2min chapter

The WAN Show cover image

Where Will This End? - WAN Show November 25, 2022

The WAN Show

CHAPTER

Investing in a High Tax Rate

If I have a high tax rate spending half of my money paying taxes or hiring people, growing the size of my business,. Investing in it and ultimately making money like that by doing something productive. Now let's do it the other way. Let's say the tax rate is only 10%. So now I have that million dollars and I'm thinking, oh, I paid $100,000 in taxes. I got 900 grand. Well, that seems pretty good. I think I'll keep it. And that's what has created this climate where people are incentivized to simply hoard wealth like dragons because that 900 grand is very effectively deployed either in the markets or in, you know, resources

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