Catherine Bell breaks down how to use tax code strategically to grow money instead of losing it to taxes. The U.S. tax code has 34,000 pages on reducing taxes versus 1,400 on paying them, showing the system rewards reinvestment over spending.
Chapters
want to plan for, yes, this profit is coming in and this profit needs to be allocated. We're going to offset the taxes and keep growing it. Right? So— Go ahead. I have one more thing I want to say is that here's what I love about this. One of the reasons I love this country, right, is because you make a profit and there's only 1,400 pages that are all about paying taxes. And then there's 34,000 that are about not paying taxes. Because they want you— they're literally giving you the opportunity to take what you grew and grow it into something bigger, right? And nobody talks about this rather than just like spending it and it's all gone, right? So when— I, I hope that you're— hope that you're getting this. Is this making sense? What I'm saying is that they want you to grow it and they incentivize you to grow it rather than just piss it away.