“The category for today’s final round of Jeopardy is “Biggest Ever.
“And the clue is taxes. Taxes”
Dooh doo dooh doooh dooh doo doohDooh doo dooh doooh dooh doo dududududu
“Alright Katherine, you’re in 3rd place, so we’ll start with you.
You wrote “What is your biggest expense”! That’s absolutely correct, congratulations! And with your
$26,000 wager, you’ve won and are going home with $56,000!”
That’s right folks. You will spend more on taxes over your lifetime than any other expense.
More than food.
More than your mortgage.
More than even your children.
Just add it up:
Federal tax rate: 22% California taxes: 9%Capital Gains: 15%Payroll taxes: 7.5%Sales tax: 7.25%
And none of that includes the taxes you pay on what you already own – property taxes.
So this week, I’ll show you everything you can do to reduce your taxes as much as possible.
I’ll give you every trick in the book and most of them are things you can do immediately.
