Rich Dad Radio Show: In-your-face Advice On Investing, Personal Finance, & Starting A Business
How the Rich Legally Reduce Taxes and Build Wealth
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:31:13
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Sinopse
Understanding how to legally reduce taxes can change the way you approach investing, business, and wealth building. Robert Kiyosaki and tax expert Tom Wheelwright explain why the tax code doesn't simply collect money—it also contains incentives designed to encourage specific economic activities. In this episode of The Rich Dad Radio Show, Robert sits down with his longtime tax advisor, educator, and mentor Tom Wheelwright, CPA, to challenge one of the most common assumptions about taxes: that earning more money automatically means you must pay more in taxes. Tom explains that governments use tax incentives to encourage activities they want to promote, including creating jobs, building businesses, producing energy, investing in housing, and developing other parts of the economy. Investors who understand those incentives can make different financial decisions than employees who primarily earn taxable wages. Robert and Tom use the CASHFLOW Quadrant to explain why employees, self-employed professionals, busine