Ramit Sethi gives concise tax advice: use tax-advantaged accounts (SEP IRA, 401(k), Roth IRA) to minimize taxes, then move on. He also states a personal stance as a high earner: he is happy to pay taxes, believes taxes on people like him should increase, and frames higher taxes as funding basic needs for others.
Let me tell you about taxes. The best way for an average person to minimize their taxes is to take advantage of all their tax advantaged accounts. You have a SEP IRA, most people have a 401k Roth IRA, etc. And you know what you do after that? Get on with your life. People are obsessed with taxes. I'm happy to pay my taxes. You know what it means that I made a lot of money. So that's why you live in New York, I live in California. Whatever. I can afford it. And in fact taxes on guys like me should go up. And that pays for people to be able to afford food for their kids.
