E111: Astonishing Reasons Why You Should NOT Defer Taxes
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we discuss the reasons why you should not be deferring taxes into the future due to the current tax and political environment. We also share how you can avoid paying too much in tax to the Internal Revenue Service.
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Topics Discussed:
- The implications of a changing political climate and party control
- How to determine the probability taxes will go up or down
- A brief history of taxation in the United States
- The best perspective to adopt for thinking about the future of taxes to save you later wallet burn
- What may happen to your contributes in conventional IRAs and the like
Episode Resources:
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* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/