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Joe Biden’s New Wealth Tax
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Check out our article: How to Avoid Paying Taxes
https://nomadcapitalist.com/fi....nance/legal-tax-redu
"US president Joe Biden is set to announce a tax aimed at US billionaires as part of his 2023 budget".
Do you think you're not wealthy, so that won't affect you? Then we have to disappoint you. Yes, that might affect everyone.
Believe it or not, we get a lot of messages about big tax bills. Our helpdesk is often flooded with people who've found out exactly what personal and corporate tax rates will do with the income from their incredibly successful year.
Maybe they don't have the money to pay, or they just don't want to pay their taxes. Either way, these people come to us in the hope of figuring out how to wipe out this year's taxes on income that they've already earned. The unfortunate answer we have for many people is that they should have called us a year ago.
In this video, Andrew shares the latest news about Joe Biden's Tax proposal and explains why you need to take action now.
00:00 Start
00:39 Tax News
03:30 Taxes in the USA
07:07 Income Tax
11:20 Living in the USA
Andrew is reading this article: https://www.internationalinves....tment.net/news/40472
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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Latest comments
3 years ago
This is just another move by the globalists to export the effects of inflation, as well as to crash the economy ahead of schedule. Uber rich people can always find loopholes., They can also simply move their wealth, or simply stop earning. That said in most cases they will simply take their wealth and leave. When you're worth more than 100 million dollars you can do that. When your goal is to create one world government a move like this starts to make more sense.
3 years ago
Yeah Americans are fucked, even if you leave the country you need to still pay US taxes wherever you are,
you need second citizenship, how the fuck would you get it?
3 years ago
teachers and firefighters are government employees, they dont pay net taxes
3 years ago
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3 years ago
Sweden (supposedly Bernie Sanders socialist example) would have taxed Elon Musk at 30% (not California's 53%)
Also Corp Taxes is 20% (Sweden) , remember this was 30% under Obama and Biden wants to raise it to 28%
Sweden has no death tax
Sweden has school voucher system since 1992
3 years ago
Of course when you're a Gov overlord you pay zero taxes. This is why I never tried to make money because the mafia will just steal it with the goon squad police and military. All these Gov employees at all levels are just simps.