TOPIC: Tax Theory...
Posted: 4/15/2019, 4:13 a.m. EDT
So, we've all heard the smart people say that perfection is not having
to pay the government any money when you file your taxes. They
also say that you should only have enough taxes deducted from your
paycheck, so you don't get a bunch of money back when you file your taxes.
The theory is that if you give your favorite uncle
too much cash up front, you're just giving him money you could be
putting in the bank. This theory is fundamentally flawed of course
because it assumes that money in the bank earns enough interest to make
it worthwhile. As I see it, the best way to deal with income taxes
is just not pay them. Later, you can hire a law firm to negotiate
with the IRS to pay back just 25% of what you owe. If you then
negotiate with the lawyers to only take half of what you've saved, it's
what we call a win-win.
is 23 today
April 15, 1996
American Beauty Guru & YouTube Star
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