Why Wealthy People Pay Less Taxes Legally

Patrick Bet-David sits down with Tom Wheelwright, CPA, author of Tax-Free Wealth, professor. Wheelwright sees taxes as a “burden” and knows how to navigate the 6,000 pages of tax law. In this interview, they discuss the history of taxes (income taxes always intended to be temporary) and how governments use taxes to incentivize behavior.

Wheelwright said, “When people say the rich don’t pay a lot of tax, they kind of imply that they’re cheating. But what I find is that they just have better tax advice.”

To learn more about the implications for your business and society, watch the full interview!

Check out his book “Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes” : https://amzn.to/3wQCDN7

Recommended video:
– The Best Tax Lesson for Entrepreneurs by Economist Arthur Laffer: https://youtu.be/k_8LrE8jDb0
– Reaction To Biden’s Proposed Tax Hikes: https://youtu.be/PBkrsTjkCOs

Check out his website: https://bit.ly/3fVZeBa

About guest: Tom Wheelwright, CPA is the visionary and best-selling author behind multiple companies that specializing in wealth and tax strategy. Tom is also a leading expert and published author on partnerships and corporation tax strategies, a well-known platform speaker and a wealth education innovator.

Music selection used through agreement with Epidemic Sound http://bit.ly/2B8DxK1

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Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs.

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