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How The Rich Avoid Taxes Legally | Rich Dad Poor Dad | Chapter 4

Effortless English Podcast | Learn English with AJ Hoge

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The Tax Rate for Companies Is Much Less Than What You See in the Law

For a company, first you can buy the computer. The company makes ten thousand dollars, buys the computer, nine thousand, and then is taxed on what's left. Even if they have the same exact tax rate, which they don't usually, but even if they do, now it half be forty 500. That's only a very simple example of just one expense. But imagine all of these other expenses, travel expenses, you know, computer, sellphone, some of your meals,. On and on and on andOn and on. Makes a big, big difference. And this is why the actual tax rate for companies, for corporations, is actually much, much, much lesss

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