The power of the corporation's history of tax

The power of the corporation's history of tax

Rich Daddy says. That the beginning of tax in England was temporarily implemented between 1799. And in the US, it was implemented between 1861 and 1865. It was set up to raise money in the war. But in the year 1874 in England and in the year 1913, America was permanently enforced. It was applied to the principle of Robinhood. The aim of taxing was to punish the rich peoples. That's why poor and middle-class people supported it. When governments felt the need for extra money for development, then it was implemented on middle class people too. In such an environment, to show the way to the corporation to avoid the rich peoples tax. He saved tax through the corporation. Then the government applied it to poor people to get more tax. In this way, the understanding of doing taxes on those who supported tax has come.

Corporation is not a building on which corporate is written or not. Corporations are only a file. A government department or a lawyer lives here, in fact the history of the corporation is too old. These were popular in the days of water vessels. The rich used the corporation to limit the risk of the property of every seafront. The rich people used to put their money in the corporation to raise money for every seafront. Then this corporation recruited sailors to search for treasure in New World. If the ship was submerged, the sailors would have been killed, but the wealthy people suffered only because their money was immersed in what they had given for that voyage. This picture shows how the corporate structure sits outside your income statement and balance sheet.

In short

The rich people of the corporation

1 Earns 

2 spend 

3 Pays tax 

Employees working for corporation

1 Earns 

2 pays tax

3 Spend 

I have taken it from Robot T. Kyosaki's book 'Rich ded Poor Ded'. If you want to read and buy this book. Then click on this release.

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