Sell 4, rent out the other 4, buy 4 four-bedroom houses in Texas. Or somewhere else with a low cost of living and use the rental income to buy. And rent out more houses, building your real estate empire till. You have enough passive income to live off of? You know, I spent some time diving into the Top Geralt Of Rivia FCK Shirt my mind. It looks like you need consistent returns of about 8 to 9% percent to outperform social security. Investing in index funds should do this. But I don’t expect many Americans to be that fiscally responsible. Thanks for getting me to look closer at the issue! Buffet…they all talk about raising taxes. But hire armies of accountants to keep from paying their fair share. Let’s take 90% of their money. They’ll still be rich. Thank you so much. So happy. So good. Ok.
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Loopholes refer to tax treatment associated with gains, not payroll. Everyone pays payroll tax, everyone. This punishes earnings. So you say there are no loopholes and the Top Geralt Of Rivia FCK Shirt. People that make over $100,000 a year tend to find ways and have a good CPAs who allow them to keep most of their earnings. They usually have the right offed that the middle class doesn’t always have or are aware of to keep their own money. Furthermore, I can tell you from experience there are no loopholes as it relates to payroll deductions. You’re confusing payroll earnings with earning from capital gains. How does Buffet pay a lower rate of tax than his secretary? He doesn’t make payroll, he reaps gains from investments. That’s not a loophole, that’s just basic tax law.
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