How to Legally Pay Less Taxes

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Today’s Read

Overview

Tom Wheelwright’s Tax-Free Wealth is like having a CPA sit down with you over coffee and explain how to take control of your taxes—and your wealth.

At its core, the book teaches that the tax code isn’t out to get you. Instead, it’s a guide designed to reward behaviors that boost the economy.

Sounds surprising, right? Get the book here.

Taxes Aren’t the Enemy—They’re a Tool

Here’s the big idea: taxes aren’t penalties for success. Wheelwright says they’re incentives. Governments create tax breaks to encourage things they want to see, like:

  • Building businesses: Business owners create jobs and economic growth.

  • Investing in real estate: Housing is a big economic driver.

  • Using clean energy: Solar panels? Tax credits galore!

Think of the tax code as a game. If you know the rules, you can play smarter. As Wheelwright puts it, “The government wants you to do certain things, and it rewards you when you do them.”

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