Legal Loophole To Avoid Paying Your State And Federal Taxes
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There is a lot of controversy with regards to Jeff Bezos of Amazon not paying taxes. Especially since Jeff Bezos is currently listed as the world's richest billionaire with $204 billion dollars. He is not the richest person alive because there are those with family wealth that is estimated to be in the trillions of dollars but that is a topic for another day.
Miami-based entrepreneur, Grant Cardone, had a large tax bill due. However, instead of paying it to Uncle Sam, there are legal loopholes that allowed him to buy a $50 million dollar jet instead of paying it to the government.
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When you run a company like Amazon, you become a target. It is an easily recognizable company and therefore under greater scrutiny from the public. There are plenty of other CEOs and companies who do not pay taxes, but there is much less attention paid to them.
Back in the 1900s, the Getty’s, Rockefellers, and Morgan’s, because of their immense wealth, people were trying to shut them down too. They were targets. How did they build their wealth and keep it? We weren't born knowing how to walk, talk, or drive a car, were you? These are all skills we learned to grow and develop as an individual. Understanding how to use money, effectively, is just like any other skill. We learn them when we need them. Are you ready to learn these skills now?
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As the article entitled, “Learning to Live”, at AlphaLifestyleAcademy.com explains, most people would rather escape their problems rather than trying to find solutions to their problems. In finding solutions, you are developing problem-solving skills that will serve you for a lifetime. You will feel empowered to change your life.
The average millionaire spends 60 minutes each day educating themselves on business and financial matters. Learning about relevant topics in whatever area of your life you want to be more informed in, helps to develop your money-management skills. No matter how much money you have, you can learn to make it work for you. So how will you spend your 60 minutes? Will you sit in front of the TV watching trying to escape your problems or will you develop the skills to best utilize your money to work for you? Consider expanding your knowledge on not only money, but your health, or relationships.
From the day you are born until the day you die, you are going to need to develop and understand how to effectively use your money. Since money impacts so many areas of your life, isn't investing your time to get a handle on it a wise choice?
You spend more money on taxes, interest rates from debt, and financial loss which is money that you are entitled to but are unaware that you had. Then any other expense out there.
So, who makes these laws? Politicians! Do they make these laws to benefit you or themselves? Themselves! However, we can use these exact same laws to benefit yourselves and provide for our families. In order for these laws to be passed there has to be some legitimacy to them to give congress a motive to turn these decisions into law. This is where financial education comes into play. You don't need a college education to do this. You need to be motivated to do so.
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Since these politicians make the laws, they know the laws, and can thus take advantage of them. Congress has written a series of legal loopholes that will allow you to legally not have to pay your state and federal taxes.
I have business mentors, money mentors, people who are helping me tap into legal loopholes of the rich to eliminate my federal and state income tax. I have mentors that help me with my health and fitness goals as well. It is a strength to ask for help and take it. Where will you get the support and help you need? We can do this with you at Alpha Lifestyle Academy if you are willing to learn and grow.
If you are in the Los Angeles area I want to introduce you to Paz Taxes who can help you take advantage of these legal loopholes and avoid paying your state and federal taxes at PAZTAXES.COM
If you are outside of the area we have provided you some additional resources at the bottom of the page with some tax professionals who can help you get the same results for yourself.
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