To retire from being a wage-slave has taken me 50 years.
Luckily throughout most of that time I enjoyed my job (as a PE and Art teacher). However, it still prevented me from following other passions in my life.
During my working life – I ended up paying more than 33% of all my earnings in (immoral and illegal) Income Tax!
Module - 12
THE IMPORTANCE OF AVOIDING TAX
That's the equivalent of nearly 17 years of working for the sole benefit of people who are already mega, mega rich!
Read the book 'Making Money Mindset' (if you haven't already done) and you will know who I'm talking about!
Read the book 'Making Money Mindset' (if you haven't already done) and you will know who I'm talking about!
Now, I know that you cannot avoid (corrupt) Income Tax – however, if you are making most of your money Online – you can hide some of your earnings.
This alone will bring your Financial Freedom closer.
Blockchain crypto currencies, like BTC - and most of the others, have been introduced to make the transfer of money much quicker, and more private. EVERY transfer and payment you make via your bank account is recorded. Very often nowadays you even have to obtain permission from the bank to transfer your OWN money - or make a payment. As soon as it hits your account your money becomes controlled by others.
Of course, it is in the bank's interest to make sure you pay your income tax, after all it is the banks who ultimately recieve ALL income tax as the interest payments on the loans they make to governments. Do you think you your bank will allow you to forego paying your full income tax. The best way you can avoid paying income tax is by using your bank as little as possible, and using crypto-currencies instead.
Of course, the bankers, through their 'puppet' governments, control and manipulate the crypto-currency markets as much as they can. However, using most crypto-currencies gives you a higher degree of privacy and control over your own money than using a bank.
Of course, it is in the bank's interest to make sure you pay your income tax, after all it is the banks who ultimately recieve ALL income tax as the interest payments on the loans they make to governments. Do you think you your bank will allow you to forego paying your full income tax. The best way you can avoid paying income tax is by using your bank as little as possible, and using crypto-currencies instead.
Of course, the bankers, through their 'puppet' governments, control and manipulate the crypto-currency markets as much as they can. However, using most crypto-currencies gives you a higher degree of privacy and control over your own money than using a bank.
In recent times the crypto market (as have all other markets) has taken a huge hit. It has been deliberately manipulated down to ensure crypto-currency holders and investers lose money and faith in crypto. However, this desperate and costly action by the bankers cannot be sustained - and many crypto-currencies will eventually bounce back. There are many things happening in the world behind the scenes, and there are people in high places fighting back against the banker's complete control over money.
Currently filling in 'income tax' forms - and paying a high percentage of all your earnings to the already mega rich bankers, who have control over ALL financial markets, is mandatory by 'law'. However, the 'law' is technically illegal, it is certainly immoral, and ALL income tax should be
(it actually is) voluntary.
I am not going to go into any detail here about tax avoidance... for obvious reasons.
Whatever you do yourself about this corrupt-to-the-core transfer of wealth from the relatively poor to the mega, mega-wealthy is entirely up to you.
And whatever you do, any loop-holes you may find, will be closed eventually. The mega wealthy can afford to pay as much as they need to, to employ people to protect their income tax racket
Whatever you do yourself about this corrupt-to-the-core transfer of wealth from the relatively poor to the mega, mega-wealthy is entirely up to you.
And whatever you do, any loop-holes you may find, will be closed eventually. The mega wealthy can afford to pay as much as they need to, to employ people to protect their income tax racket
However, whatever you CAN do, will help...everyone!
I completely believe that in the longer term the banker's control of the financial markets WILL begin to wane, and eventually there will be a radical new financial system. One that is fair for EVERYONE - and one that will NOT include the payment of income taxes.
Meanwhile ... make use of the deliberately created volitility of the crypto markets to earn potentially tax-free money.
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gb@geoffbarra-wellbeing.info
geoffbarra.wellbeing@gmail.com