Loopholes in the tax system
So why do the rich get better tax benefits than the average employee or self employed? The truth is, the benefits that the rich have are actually tools provided by the government as a way to incentivize people to start corporations and invest in Real Estate. If you can provide food, clothes, water, energy, services, technology, housing and anything that people may need, the government will give you tax breaks if you can help them out by giving jobs and helping GDP grow. Find out more in today's episode on the reasons why there are greater tax benefits for corporations and real Estate investors rather than for employees and self-employers.