Comments on: Why Social Security and Medicare Taxes are “Ignorance Taxes” http://www.lifestylesunlimited.com/why_social_security_and_medicare_taxes_are_ignorance_taxes/ The Education and Mentor Group for Real Estate Investing Wed, 25 Apr 2012 19:34:45 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Tax Guy http://www.lifestylesunlimited.com/why_social_security_and_medicare_taxes_are_ignorance_taxes/#comment-102 Tax Guy Mon, 23 Nov 2009 03:33:33 +0000 http://www.lifestylesunlimited.com/?p=1853#comment-102 I've been involved in taxes for longer then I care to acknowledge, both on the private side (all my employed life history!!) and from a legal point of view since passing the bar and pursuing tax law. I've put up a lot of advice and rectified a lot of wrongs, and I must say that what you've posted makes impeccable sense. Please uphold the good work - the more individuals know the better they'll be outfitted to handle with the tax man, and that's what it's all about. I’ve been involved in taxes for longer then I care to acknowledge, both on the private side (all my employed life history!!) and from a legal point of view since passing the bar and pursuing tax law. I’ve put up a lot of advice and rectified a lot of wrongs, and I must say that what you’ve posted makes impeccable sense. Please uphold the good work – the more individuals know the better they’ll be outfitted to handle with the tax man, and that’s what it’s all about.

]]> By: Robert Martinez http://www.lifestylesunlimited.com/why_social_security_and_medicare_taxes_are_ignorance_taxes/#comment-101 Robert Martinez Tue, 28 Jul 2009 05:38:32 +0000 http://www.lifestylesunlimited.com/?p=1853#comment-101 I love Del's "No Holds Barred" method of teaching. It was probably the only way to get me to listen when I first heard him. He is however absolutely correct. I joined LU 2.5 yrs ago and now own a piece of a 854 unit portfolio. I make more money than I have ever made in my life and I pay the least amount in taxes I have ever paid. Real Estate investing has definitely changed my life. I hope you make the same decision I made and join this wonderful organization. Good luck! I love Del’s “No Holds Barred” method of teaching. It was probably the only way to get me to listen when I first heard him.

He is however absolutely correct. I joined LU 2.5 yrs ago and now own a piece of a 854 unit portfolio. I make more money than I have ever made in my life and I pay the least amount in taxes I have ever paid.

Real Estate investing has definitely changed my life.

I hope you make the same decision I made and join this wonderful organization.

Good luck!

]]> By: Chris Robinson - Lifestyles Mentor http://www.lifestylesunlimited.com/why_social_security_and_medicare_taxes_are_ignorance_taxes/#comment-100 Chris Robinson - Lifestyles Mentor Wed, 22 Apr 2009 15:44:55 +0000 http://www.lifestylesunlimited.com/?p=1853#comment-100 I love this concept! It took me a long time to realize what was going on with these taxes and that the government was taxing me cuz they though I was too ignorant to take care of myself in my retirement years. The bad thing was that they were right. I had been programed to go to college, get a high paying job, work my butt off through the good years of my life and then retire and try live off of Social Security and anything that I might have left in my 401K's. This of course would put me with the other 90% of people in the US that retire at or below the poverty income level. This is of course assuming that the Social Security program would not be bankrupt by the time I retired, which it appears that it may be if something does not change. Once I took the time to sit down and take a hard look at where my earnings were really going and how much was getting taken out for these ignorance taxes, I was fighting mad and felt lost at the same time. I knew that it was stupid to work my butt off just to have 50% of my income go to taxes, but I did not know how to prevent paying these taxes (short of committing tax fraud). After my many years of research and investing in Real Estate, I now understand how the rich get away with LEGALLY not paying taxes. The world is a beautiful place when you come to understand these concepts and when you learn to build wealth exponentially faster than you ever could by working a job for 15+ days out of the month just to give your money to the government. Thanks Del. Chris R. I love this concept!

It took me a long time to realize what was going on with these taxes and that the government was taxing me cuz they though I was too ignorant to take care of myself in my retirement years. The bad thing was that they were right. I had been programed to go to college, get a high paying job, work my butt off through the good years of my life and then retire and try live off of Social Security and anything that I might have left in my 401K’s. This of course would put me with the other 90% of people in the US that retire at or below the poverty income level. This is of course assuming that the Social Security program would not be bankrupt by the time I retired, which it appears that it may be if something does not change.

Once I took the time to sit down and take a hard look at where my earnings were really going and how much was getting taken out for these ignorance taxes, I was fighting mad and felt lost at the same time. I knew that it was stupid to work my butt off just to have 50% of my income go to taxes, but I did not know how to prevent paying these taxes (short of committing tax fraud).

After my many years of research and investing in Real Estate, I now understand how the rich get away with LEGALLY not paying taxes.

The world is a beautiful place when you come to understand these concepts and when you learn to build wealth exponentially faster than you ever could by working a job for 15+ days out of the month just to give your money to the government.

Thanks Del.
Chris R.

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