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Why the Wealthy Are Perceived to Not Pay Their Fair Share of Taxes (and you don’t have to, either.) (Ep. 68)

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Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you ever feel that taxation is skewed against the average citizen? Or that wealthy people don’t pay their fair share?

It’s because they know how to use the tax code to their advantage!

In this episode, J. Barry Watts peels back the layers of the tax system and explains how to apply the tax code’s provisions to your benefit — just like the wealthy.

Barry discusses:

  • Why people don’t trust the government with their tax money
  • What it means to find the “red lights” and “green lights” in the tax code
  • Little-known tax-saving strategies (such as investing in rare earth minerals)
  • Additional examples of using the tax code to one’s advantage, such as segregated asset plans and the “Augusta Rule”
  • Questions you should be asking your CPA
  • And more

Connect With Barry Watts:

The post Why the Wealthy Are Perceived to Not Pay Their Fair Share of Taxes (and you don’t have to, either.) (Ep. 68) appeared first on Wealthcare.

  continue reading

68 episodes

Artwork
iconShare
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on September 10, 2024 12:01 (2M ago)

What now? This series will be checked again in the next hour. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 417070257 series 2935354
Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you ever feel that taxation is skewed against the average citizen? Or that wealthy people don’t pay their fair share?

It’s because they know how to use the tax code to their advantage!

In this episode, J. Barry Watts peels back the layers of the tax system and explains how to apply the tax code’s provisions to your benefit — just like the wealthy.

Barry discusses:

  • Why people don’t trust the government with their tax money
  • What it means to find the “red lights” and “green lights” in the tax code
  • Little-known tax-saving strategies (such as investing in rare earth minerals)
  • Additional examples of using the tax code to one’s advantage, such as segregated asset plans and the “Augusta Rule”
  • Questions you should be asking your CPA
  • And more

Connect With Barry Watts:

The post Why the Wealthy Are Perceived to Not Pay Their Fair Share of Taxes (and you don’t have to, either.) (Ep. 68) appeared first on Wealthcare.

  continue reading

68 episodes

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