My First Million
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The US tax system intentionally favors business owners and real estate investors
Evidence
Significantly more deduction categories, depreciation benefits, and exemptions available to business income vs W2 income
Implication
Anyone optimizing for wealth should seriously consider business ownership over employment
Counter Belief
W2 employment provides stability and benefits that offset tax disadvantages
Example Application
Software engineer evaluating whether to become independent contractor to access business tax deductions
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Find and manage a proactive tax professional who provides strategic value year-round
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the US tax code is rigged in favor of business owners
The American tax system intentionally provides significantly more tax reduction opportunities for business owners compar