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Old March 10th, 2006 #6
Antiochus Epiphanes
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Join Date: Dec 2003
Location: flyover
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Quote:
Originally Posted by Angle
I saw this book on Amazon, which I've seen before but not read. What do people think? It seems to revolve around the idea that work = taxes, but assets are the key to wealth. Naturally, this is capitalistic as hell and depends upon the natural division of man into sucker and smart.


http://www.amazon.com/gp/product/044...Fencoding=UTF8

One thing that struck me was the blurb - 'This book will ... challenge your belief that your house is an asset.' Controversial!
there are definitely some good nuggets in that book. like that self-employed individuals should use corporations to minimize payroll taxes. that's a basic small business strategy but most people who are not CPAs or business lawyers dont know about it.