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Income tax is optional if you know the rules from "summary" of Tax-free Wealth by Tom Wheelwright
Understanding the tax laws can make all the difference when it comes to whether you owe income tax or not. Many people are under the impression that income tax is mandatory, but the truth is that it is optional for those who know the rules. The tax laws are designed to provide incentives for certain behaviors, such as starting a business or investing in real estate. By taking advantage of these incentives, you can legally minimize or eliminate your income tax liability. The key is to educate yourself on the tax laws and work with a tax advisor who understands how to apply them to your specific situation. By structuring your affairs in a tax-efficient ma...
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