin, “In this world nothing can be said to be certain except death and taxes.”
This sentiment was echoed by Margaret Mitchell in her famous book Gone with the Wind, in 1936, “Death, taxes and childbirth! There's never any convenient time for any of them.”
Across the ages, everyone agrees that death and taxes must occur.
But HIGH taxes are not inevitable!
In his book A Voluntary Tax, Columbia Law Professor, George Cooper, explains that there are only two reasons to pay unnecessarily high taxes: 1) Taxpayer Indifference or 2) Poor Planning Advice.
Many of the very wealthy avoid taxes by working with someone skilled in income, capital gains, and estate tax reduction.
Pay your fair share… never more.
Tax evasion is illegal.
Tax avoidance is LEGAL.
Chief Justice Learned Hand wrote, “Anyone may so arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.”
Perhaps, ole’ Ben Franklin was wrong. Maybe taxes—at least high ones—aren't inevitable after all!
Take the time to find out if you are over-paying.
Retire Abundantly Quote
Don't simply retire from something; have something to retire to.
-Harry Emerson Fosdick
