How Millionaires Pay Less Tax Than You (and How You Can Pay Less Tax Too)

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This episode of the How To Adult Show is a deep dive into the idea that many millionaires pay less tax than the average working person. While many people assume that this is because they're doing something illegal with their taxes, this couldn't be farther from the truth! The 'millionaires' of society follow the same tax code as the rest of us, the difference is they've either taken the time to learn how to use the tax code to their advantage, or they have enough money to hire someone to do this for them. This means they understand how to save thousands of dollars in unnecessary taxes every year, that many of us pay simply because we don't understand how the system works! In today's episode I walk you through the basics of the tax code, and outline the blueprint that everyone can follow to start working towards their own millionaire status, starting with saving money on taxes every year!

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00:00 - Introduction
01:33 - How Millionaires Pay Less Tax Than You
04:45 - The Blueprint To Reduce Your Own Tax Burden
05:37 - Start Using Tax Advantaged Accounts
07:24 - Start Creating Additional Income Streams

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