How to earn 6 figures and legally pay zero taxes (updated for 2020)

Hack Your Wealth - A podcast by Andrew Chen

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#21: The US tax system vastly favors leisure over labor. It favors people who just own things and sit around and collect rents over people who actually do work for a living. How is this so? Because rents and returns on capital assets are taxed WAY more favorably than wages from labor. So favorably, in fact, that you can actually make 6 figures income and pay zero taxes. Every year. For the rest of your life. This would never be possible with labor wages. So in this week’s podcast episode, I’l...

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