not exclusively for “the rich” (and there’s a huge world of difference between tax avoidance and evasion) - anyone has the right to open their own company and utilize the same strategies. It is a choice to be an employee and subject to its tax obligations rather than operate as an entrepreneur and conduct their affairs through a corporation of their own design & management.
but most “regular individuals” would prefer to remain uneducated in such details & entrepreneurship, follow the herd in a traditional 9-to-5 where they don’t have to take on the extra responsibilities, and then bitch about “unfairness” when they aren’t willing to put in the effort to level up. Granted, there are professions where more difficult to do - though plenty of possibilities for independent contractors & business for those willing to ‘think outside the box’ and make it happen.
Granted, the majority on this platform are likely libertarian-leaning, know what a racket the whole tax scheme is… though while many might hope/wish for the IRS’ abolition, it wouldn’t be advisable to hold one’s breath waiting for NESARA/GESARA to change it and would be much wiser to simply learn the game, get some proper professional counsel, and learn to play it smarter as a sole proprietor at the least…
Yeah, my bad on the avoidance and evasion term. I know there is a big difference in the legal aspect, but I was merely using the literal meaning of evasion. These 'strategies' have been set up for the benefit of the rich. Most "regular individuals" don't have, and can't borrow, the capital to start their own business.
It is interesting thought that you refer to "regular individuals" as choosing to remain uneducated. You do realize that not everyone can be or should be an entrepreneur or a company executive. The world needs all levels of profession to function properly. From the medical specialists, to the cooks, to the people who take out your trash.
big and/or bricks & mortar businesses, no. Though at least in Canada, one can operate as a sole proprietorship without any initial costs, or opening a corporation might be a few hundred bucks. As with any entrepreneurial venture, may take some hustle & grit to get things rolling at first, though especially with the availability of technology these days, accessibility is easier than ever - internet access, creativity, and a social media account… people flipping those basics into empires faster than ever. Plus with what dudes are using Chat GPT for now… my god man, the playing field has changed and is closer to level than ever. Investment of money, or investment of time into knowledge, self, and creation…
Of course, that wasn’t meant to be a blanket statement - and Hence, the “ Granted, there are professions where more difficult to do - though plenty of possibilities for independent contractors & business for those willing to ‘think outside the box’ and make it happen.”
And that’s not to imply “uneducated” is of a negative connection, but just objective when it comes to these matters. hell, I didn’t even begin to crack open awareness to these matters until my mid-thirties, thanks to the counsel of a friend / good tax pro, and it’s still been taking years to wrap my head around fully. For sure, there are many traditionally well-educated professionals with masters degrees who still go traditional employer routes and never even look into the alternative routes of conducting themselves as either sole proprietors or corporations. As well as the full-spectrum of traditionally “uneducated” doing needed & valued jobs… thus “more difficult” to do in many situations, and especially when very few of us ever have been properly financially-educated (as they sure AF don’t teach any of it in schools, and the majority don’t know, unfortunately).