3min chapter

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569: Rich Dad's CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright

BiggerPockets Real Estate Podcast

CHAPTER

Taxes Are Incentives, Not Loopholes

Bob Greene says tax loopholes are an unintended consequence of government policies. He argues that incentives should be used to encourage people to do what the government wants them to do, rather than looking for 'loopholes' Inventors can take advantage of home mortgage interest deductions and state income taxes in states such as California where they're constantly talking about raising rates.

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