Rich Dad Advisor Tom Wheelwright says that the U.S. could become a tax haven. We discuss other potential tax changes that President-Elect Donald Trump will make. Keith also recaps what happened in financial markets this year: real estate, stocks, gold, inflation, dollar index, interest rates and more. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week’s show and learn:
01:42 This year: real estate up, stocks up, gold & silver up, dollar index even, interest rates up, inflation up, autonomous cars hit streets, Chinese yuan into IMF, Brexit, Trump election.
06:36 Robert Kiyosaki and Harry Dent predictions.
09:48 Donald Trump parallels with Ronald Reagan. No individual income tax reform in first term.
12:53 Tax rates won’t go up next year. Oil & gas tax benefits will be retained or expanded.
14:11 Carried interest.
17:59 Trump’s company lobbied for the “real estate professional” tax designation.
21:28 Limit on itemized deductions coming?
23:32 Expect U.S. corporate taxes to be lowered down from 35%.
28:25 Trump wants a 15% “business tax rate.” Amnesty.
30:03 Why is the U.S. successful with such high corporate tax rates?
31:10 Tom Wheelwright: The U.S. could become a tax haven!
32:37 How will we pay for tax reduction? Not growth, but even more debt.
34:08 Financial crash implications.
36:52 Here’s how you can act now.
40:37 Keith: Let’s lower tax rates, and increase the number of taxpayers.
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