Hello everyone, I am the sweeping monk! Many people can’t understand why I have to pay taxes on part of my hard-earned money ? And for example, when you earned $10,000 in the past, you only had to pay 5% tax, which was $500! But when you get a promotion and a salary increase, and your salary rises to 11,000 yuan , you have to pay 12% tax, which is a tax of 1,320 yuan! Obviously your income has increased by 10% and your workload has also increased by 50% , but your real income after tax has not increased at all! Not only that, when you want to settle down and buy a house, you have to take part of your savings and pay a heavy tax at one time! In some places, when you go shopping or consuming, you still have to pay taxes! Even if you throw away garbage, you have to pay tax! Even if you die and leave your inheritance to your descendants, you still have to pay taxes! Then you will find that although the law stipulates that if you do not pay taxes, you will be arrested and put in jail! But there are two types of people in this world who don’t pay much tax! One type is called the poorest people without income but they are not really the poorest people! Because they can live on government assistance and then in order to evade taxes, they take jobs that only accept cash. For example, workers at many construction sites in the United States set up street vendors, caterers, farmers, or now some freelancers, etc. Although Countless people all over the world do this , but in fact tax concealment and tax evasion are both illegal! The other type of people are wealthy people with financial intelligence. The most obvious ones are Buffett and Trump. They have made countless billions of dollars but they pay less taxes than their secretaries! So why does the government allow these two types of people to pay less taxes? In fact, it’s not allowed! For the poorest people who seem to have no income, the cost of law enforcement is too high. Even if we arrest them all, they won't be fined much, and we still have to provide them with a prison to eat, drink and sleep! As for wealthy people with financial intelligence, they will not hide how much money they make from taxes, but they will also report taxes. They just say that they have countless ways to legally avoid taxes! So who is the worst off and pays the most taxes? In today’s video, I will tell you the amazing secret that 80% of people are getting poorer without reservation, as well as the specific ways to get rid of poverty! If you don’t choose to save yourself, there will only be one result: rich people will get richer , and you spend money every month to help those people who you think are poorer than you. Not only will they become richer than you , and even rule you in the end! Believe me! This video is definitely worth your thumbs up and collection because your wealth class will undergo an incredible leap! This channel is dedicated to cultivating bosses, investors, and wealthy people. If you don’t want to miss more useful information in the future , you can consider subscribing to my channel and turn on the little bell! Many people feel that making money has become difficult , and their friends are just like themselves, with little money! So I am very pessimistic and think that house prices should collapse and the stock market should collapse! Because everyone has no money, then who will buy it? Is it really? Does the picture you see equal the truth? You will find that governments all over the world are obviously constantly printing money for people all over the country to spend. Logically speaking, everyone can get a few thousand or tens of thousands of dollars , but let alone a thousand dollars. It seems that you can’t even get a penny of it. You didn’t even get it, right? Who swallowed it? The government does not hand out money one by one on the road as you think , and then you line up to get it! Because if everyone's wealth increases on average , it means that money will become worthless in an instant , just like when we talked about Zimbabwean dollars before, it would cost tens of trillions to buy a loaf of bread! This is called hyperinflation, and the economy will really collapse! Therefore, the banks will be asked to help dispose of the money that is printed, and they will find customers to borrow the money! If the bank is in the middle, it can earn the interest difference! And people who borrow this money can make money at very low interest rates! For example, now you borrow 100 million to buy land and build a house, and then sell it for 200 million! After making 100 million, you pay the bank several million in interest, right? Not only that, if you are willing to develop real estate, it will be beneficial to the entire society, so the government will also introduce some policies to support your project , such as building a school, railway, and hospital near your property. What about this kind of business? Are you willing to do it? So countless people will go to the bank to borrow this money , but the bank ignores you? Today you, Zhang San, want to borrow one million. Tomorrow, Li Si wants to borrow 100,000. If there are a million people like Zhang San and Li Si, when will the bank be able to borrow all the money that has been printed? The workload is huge, let’s not talk about it. What if these one million Zhang San Li Si still can’t pay? So banks will only lend money to about 20% of rich people, and the government! Then the government uses money to build infrastructure companies and then uses money to do business . This will create a lot of job opportunities. After the boss makes more money, will ordinary people naturally be able to get a share of the pie? Can the salary be increased? So this money is not withheld from you , but slowly flows into your pocket from top to bottom! Finally, rob the rich and give to the poor, and return wealth to the people! After rich people make a lot of money, they have to pay heavy taxes and then use the tax money on the people to achieve social justice! Isn't it wonderful? Very dreamy? Then comes what was said at the beginning, you are responsible for social justice and you pay taxes for the richest and poorest people! And what about the printed money? It will first flow into the capital markets of stocks, Bitcoin, real estate, etc. and into the pockets of entrepreneurs, and then what? You realize there is no more! So the good news is that in 2024, I spent three months summarizing the methods I used to make 70% of the profits in the capital market in the past three months into a stock investment class worth one thousand US dollars! But as long as you subscribe and like this investment class, I won’t charge you a penny and I’ll give it to you directly! In addition, I will also give you a membership in my yacht club, a top-secret private group , and surprises worth more than a thousand US dollars, which will also be given to you for free! Because there were too many people who signed up before , the platform has already charged me a fine of US$4,500! I have also opened an additional 300 places! So if you don’t want to miss it, be sure to sign up as soon as possible through the first link in the video description column! If you miss it, it will be removed! So is it really true that everyone has no money? It's just that you don't have money. Go search and find out how much money has been printed in your area in the past few years. How much money was borrowed? It’s just that now that the Federal Reserve has raised interest rates by 20%, rich people are depositing their money in banks to earn interest instead of lending it out! In other words, it is these 20% of people who decide how the printed banknotes are used! So how do you become one of the 20% rich people? In fact, many people don’t even dare to ask this question. They subconsciously feel ashamed to ask such a question and wonder how it is possible, and then directly deny the question! So the answer to this question is very simple : always do the opposite of the 80% of people, and then you will become the 20% of people! The first step is to avoid becoming 80% of the people! What does that mean? I have a brother who is the boss of a listed company. I first met him when I was preparing to start a business in college. At that time, he was just a small boss , but the first lesson he taught me immediately shocked me! He asked me to register a limited company and then count all the money I earn and all the money I have to spend as the company’s instead of our own! Why? Very simple! He told me: "Today you earned $100,000 and you want to buy a $100,000 car. In fact, you can't afford it, because 20% of your $100,000 may have to be used to pay personal tax , so you really We only get 80,000 yuan! In other words, if you pay taxes in your personal name, you will first deduct 20% of the tax, and then we can use the remaining 80,000 yuan to buy cars! So if you register a limited company today, you can use this If a company earns 100,000 yuan in the name of a company , because the company has to fulfill a greater social responsibility than a single person, the company will pay more taxes than the individual tax! If you pay 25,000 yuan for 100,000 yuan, there will only be 75,000 yuan left. ! This doesn’t seem cost-effective, right? But the way a company pays taxes is that it pays taxes first and then pays taxes! In other words, your company earned 100,000 today Then you directly use the 100,000 yuan to buy a 100,000 yuan car and then only have 0 yuan left. Not even a dime is left. The 0 yuan is used to pay the 25% corporate tax, which is also 0! So you directly save 25,000 in tax, and you don’t have to pay a cent in tax! This 25,000 is already the difference between a Porsche Macan and a Cayenne! But be careful! This car belongs to the company, not you! So, as the boss of the company, can you use it? Of course it works! You want to drive this car to meet customers! So when the right to use this car is in your hands, does it make any difference whether you actually own it or not? Can you understand? Come again! You later earn another $10,000. At this time, you personally have to pay $2,000 in taxes. Only with the remaining money can you use it to refuel the car, rent a parking lot, or modify and maintain it! But today, you do these things in the name of your company and even hire a driver, so you use up the $10,000! When your company only has 0 yuan left, the tax you have to pay is also 0 yuan! In other words, your daily expenses such as eating a meal, buying a suit, or watching a movie can actually be regarded as company costs and tax deductible! Therefore, many people regard the company as a reservoir and spend money from there! What about yourself? Don’t pay yourself a penny of your salary because you have to pay taxes on your salary! But smarter people have discovered a blind spot. If you spend all the money earned by the company, you really don’t have to pay taxes! But what if you can’t spend all the money? You will have to pay more taxes than personal taxes! First of all, it won’t be all spent. Trump spent more than $70,000 on a haircut! But if you really can’t spend all the money, you will find that many bosses like to buy famous paintings, luxury goods, and Rolexes! Why? For example, if a company buys a famous painting for $500,000 , the painting will depreciate, and the depreciation that will depreciate is also a cost of your company! Then find an expert to identify it ! It turns out that this painting will depreciate by 100,000 every year! Then your company can offset the tax of 500,000 in 5 years. When the book value of the painting is 0, you can buy the painting in your own name! The company's bills will be an extra dollar in profit , and the famous paintings will become your personal property! Of course it is not allowed in some places, so change your mind! Five years after you bought the car , it depreciated from 100,000 to 1,000, and then you sold it to yourself! Is it the same? " Then these are the suggestions given to me by my friends ! This video does not have any tax advice! But my current suggestions may change your destiny! When I finished reading the book "Rich Dad Poor Dad", I I just realized that there are three levels of making money in this world. You can leave a message to let me know where you are now! The lowest level is what most people are doing, which is called making money! This earning is a hand, plus a fight! Simply put In other words, it is to use your hands to compete with others and get the money back! For example, today you work as a cleaner, a clerk, a fitness instructor, or even an ordinary lawyer, doctor, etc. In fact, it is essentially the same. It’s the same , you have to rely on yourself to get the money back! If you have a problem, get sick, or have an accident and you can’t work, you will stop talking and you will have no income. ! Then the second level is called making money! The word "earning" for making money is made from shells. Shells were currency in ancient times. To put it simply, it is to use money to make more money! I don't need to go to the hospital to work. I spend The doctor I paid for can work for me, right? I don’t need to sweep the floor, the cleaner I paid for can clean for others on my behalf, right? I just need to work part-time to see others. This is called making money The CEO of Coca-Cola is very powerful, right? His annual salary is 50 million U.S. dollars! Then half of it is lost after paying taxes! But you know Buffett, who invested in Coca-Cola and made more than 500 million U.S. dollars a year for nothing. This is passive income! He doesn’t need to manage a company, he doesn’t need to think about marketing strategies, he doesn’t need to think about product positioning . He just needs to buy at the best time, and do a good job in risk management , and he will be rich and free! Eh? Have you ever seen a vegetable seller? How many houses does the aunt who sweeps the floors own? Look at this news again . Do you still think that they make money by selling vegetables and sweeping floors? Maybe you have read more books than her , but the money you make can be frugal. Drink it, let alone a better house. You can’t even afford a toilet. Soul torture, are you willing? Let me tell you! What really makes the aunts wealth and freedom is not the sweeping and selling vegetables they use to kill time. Their jobs are the stocks they seize the opportunity to invest in! If today you are still busy every day, but can't make ends meet! If you still leave early and come back late, buying a house on a trip is a luxury for you! Then Please stop working hard in the wrong direction! Because making the same mistake again and again is worse than standing still! So I want to ask, if there is a chance to get you out of this difficult situation in life, are you ready? I have a 2024 In the newly launched stock investment class, I will teach you how to catch the bull market, avoid the stock market crash , and obtain a steady stream of passive income without buying the bottom or watching the market! Then I will let you know how to do it without buying stocks. Use any basic investment knowledge to choose the right stock that is skyrocketing! And most importantly, let you know how to make the most profits and the least losses , because actually making money in stocks is a very low-risk thing! So this set of courses is worth $1,000 If you don’t make money today, I’ll give it to you for free! Seize the last chance and sign up for my stock investment class through the first link in the video description column! Then when you reach the level of making money, what you actually earn is passive income! But there is a higher level called printing money! As I said just now, if a country wants to stimulate its economy, the money it prints will either go to enterprises or stay in the capital market! Instead of flowing directly into the consumer market because it will lead to hyperinflation and then economic collapse! Well, we ordinary people cannot print money ourselves, but the country can! In other words, as long as we can put the money printed by the country into our own pockets, then this money belongs to us! So there are two methods. The first is to print money through the capital market! The reason why I recently found my brother who is a listed company is that I want to go to a higher level and I want to list the company! I had always focused on business and investment , so I simply thought that listing a company meant selling products and selling stocks! Because I found that stocks that have skyrocketed in the stock market are often concept stocks where the company is losing money! So I thought selling stocks was very profitable , but in fact he told me that he had never sold any stocks! Why? First of all, when the boss of a listed company sells a huge amount of stock, he has to pay a huge amount of tax , and he also has to find someone to take over the huge amount , so he does not sell it to retail investors, he sells it to large investors at a lower market price! And when the boss of a company wants to sell stocks, what do retail investors think? If you feel that your company is in trouble, you have to cut the leeks, etc. This will lead to panic selling of the stock price. You don’t have to actually sell it . As long as your news leaks out, you basically can’t sell it! What to do? Even if you are the big boss of Tesla but you can't sell these stocks and you can't turn the stocks into cash, you are still a poor person! He told me: "It's very simple, just mortgage the stocks to a brokerage or bank! For example, if these stocks are worth 100 million , then you mortgage them to an institution at a 30% discount and they will lend you 70 million. Then you can put the stocks in The money is in your own hands! The stocks are still in your name, and the voting rights are still exercised by you! Then you can spend the 70 million and make some investments at the same time, and make money from the investment. Just pay back part of the money to the institution that lent you the money as interest every year! Is there any risk in this loan? What if the stock price drops? This is why you can only borrow 70 million for a stock worth 100 million. Because when a stock worth 100 million may drop to 80 million, the institution that lent you money will have the right to dispose of your stock. It has the right to sell all your stocks for 70 million and get them back. Their principal! If it can only be sold for 60 million, you have to provide them with 10 million more! In other words, in the worst case scenario, you are only equivalent to selling the stock at a 60% or 30% discount! 100 million, you still have 60 or 70 million! And you will find that when you owe a bank, for example, so much money, they will pay special attention to you! Because he doesn’t want your company to go bankrupt or close down, which may prevent him from getting the money back! It's very simple. Your company is a limited liability company. The money your company owes to the bank can only be settled with your company . If your company still doesn't pay the money, you don't need to pay it back! If the bank needs you to personally guarantee your company , then what many people do is to give all their money to their wives! All the property belongs to my wife and children, and I don’t have a penny at all! In the end, if you really can't pay the money , you can still live in the villa your ex-wife bought and you can still live in the Ferrari your ex-wife bought because the law does not prohibit your ex-wife from continuing to support you! So do you think the bank is tight? So they will pay special attention to your health, your company, and everything about you! So if your company really fails and you need money for turnover, then if you ask them to borrow money again, they will be willing to lend it to you! It's simple, if you go bankrupt, the money he lent you will become a bad debt! But if you don’t go bankrupt, it’s not bad debt! So as long as you don't go bankrupt during the bank boss's term , it won't be considered his bad debt, and then this matter can be over! And if you make a comeback, he will even make a bigger deal! This is what Trump told the banks when he tried to go bankrupt many times ! Of course, you also need to have some collateral, and you still have to go through the legal process! It’s just that the collateral can be a famous painting. As for whether it is worth 100 million or 1 billion, I don’t know! Then you will find that in many places, if you have a loan , this is tax deductible! That means the more money you borrow, the less tax you pay! So when we rich people need money, I don’t rely on selling products or services and then spending the money we earn! Instead, borrow money directly from the bank and spend it! " I resonated with it after listening to it, because this is why I like investing in real estate. I am an ordinary person, and I can owe more than 8 figures to different banks. But I am a VIP of many banks, and they give me gifts every year and festival. When I go to the bank to do business, I go to a VIP room where I don’t have to queue up! My credit card limit is enough for me to pay the down payment for a house! They lent me the money not because my company is doing well but because I borrowed the money. The reason for the money is to buy a house! To put it bluntly, in the eyes of these capitalists in the bank, buying a house is the most stable investment because they have a low probability of bad debts, so they are willing to lend me money! In other words, using the leverage of the loan to buy a house It is the only way for ordinary people to make money by printing money! I have said it in detail in other videos, so I won’t repeat it now! The only way ordinary people can participate in printing money is actually the author of "Rich Dad Poor Dad" I’m telling you! It’s just to set up a company and collect money! Check online, how many books has "Rich Dad" published in total? More than 30 books. Then how much does the paper cost to print this book? In fact, if these If the book is sold as scrap paper, it may only cost a few dollars! But what if you go to a bookstore to buy it? It may cost one or two thousand dollars! How many times is the profit here? The first lesson of "Rich Dad Poor Dad" The class is called Don’t work for money! Most people understand that don’t be a slave to money, but actually they can’t taste it! Because on a deeper level, it’s because money is printed by humans and the Federal Reserve’s money printing machine operates 24 hours a day. Deprinting means that the money will only keep depreciating! So if you earn this money back today, it is actually of no use! What we want is a money printing machine. Why do so many Chinese like to go to Hollywood to make movies? Because as long as that Once the movie is aired, you will automatically receive copyright fees every year. This person can retire without doing anything! Why can Jin Yong’s descendants have endless passive income? Why can Coca-Cola continue to prosper? Because of their copyright , formulas, will continue to print money for them! Even if today everyone uses US dollars, and one day when the dynasty changes and everyone does not use US dollars but uses Bitcoin, then these copyrights, formulas, ah, will still continue to print money for them. Just change the currency from US dollars to Bitcoin! This is called a legal money printing machine! And for ordinary people, I don’t have any skills, talents, or even good looks. So how can I build this legal money printing machine? Yes Countless children of several years old just made videos of themselves playing with toys and games and then directly became billionaires. Why? Let me tell you! There are 2.5 billion people on Youtube and you post a free video, even if it is only 10,000 When people notice that you spend 100 yuan each to buy your products and services, you will instantly get 1 million! And you can do this business alone. You don’t need to go to China, the United States, or Thailand , but you can also make money. RMB, US dollars and Thai baht! This is the so-called light asset! Because you know how to use the Internet as a tool to let it work for you 24 hours a day, 7 days a day! You may think, I don’t have the ability to develop products, so what should I sell? Three words, influence! When you can influence 10,000 people, you are equivalent to pinching the necks of all businessmen because they all hope to help them promote through you, and also hope that you will help them bring goods! We have an SDS system that has been proven by the market to earn 7-digit US dollars annually, allowing you to build your YouTube passive income! This may subvert some people's understanding of making money because this system can not only teach you how to get traffic, but most importantly, let you know how to make countless merchants and potential customers line up waiting for you to beg you. The product is sold to him and they accept a more expensive price! It’s like everyone is waiting in line to buy an IPhone! So if you want to learn my new SDS system, you can sign up for my training camp on the second link in the video description column! Likewise, as long as you subscribe and like the $300 registration fee, you won’t be charged a penny at all! Okay, if you have any questions, please leave me a message! As long as you can find one or two sentences in what I said today that are useful and can help you live a better life, I will be satisfied~ I will continue to share about becoming rich, If you don’t want to miss the free information for entrepreneurs and investors to achieve financial freedom , I still call on you to subscribe to my channel and turn on the little bell! If you like this kind of positive energy, you can also like and support me, and share the video and positive energy . You think you are saving others, but in fact you are saving yourself . See you next week, Bye!