Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything

real estate with the industry's biggest movers and shakers.

I'm your host, Ken McElroy, joined by my co-host, Danielle.

Let's get right into this episode.

Hey, everybody, it's Ken here, and I'm here with my friend Tom Wheelwright, author of

Tax Free Wealth, the owner of Wealthability.com.

And Robert is Kim and Robert Kiyosaki's personal accountant.

He has an enormous amount of information around tax and Tom.

What are the things this, by the way, this episode is all about tax, but one of the

things that always intrigue me every time we're together like what is how much you love

the tax code like first of all, total nerd. Uh, secondly, what you what you say is, which I actually was really interesting, I've

actually repeated this to other people. You said that tax code is literally a book that tells you

how to save tax or something along that line, right? No, it does. Actually, there's one line in the

tax law that says all income's taxable

unless we say it isn't. There's another line that says nothing's deductible unless we say it is.

And pretty much the rest of the 6,000 pages of tax code is an instruction guide to reduce your taxes.

And the most important thing to remember about the tax law can is that the

tax law is the primary tool of the government to manipulate the economy. Okay. So that's why we're

never going to get a flat tax because that would take away their primary tool. It's a bigger tool than the

Fed, quite frankly, to manipulate the economy. And so what they do is, is years and years ago,

back in the 60s, they first discovered how successful it is to give one little bit of tax benefit

and get a lot of activity as a result.

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