
Buy, Borrow & Die
The WealthAbility Show with Tom Wheelwright, CPA
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Is the New Tax Law Making W-2 Workers More Taxable?
New tax law makes wage slaves more taxable and asset owners less taxable. The more assets you have, actually the less tax you pay. Buy, B-U-Y, borrow, B-O-R-O-W, and then die, D-I-E. Each of those words relates to a feature of American income tax law that has been there for 100 years. It's the key to the really tax-free living of the very wealthy,. people from Warren Buffett to President Trump are using these principles.
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