Never forget these two axioms:
Money frees us, but its pursuit enslaves us.
It’s not how much you have at the end; it’s how much you could have made.
This is one of the ways to think about how the federal tax system works.
There’s plenty of ways to think about it, but I thought this was rather clever illustration of how federal taxes are paid and the rhetoric often employed after federal income tax cuts are proposed.
Believe it or not, unlike most of my long-winded posts, that’s it for today!
Go out there and enjoy your life!
I’d love to hear from any and all of you about your thoughts, so we can all learn from one another.
Please spread the word about this blog to your friends (real and virtual), family, and colleagues.
Talk to you soon.
Until next time…