Taxes are a necessary evil in our society, and for many it seems natural to grouse about having to pay a large percentage of our earnings to the government while those who have more money seem to be bearing less of the burden than they ought. It's certainly disheartening that it works this way-- as the fortunate shirk their obligations through legal loopholes, the rest have to pick up their slack. It's frustrating and unfair, and there's no question that many of the complaints against the upper class are quite legitimate.
Complaining of unfairness, though, changes nothing. The truth of the matter is that if you have money, you get to set the rules of the game to your advantage. If not, you're basically out of luck. Our society has worked in this way for many years, and you're fooling yourself if you expect it to change anytime soon. The rich will continue making more more and more money, going to fancy restaurants, and living in huge houses, as everyone else struggles to make ends meet. And what about the politicians in charge? They're rich too, and many of them are pleased as punch to watch their wealthy buddies dodge their tax obligations.
Because this is the way our society works, you can either sit and feel sorry for yourself or you can take steps better your situation. The truth of the matter is that, if you know the secrets of the rich, you can get these same tax benefits that the rich enjoy.
Robert Kiyosaki, who authored the rich Dad, Poor Dad series, has this advice for those who would like to join the ranks of the wealthy: look at what the wealth are doing, and do that! What did the rich do to make their fortunes, and how do they continue amassing more and more money? The answer's simple: they invest.
In his book "Cash Flow Quadrant," Kiyosaki says "One of the reasons I chose to work predominantly in the B and I quadrants are the tax advantages," The aforementioned "quadrant" is an invention of "Rich Dad," a diagram consisting on a square divided into quarters, each representing the different ways in which different people relate to money. It's an unavoidable fact that an individual's personal philosophy and perspective on the world will affect the way in which he or she behaves with money, and this behavior will,, in turn, decide his or her ultimate financial success or failure.
In Robert Kiyosaki's opinion, the most money is in the business and investment quadrants, largely because these quadrants allow individuals to take advantage of more tax breaks.
You know the saying, "If you can't beat 'em, join 'em." That is good advice, especially if the guys you want to beat are the rich. It's actually great news that they are getting so many tax breaks. That means that, when you become one of them, you will get those same tax breaks, IF you know how.
The path to riches is actually very simple; all you've got to do is start investing, or join the 'I' quadrant. If you have a high-paying job, you may be able to do this without leaving the 'E' (employee) or 'S' (self-employed) quadrants, but Robert Kiyosaki advises that you move into the 'B' or business quadrant, devising a system that will make you money regardless of whether you are putting time into it or not.
So, invest-- invest in apartments, condos, vacation homes, whatever suits your fancy. This is the true, time-tested road to wealth.