429: Taxocracy

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Tom Wheelwright, my friend and author of Tax-Free Wealth, describes the US tax code simply as a series of government-sponsored incentives. As someone who hates paying taxes, this fact has made me extraordinarily patriotic. The problem is, that sometimes incentives backfire. Case in point—during the British Raj rule in India, there was a proliferation of […]

428: Velerity Wealth Update 5/15/24

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My key takeaway from our guest (Ryan Bourne from the Cato Institute) on this week’s episode is that policy mistakes that adversely impact the free markets happen for a variety of reasons:Misread of dataPoor use of policy toolsPolitical motivationNational Security interests Whatever the reason, the consequences of policy mistakes are real for investors.  For example, […]

402: Investing with Benefits: Real Stories from Wealth Formula Nation

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As the end of the year approaches, many of us are thinking about ways to mitigate our tax liability for 2023. Unfortunately, this year there is not a whole lot in terms of options. The IRS has clamped down on syndicated conservation easements and anything resembling it. If you are being talked into something like […]

395: Tax Free Wealth and the Zombie Apocalypse

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I’m not a doom and gloom podcaster as a general rule. There are plenty of those out there predicting the zombie apocalypse. However, I have to say that I’m pretty sure I’ve been seeing some questionable zombiesque characters running around town lately. It has occurred to me, however, that most people are not seeing what […]

The LAST Weekly Wealth Widget :(

For the last year, every week I sent out a “weekly wealth widget” every Friday. Last week, I wrote an article about speculation and asymmetric bets. It was a good article and I was waiting to see your responses on Friday morning. But then…something happened. It didn’t come out! Of course, my immediate response was to curse at […]