Most U.S. Corporations Pay No Taxes : Pay Your Fair Share with Your Tax-Free IRS S 408 Account
2/3 of corporations pay NO tax; the wealthy pay under 18%; some buy yachts with tax money Two thirds of all corporations pay NO tax 25 actually got back $364 billion from our taxes The wealthy pay as little as 13% total tax Accumulate $1,000,000 with NO taxes-EVER Most corporations pay $0 taxes, yet the Supremes decided they can spend $ billions to influence elections because they have Constitutional "free speech" rights like real people. Many obtain government contracts by lobbying our "representatives" with "speech." GE actually got a tax benefit of 4.1 billion to cover taxes for years. abcnews.go.com/ We will have to make up the loss of tax revenue and pay refunds of $364 Billion to these same firms. Most rich people pay less than 18% total tax. Warren Buffett pays only 17%, Mitt Romney pays less than 15% and John Kerry, the winner, pays only 13% of income. We middle-class Americans pay over 35%--mostly payroll taxes: we don't even have a chance to pay less because our employer acts as agent for Uncle Sam. We pay FICA, Medicare, state, federal, unemployment, disability, family leave, health and our own pensions too. We need to get smart about taxes and use the IRS code to our benefit. We can avoid taxes on the growth of our tax-FREE IRS account AND the withdrawals from it. It costs nothing to set up this account. The IRS rules to maintain it are easy to follow. We don't need a lawyer and we don't need a foreign subsidiary either. Avoid taxes using the IRS code just like corporations do!
- Paperback | 210 pages
- 152.4 x 228.6 x 12.19mm | 376.48g
- 10 Jun 2015
- United States
- black & white illustrations
About Dan Keppel Mba
Dan Keppel has been helping people find financial services that fit their lifestyles since working in a securities firm, an insurer, two banks and his own "money coach" service. His book, The Insiders' Guides to Buying Discount Financial Services: Buy Direct and Save $3,000 Every Year, shows you how, what and where to buy financial products like industry insiders do-directly from the highest rated companies for less. He edits TheInsidersGuides.com and was an adjunct at a local college. He lives in Montclair, NJ with his wife, daughter and two cats, Anu and Katze.