Have You Ever Felt More Aggravated

You cannot pick up a paper or watch TV, without seeing another story about budget deficits, cuts in spending, and the worst news of all:

More Increases To Your Taxes!

Yet, the answer government always seem to come up with to the economic mess we're in, is to take more of our hard earned dollars.

We all know this is still the greatest place on the planet to live and work. As messed up as we are, there is no other country that can compare with the opportunities we have. And that's why it feels so bad when we see our incentives to earn, save and invest being taken away

I remember things I learned as a kid. They were in my history book. They were from a time in our past. When the public took a stand. When they'd had enough. When they realized that the powers that be were interested in a different agenda. One of endless, unfair taxation. From which a famous slogan was derived:

Taxation Without Representation!

Think about it. This was the rallying cry that our nation was formed on! Yet…we have somehow let ourselves fall back into a situation where we once again have tax monsters that are thrust upon us without or agreement or consent! It is truly taxation without representation.

For example, let's look at the list of taxes we all have to pay:

1. Federal income and estate taxes.
2. State income taxes.
3. Local income taxes.
4. Sales taxes.
5. Real estate property taxes.
6. Personal property taxes.
7. Ad valorem taxes.
8. Gasoline taxes.
9. Import duty taxes.
10. Sin taxes. (Cigarettes, booze, etc.)
11. Travel taxes. (Hotel, airline, etc.)
12. Excise taxes.
13. Highway taxes.

And on and on and on.

Not only does the list of taxes keep getting bigger, the rates keep getting bigger as well.

Any time a governmental body finds themselves in a fix due to mismanagement, their answer is always the same:

Raise Taxes!

After all, they won't notice. We need the tax revenue to keep things going. Everybody has to pay their fair share!

Right. Give me a break. Let's talk about paying your "fair share."

Is it fair that huge corporations get special mention in tax laws to reduce their burden?

Is it fair that giant developers get tax breaks to build their buildings?

Is it fair that by creating new jobs, employers get to pay more payroll taxes?

Is it fair that lower income earners pay a much higher percentage of their income in "flat" taxes?

Is it fair that the top 10% of earners pay over 50% of all income taxes?

Is any of this fair? No, it sure isn't.

But, then, my dad always told me that life wasn't fair.

That I would have to learn how to become "street smart" and find the best way to live my life. On my own.

The world doesn't care about your own personal situation. You won't get any medals for being successful. And you won't get yelled at for failing.

All you will get is whatever you make your life. On your own.

And what we are really talking about here is one of the most powerful notions of our lives.

A word that is so important, yet one that often seems to elude us.

What am I talking about?

Control!

Or, in other words, the power to determine your own destiny.

Control. An emotion that we all want. That we all need.

You see, the lack of control makes us feel like we cannot guide our lives the way we want to. Not being in control is scary. It is disturbing. It can be very disappointing.

There are so many areas of our life where we do not have much, if any, control.

Which can cause us to feel a loss of peace of mind.
For isn't being in control, really the foundation of happiness and peace?

When you know you can steer your life in the direction you want, don't you enjoy each day a little more? Don't you sleep better at night? Don't you love your family just a little more?

Sure you do. That is why we all strive to work so hard. To gain more control.

And yes, having more money does provide more control.

As the old saying goes, "Money cannot buy happiness, but it can sure rent it for a while!"

And paying less in taxes, puts more money in our pockets, which puts more control in our lives!

Yet, when you look at the long list of taxes we all have to pay, I want you to notice an interesting fact:

Of all the taxes we are stuck with, only a couple of types are really controllable!

Most of the items on the list are either built into the prices of things we pay, or applied as a percentage of the value of something.

If you want to buy some beer, you will pay the sin and sales taxes, without any option to get around them.

If you want to go on a trip, you will pay the airline and hotel taxes, with zero say in the matter.

And so on.

There are a couple of interesting exceptions to this "pay without choice" rule. As a matter of fact, these exceptions are so big, that the fact they even exist is truly amazing.

What am I talking about? How about some of the biggest taxes you have to pay both during and after your life?

Yes, Federal income and estate taxes!

Let's look at a little bit of background here before I get to the specific methods of reducing these taxes.

As you probably know, these taxes have been around for a long time. And the way we are taxed on them keeps changing like the weather.

You see, originally, they were established to increase revenue to the US Treasury across the board. But, then, they were manipulated to encourage (or discourage) certain behaviors. For example, builders want us to buy houses, and eventually the Congress put a tax break in the code for deducting the interest we pay on a mortgage.

And so on. Congress uses the taxation of our income and estates as a "carrot and stick" to direct our financial lives. In the seventies, during the recession, they added a tax credit for hiring new employees. They increased the tax savings for businesses who buy new equipment. Etc., etc.
So, since they use these taxes to push us one way or another, a very interesting result has been created:

Income And Estate Taxes Can Be Significantly Raised Or Lowered By The Way You Arrange Your Financial Affairs!

Think about that. It is incredible. You can literally decide how much in estate and income taxes you pay, based on decisions you make with your money! And, you can do this 100% legally! (Make sure you understand that all we’re suggesting is following the tax laws as they are written! We NEVER suggest or advocate that you do anything that isn’t 100% legal!)

There isn't any other area of taxation that allows you such flexibility. Or that can cause you so much grief, if you set yourself up wrong.

And, yes, you can set yourself up the right way, much easier than you think.

But, first, let's define the "right way."

Well, my definition of "the right way" is paying the least amount of taxes of anybody you know in the same income bracket!

Yes, that's right, two families can have the exact same income, and one can pay way less in taxes. A lot less. Let me give you an example:

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Stay tuned for the rest of the story....

All the best

Billy Alvaro

http://www.savemonthly.com/

"Give me one hour and I'll work

a financial miracle in your life"

1-800-793-5015 x 103


© 2002 Billy AlvaroDISCLAIMER – NOTHING IN THIS REPORT IS TO BE SUBSTITUTED OR TO BE CONSTRUED AS FINANCIAL, LEGAL, OR ACCOUNTING ADVICE, OR ADVICE OF ANY KIND. THE INFORMATION CONTAINED HEREIN IS SOLELY INTENDED TO BE INFORMATIONAL, AND NOT TO BE CONSTRUED AS ADVICE OF ANY KIND. THE READER ASSUMES ALL RESPONSIBILITY FOR ANY FINANCIAL, LEGAL OR ACCOUNTING ACTIONS THEY TAKE, AND UNDERSTAND THAT THE READER MUST CONSULT WITH THE APPROPRIATE PROFESSIONALS BEFORE TAKING ANY ACTIONS REGARDING THEIR FINANCIAL, LEGAL OR ACCOUNTING SITUATION. THE READER HOLDS THE AUTHOR, PUBLISHER, OR ANY DISTRIBUTORS OF THIS REPORT HARMLESS FROM ANY CONSEQUENCES THAT RESULT FROM ANY FINANCIAL, LEGAL OR ACCOUNTING ACTIONS THE READER TAKES UNDER ANY AND ALL CIRCUMSTANCES.