Tax Planning Is So Important, Isn't It?

The most common example of this is to try to shift income from a from high tax rate parents to low tax rate children. If we can get rid of or at least get rid of 18 cents worth of the government out of this transaction, that's a powerful wealth building tool. It's far more powerful than eking out an extra per centage rate, or an extra hundred basis points from our investment returns. But those aren't technically equivalent. The additional interest percentage point of investment income is very important.