Here’s what happens if you never pay your taxes...

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Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

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Age 81 never went to jail and never once paid taxes? He won.

paulpolpiboon
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Remember, even Al Capone was not safe from the IRS

michaelsinfuego
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I bet the IRS dug up his grave and stole his suit and teeth fillings to add to his debt.

jordonm
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Seriously!? The IRS WILL NEVER CALL YOU!!! Only scammers call you! THE IRS sends you a letter by certified mail or send someone to your door/business💯

SaltStorm
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Just remember, The Joker was more scared of the IRS than Batman

cippyyt
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Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account. I'm now seeking best possible areas or ways to gain wealth in today's economy.

JayMomoa-
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Since IRS knows all my income, they might as well file my tax for me.

MiCnWww
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I am impressed with your update on these strategies, I am looking for tax efficient way to rebalance my 7-figure dividend portfolio without triggering capital gain tax. what asset location strategies should i use?

Dollrnri
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"The IRS doesn't play about it's debts"
$35, 361, 185, 000, 000

Are you sure about that?

Stone_
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Only sure things in life, taxes and death, this dude avoided taxes!!!

AstorSkywalker
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I don't remember the IRS working 40% of my shift

iDatedMyPizza
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I don't pay my taxes, they're taken from me every week... but come tax season, when they owe me, they don't pay unless I submit forms and apply for a return... criminal

anatoliygolub
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We as a country used to get upset about a 2% tax on tea. But we’re okay with this….

Rama.s
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But yet the government is in how much debt?
They take everything i own if i dont pay a few thousand dollars but yet they can be completely negligent with billions of dollars.

brandonmccurry
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"Let this be a lesson that neither should you why would you want to end up a billionaire, who lives a great life, and lives to be 81 years old!!??

ΙερώνυμοςΚόρακας
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The IRS does NOT call. They especially don't have Indian accents. (For the most part)

aliabdallah
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You pay tax on your salary
You pay tax when you buy food
You pay it when buying gas..cars..building materials..etc. you build your house and pay for a permit for everything...then property tax on your home ...even though you have paid tax on the materials...did I forget anything? I mean when does it end?

varmalochan
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Even the joker wouldn’t mess around with the IRS…

michaelhutchinson
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There is so many millionaires and billionaires wanted for tax evasion living in Switzerland and Israel and Japan …. Yet the IRS couldn’t bring them down

jaypatrus
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Side note, if the IRS owes you money on a return and you don't file your taxes they don't care.

They just keep the money and you're none the wiser.

zomgie
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