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<blockquote data-quote="Non sequitur" data-source="post: 4665631" data-attributes="member: 31614">I&#039;m sorry but your line of thinking may be &quot;fair&quot; minded but it&#039;s not how things work.Tax strategies are implemented by anyone who values their time.If you work at let&#039;s say UPS, and your at top scale, $39/hr., and you choose or are forced to work 60 hours a week.&nbsp; Do you: 1.) Just pay your tax even though you basically worked for the government your last 10 hours of overtime.&nbsp; 2.) Max out your 401k to lower your tax until you&#039;re in a lower bracket.&nbsp; 3.) Invest in real estate for quality of life or rental income.&nbsp; Then using whatever tax benefits real estate offers. 4.) Wrap any capital you have accrued in a trust so that you can give said assets to your posterity.Maybe it would be worth it for you to speak with a good accountant.When someone is killing it financially, their gain is usually at the cost of their time.&nbsp; Don&#039;t be jealous unless you&#039;re willing to sacrifice the same as they do.</blockquote>

[QUOTE="Non sequitur, post: 4665631, member: 31614"] I'm sorry but your line of thinking may be "fair" minded but it's not how things work. Tax strategies are implemented by anyone who values their time. If you work at let's say UPS, and your at top scale, $39/hr., and you choose or are forced to work 60 hours a week. Do you: 1.) Just pay your tax even though you basically worked for the government your last 10 hours of overtime. 2.) Max out your 401k to lower your tax until you're in a lower bracket. 3.) Invest in real estate for quality of life or rental income. Then using whatever tax benefits real estate offers. 4.) Wrap any capital you have accrued in a trust so that you can give said assets to your posterity. Maybe it would be worth it for you to speak with a good accountant. When someone is killing it financially, their gain is usually at the cost of their time. Don't be jealous unless you're willing to sacrifice the same as they do. [/QUOTE]

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