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Podcast: Wealth Formula Podcast
Episode: 251: Should You Acquire a Business?
Description: A few weeks ago I had my CPA, Tom Wheelwright, on the show to discuss what's going to happen with taxes in the next year or two under the new administration. Of course, the news was generally bad for high-income earners. Taxes will invariably go up. The idea is that the rich can afford it and they ought to pay their "fair share". It drives me crazy when I hear people say that—after all, what's fair? Is paying more than half of your income to the government fair? If you live in California you are already doing that. Anyway, le...