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J
Nomad Capitalist
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Comments by "J" (@user-dy2qq5wh4b) on "3 Ways for Americans to Dramatically Reduce Taxes" video.
Or Option # 4; Set up a 1041 complex irrevocable trust system (3 trusts) and use those as the front end for business and assets (each has expenses, deductions and donates into the next. After all that, Donate the remainder into a 990 PF private family foundation and this brings things down to under 10%. Then the foundation can make loans back to the business trust to expand it and the interest rate is an expense. Capital gains have a 5 year carry over. An LLC via K1 fits in nicely with this system as well. Combine this with a whole life insurance policy and infinite banking and its bulletproof. This is what the elites do. Trusts, foundations and insurance policies.
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Im in Cabarete, Dominican Republic, and despite being a white guy here theres ZERO racism that Ive experienced. People are just people here and not identified as even being black or brown...they just live life....and there isnt all these whacky Ego identities. The big mistake with the left is thy dont have a God as the foundation. therefore not viewing oneself as an energy inside of a avatar spacesuit shell they think theyre the material body itself, and therefor all these identities follow...skin color, 100 different genders, self mutilation sex changes, woke intersectionality and so on....I will say its very refreshing to get out of CA & NY and be free of all that BS. https://www.americanthinker.com/articles/2021/04/does_woke_intersectionality_require_individual_rights.html
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