What if I told you the richest people in the world don’t just pay less taxes They pay nothing and it’s completely legal. Now. I learned this the hard way in my 20s I sold my first business I saw millions of dollars in my bank account for the first time and I also saw my first million dollar tax bill Let me tell you Nothing wakes you up faster than realizing nearly half of your hard-earned income is about to vanish overnight That’s when I got obsessed. I spent years learning the same tax strategies that billionaires use to legally pay nothing I found out it’s not about offshore schemes It’s a simple strategy and the best part is most people can do it But here’s the catch they don’t teach this in school and your CPA.

They don’t know it either This isn’t about just filing taxes It’s about building a system and playing the same game the 1% have mastered. So in this video I’m gonna show you exactly how it works I’m gonna show you how you can live tax-free how you can build wealth faster how you can create a legacy for generations Stay until the end because this could change everything about how you think about money forever. So let’s go Alright now we’re talking about some really fun stuff here today. We’re talking about wealth killers Well, actually it’s about how we multiply our wealth faster than ever look these strategies work for anybody Doesn’t matter what city state country you’re in doesn’t matter what tax bracket you’re in.

This is gonna work for you Okay, so Multiplying your wealth that sounds fast that sounds better But the first one is that we have to stop killing our wealth And of course we do that with taxes one of the one of the two I call it three uncertainties in life They say death and taxes are the two uncertainties in life or certain decent life I would also call money printing as a certainty Anyway, taxes is the way we lose the most wealth and not just taxes also divorce We lose about half that way as well Alright, what happens is when we pay taxes when we give a big chunk of our wealth over to your partner the government It leaves you less money to invest But most people don’t really understand exactly what this means and how much this costs you and it costs you in a bunch of ways Now first of all when I give up a big chunk of my wealth And then I hopefully invest what I have left over if I have any leftover I have less money to invest which means less money to go up, but it’s not just less money to go up Remember building wealth is not linear.

It’s exponential because of compounding So not only do I have less to invest in the beginning because of the law of compounding. I lose way more over time I’m gonna show you what I mean by that. The other thing is that there’s a double drag again So it’s not just the upfront how much I lose but the compounding So first of all, let’s talk about this and I’m gonna show you a couple charts So you can understand what I mean and then I’m gonna show you no matter where you live in the world How you can fix this problem how the wealthy do okay? So first off in the United States We pay federal taxes and depending on what state you’re in you pay state taxes, too Depending on how much money you make you pay a higher percentage if you make over 600,000 a year you’re paying 37% That’s tough.

If you’re making a hundred doubt over a hundred thousand a year 25% 24% okay, so somewhere in that range 190 to 240 thousand 32 percent of your wealth that’s just federal now depending on where you live You might also have state taxes as well So for example, if you’re lucky enough to live in the beautiful state of California And you’re the top tax bracket over a million dollars. You’re paying 13 and a half percent So you’re paying the federal 37% you’re paying the state now You’re over 50% over 50% of your wealth is being taken right there Hawaii’s second New York’s New York’s right there 10.9 New Jersey’s 10.7 and on and on and on So if you’re in the top tax bracket over half your wealth is being gone before you’ve paid Property taxes and sales taxes and payroll taxes and on and on and on we’re just talking about income wealth But what happens is is you lose money? Exponentially because in the tax drag so for example if I made a million dollars of profit and I paid If I paid 40% tax versus if I just paid 15% now, let’s say that I made a million dollars I paid 40% tax So I have 600,000 leftover or I paid I earned a million dollars I paid 15% tax and then that money just went to an account making 8% interest What would happen? What we can see is if I was taxed at 40% the portfolio grows to 2.2 million But if I’m taxed at 15% the same portfolio the same investment pays 5.2 million that’s a difference of three million dollars or nearly two and a half times greater So just by lowering the tax bracket bracket same income same return on investment It’s two and a half times greater because not only do I start with less money because the law of compounding It really eats into my growth now because of this We see people doing all types of drastic things like for example California lost more workers than it gained as professionals flee to low tax states So people are leaving the beach to go live in the heat to live in the desert to go live in the plains The bug infested areas or whatever because they’re tired of paying too much taxes But what if you didn’t have to move? What if you could live in the highest tax state the most beautiful state in the country and not have to pay the taxes Legally as a matter of fact the government love it if you did this So let me show you what I mean now The first thing to understand is you have to understand that there’s different types of income and there’s different types of taxes for that income So earned income earned income, which is wages and salaries pays way too much taxes the tax code favors Investors so passive income is taxed differently than earned income passive income is income We learned from investments as opposed to wages and salaries now Why is this the tax code favors investors? These are not loopholes of the rich, okay? The government has policies the government needs people to build businesses and increase the GDP and invent new things and also Yeah, give people jobs and needs people to provide housing and to build roads and do all of these things The world needs builders.

That’s what I constantly tell people all the time. We need entrepreneurs We build is we need investors to build the world. We’re not meant to be consumers So if all you are gonna be a consumer and you’re gonna go work your four nine-to-five job Go and spend all your paycheck on Netflix and whatever. You’re a consumer and you’re gonna pay the most But if you’re actively helping to progress the world forward bring value to the world by investing in businesses and things like that you get taxed better So it’s an incentive program and not a loophole.

Okay, that being said, how can anybody do this? How can we start to make the shift? You’re a wage earner. You’re on a salary a W2. This doesn’t qualify This doesn’t apply to you. Yes, it does What happens is we can shift over time the key piece here is this isn’t something that tomorrow I can pay no tax and so most people don’t understand this or they never take the time to learn it It’s something that I’m going to have to build into my portfolio and depending on where you’re at It could take a longer or shorter if you’re already a business owner and you make a good amount of income You could do this very quickly.

If you’re a W2 wage earner, it’s gonna take you a little bit more time Okay, so we need to make a shift So the first thing is again We have to shift into passive income because passive income wins like I said with the lower rates There’s a lot of reasons why that happens And again, I’ll show you how to make that shift But again because of the earned income versus passive income you can see the difference in the growth that we can make So there’s a lot of reasons doing the same work or in the same income or in the same rate of return The outcomes of your retirement are drastically different or I should say even the rate that you’ll reach your retirement Now what we want to do is we want to shift some of our earned income into passive income So for example, I take my wage income and I buy investments Take real estate.

For example, I like real estate because real estate gets us lots of tax advantages Now there’s a whole letter strategy of how we stack different investments in proper sequence It’s called the velocity of wealth. You might want to watch that video I’ll link to it down below so you can learn the next part But I’ll use real estate first because I get very very good tax write-offs from depreciation and deductions So let me give you an example of how this works I could take my earned income I earned my salary W I can put it into a rental property Let’s say rental property makes me a hundred thousand dollars a year back That’s enough to live off of so I put my earned income in I now get passive income that I can write off I have about twenty thousand dollars in expenses Maintenance property management etc And then I can write off thirty six thousand dollars for depreciation And then that lowers my taxable income that I’m earning on my wage job Down to forty four percent even though I got to eighty thousand dollars in taxes You see this is just one small example But I get the cash flow the eighty thousand and I lower my taxable income Which then lowers the amount or the percentage I pay Remember it’s all based off of brackets Alright, so what we can do is we can start to make the shift Take my earned income move it to passive Maybe it takes me a little bit longer It can be other types of passive income It could be dividend paying stocks, whatever you want to do Now there’s even better because with real estate we get And different types of property could be Bitcoin miners Could be heavy equipment Could be real estate I also get bonus depreciation, accelerated depreciation In Trump’s first term he gave us this and we got a hundred percent It’s dwindling down to eighty percent and then sixty percent We’re hoping Cross Center Fungrassie reinstates it But basically I could buy a million dollar asset that qualifies If I have a million dollars of income I could buy the million dollar asset with say twenty percent down, two hundred grand But then get a million dollars of write-off Alright, and the government wants you to do this They’re incentivizing you to do this Now, as I said, this is not something that you can just do overnight This is something that has to be done proactively This isn’t something where you get your paperwork at the end of the year In a bank statement to go to H&R Block This is something where you have to hire a tax strategist Not your CPA This is a tax strategist And you plan this out You buy things strategically So you can start to build this plan out And I’m going to show you it gets super powerful Now, if you don’t know who a tax strategist is or what they do I’m going to have my tax strategist on a live presentation with me It’s coming up It’s an event called the Wealth Accelerator If you want to accelerate your wealth super fast using strategies like this I’m going to have my tax strategist on We’re going to go live for three days Showing you how to reclaim more of your time How to keep more of your income with these strategies And then once you’ve kept more How you can multiply it super fast by stacking them in the proper orders I’ll put a link down below or something on the screen here If you want to join that Wealth Accelerator event I’ll be live three days right from here My tax strategist Other professionals that I use will be on that call Okay, so now that we understand that We make the shift from earned income to passive income How do we then start multiplying the wealth even faster? Again, there’s a whole strategy about stacking assets and the velocity of wealth But right here The first thing is I said already we’re keeping more So just the fact that we’re keeping more So we’re investing 600,000 instead of, you know, 300,000 That obviously is step number one Number two, because of that, it’s compounding faster Okay, but these strategies are not just about earning more money It’s about controlling how much taxes I pay And more importantly, when or if I even pay taxes So how is that? Well, if we want really tax-free wealth What we do is, again, we shift our earned income into passive income Then what we do is we use debt So then we can borrow against our assets When we do that, we get all the liquidity out without paying any tax And then what we do is we reinvest that tax-free income That tax-free liquidity to multiply more tax write-offs for us Let me show you what I’m talking about So let’s just say that I’ve bought a property It’s now gone up in value I fixed it up I added on to it, whatever it is And now I have equity Let’s say I have $500,000 equity I can pull out of that property I’ve refinanced it, $500,000 out I use that $500,000 of tax-free income, tax-free wealth That I can now go put down on a $1.5 million property And let’s just say that rental property is now bringing me in $150,000 a year $200,000 a year of now passive income So $500,000 tax-free, a $1.5 million property that’s now going up at about 10% a year I get now $200,000 a year of passive income coming in That’s now taxed at a much lower rate And even better, I get maybe another $100,000 of depreciation that I can write off So now by borrowing the money out, not only am I increasing my wealth growth I’m increasing my passive income I’m also increasing my write-offs, which means I get a write-off even more income Now, again, this has to be done through a proactive approach And so it takes some time depending on how much money you have or where you’re at Now, it gets even better Now, when you start thinking about long-term planning So if you think about society, you know, on the bottom level you have somebody living on the street, maybe a drug addict, an alcoholic And they’re thinking about the next hit, the next drink, right? On the other end, you have Elon Musk And he’s thinking about sending multiple generations from now to Mars, right? And so how far are you looking ahead? And so to really build wealth, we want to think a little bit more proactive, think long-term And if we really want to get rid of taxes, we can get rid of our tax base altogether And we can do that by dying with debt Now, there’s a couple ways we can do this The strategy that I’m sort of using is die with debt or buy, borrow, die You might have heard of that before Basically, what we can do is I can buy a property And I can then pass it on to my kids And then they can step up the basis So what does that mean? Let me give you an example So let’s just say, there’s two ways we can do this This is the first way, it’s not my favorite way So let’s say that I bought a million dollar property And when I die, the property is worth five million dollars Not unlikely, it’d probably be more than that It’s worth five million dollars What I can do then is I can give that property to my heirs, to my kids And now, my kids have this property with a new stepped up basis of this four million dollars So now if they want to sell it, they don’t have to pay So let’s say they want to sell it in the future for ten million Instead of paying the difference of one million to ten million Which is nine million dollars of taxes they would owe Now, they only pay it off of this value So they step it up So that’s how we really get rid of those taxes There’s another way, my more preferred way, is by using non-revocable trust So if I create non-revocable trust, I can put certain assets into those That my kids, my heirs could have And it doesn’t trigger a transfer And so there’s no taxable event there as well Now, it doesn’t step up the basis So it depends on what your strategy is If you’re really planning long term, you don’t care about the basis If your kids maybe want to sell the properties Then you do want to step up the basis So it depends But when you get here, then you really start thinking about your legacy And you can really build tax-free wealth Which again, helps you multiply wealth faster Helps your kids multiply wealth way faster And on and on And I know that there’s this whole thing going on today There’s a book written Die with Zero I think it’s a terrible way I think about this blockchain of life Like my life is this proof of work I put a lot of value into the world We built up some wealth Why wouldn’t I want my heirs, my kids, my great grandkids To have a higher step up in life Now look, I’m not talking about, you know, I want them to have a higher starting point I’m not talking about a hand up I’m not talking about where they have enough money They never have to work And they’re lazy And they’re terrible people But why not have money that they could borrow against to start a business Or do something productive with their life Now, this is a whole other video I do something about it So in my trust, I have what’s called a family constitution It’s a set of rules that mayors have to live with And we can get into that conversation I don’t want to get into all that But what I’m saying is, why wouldn’t we want to think about wealth? We can grow it faster We can get rid of taxes We can push more value into the future But like I said, you have to do this proactively And the government doesn’t look down on this They actually want you to do this That’s our incentive If you want to learn these strategies and meet my tax strategists And we’ll give you, I don’t know, 2025 tips That you can use almost immediately for 2025 To lower your taxable income right away No matter where you’re at Come check out the event I’m calling it the Wealth Accelerator I’ll be live right here from the studio For three full days I’m bringing in a bunch of experts To reclaim more of your time To keep more of your income And to multiply your wealth faster than you’ve ever thought Make 2025 the best year There’s a link down below Otherwise, let me know what you think about this strategy Is it a loophole? Do you feel bad by using it? Or do you understand the government wants you to use it And incentivizes you? Let me know in the comments down below And that’s what I got All right, to your success I’m out
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See more of Mark Moss on their Public Channel and the MPN Mark Moss channel.