The Mind Money Spectrum Podcast

#37. How to get rich and never pay a dollar in taxes.

Aaron Agte and Trishul Patel Season 1 Episode 37

In this episode, Aaron and Trishul discuss all the different types of taxes in the United States and their impact on income inequality. They discuss regressive consumption taxes, progressive income taxes, and how taxes are lower for businesses and the wealthy. They also examine the difference between marginal tax rates and effective tax rates. Do you know all the ways that corporations and their owners avoid paying taxes? Maybe our society has collectively decided that this is acceptable? Or perhaps its the maximum marginal brackets on corporations and individuals that affect public perception, when it is, in fact, our tax system that hinders income earners while helping the wealthy.

Episode References

MMS #14. These key innovations will change everything.
MMS #27. Can a UBI really pay for itself?
Federal Income Tax Calculator
Piketty’s Inequality Story in Six Charts
Sin Taxes Punish the Poor
Sin Tax Examples
2019 Tax Brackets
Capital Gains Tax Rates
A 95 Year History of the Maximum Capital Gains Tax Rate
How to Borrow for Free
Zuckerberg's 1% Mortgage
Accounting Tricks
Apple Wins EU Court Battle Over Unpaid Irish Tax Bill
What Is a Tax Haven?
What is a Wealth Tax?

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.

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