A full-time salesman explains why higher W-2 income means bigger tax bills, and describes how he and his wife use side businesses to reduce what they owe. He argues this is a good problem to have if you're earning enough to care about taxes.
The more you start to earn as a W-2 employee, the more you realize how much of your money goes to paying taxes. So here are a few businesses my wife and I started over the years while I was a full-time salesperson to help reduce our tax burden. Now, if you're not earning enough to be concerned about your tax burden as a full-time salesperson, you might want to send me a message so we can start to elevate your skills, cuz those are the good problems to have.
