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The Quote of the Day Show | Daily Motivational Talks

1551 | Tom Wheelwright: “The Tax Law is Set Up to Help You Become More Wealthy.”

The Quote of the Day Show | Daily Motivational Talks

Sean Croxton

Entrepreneurship, Mental Health, Education, Self-improvement, Business, Health & Fitness

4.83.2K Ratings

🗓️ 18 November 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

On today’s Finance Friday episode, Tom Wheelwright gives you a primer on how to pay less taxes, legally.

Source: How to Legally Not Pay Taxes by Tom Wheelwright
Order Tom's book Tax Free Wealth!

Hosted by Sean Croxton
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Transcript

Click on a timestamp to play from that location

0:00.0

Yo, today's QOD is the tax law is set up to help you become more wealthy.

0:07.0

Here we go.

0:33.0

Welcome back to the quote of the day show. I'm your host Sean Crox in the

0:37.0

Sean Crox and calm. Thanks so much to tune into our finance Friday episode

0:41.0

where we talk about all things money mindset and financial literacy.

0:45.0

We've got Tom Wheelwright on the show today speaking of financial literacy.

0:51.0

The book club is coming back. I'm actually going to be starting three

0:55.0

book clubs in the next year. The first one that's going to begin in January

0:59.0

is a financial literacy book club because I've been reading so many

1:03.0

books about financial literacy over this last three months and my mind is so

1:07.0

blown that I'm like everybody needs to know this. Everybody needs to be

1:11.0

reading these books and talking about them with like minded people.

1:15.0

And so that is coming your way in January so be on the lookout for that.

1:19.0

Now Tom Wheelwright today is going to talk about how the government

1:23.0

incentivizes you to take actions by way of the tax code.

1:29.0

Before I forget he's got a fabulous book highly recommended called

1:33.0

tax free wealth order right now and start reading it is it's a darn good book

1:39.0

right life changing money changing. But let me give you an example.

1:43.0

So the government wants us to go green. They want to get this off of

1:47.0

fossil fuels and all. Now I have purchased two electric vehicles.

1:51.0

And I got tax credits for both of those purchases.

1:55.0

I had solar installed at my previous home.

...

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