Tomorrow is April 15th, better known as Tax Day.
I imagine there will be plenty of news stories about
last minute filing, and almost all of the stories will
be crying the blues.
Not me.
Nope.
I'll be celebrating the fact that I wrote a HUGE check
to the Internal Revenoovers. And when I say huge, I
am not fooling around. My tax liability last year was
well into seven figgers.
But I'm glad to pay, in fact, I'm ecstatic.
Paying your taxes in the United States is a great
thing. It's great because if you pay a tax bill as large
as mine, it means you're making some mundo, and
your business is very healthy.
Those are both good things.
Where else but in the United States could you go
from being a salaried employee who made fair money
to a business owner who does very well in the space
of four years?
And although evertybody complains about our high
tax rate, compared to the rest of the world what we
pay is pretty low.
Just ask the British, the Swedes, the Danes, and
the Germans.
Their taxes are so high their economies have been in
the toilet for years and years. They pay anywhere from
54 to 90% of what they make in taxes.
We don't pay anywhere near that, and yes, I'll admit
that some of our tax laws are goofy and need to be
revised. There isn't a system on earth that couldn't
be better.
But generally our system works pretty well, which is
a lot more than can be said for others.
The people that really understand wealth know that
paying our taxes is a priviledge and an honor. I've been
around many who will brag about their tax bill, and I've
heard some pretty astonishing numbers. Most of them
pay more than any 500 people you could select at random.
In fact it's way more.
One guy I met recently pays more in taxes than my
business grosses. You think that maybe he is a mega
successful guy?
There is no doubt in my mind.
There is a old saying saying that says "the only thing we
can be sure of is death and taxes."
We could add to that, "He who pays a lot of tax lives a pretty good life."
From the big saddle,
Jim Whelan
P.S. The quickest way to get wealthy and pay
more taxes is to spend your money at The James R
Whelan Agency, where we find you the customers
that have the money to spend on your product all
year long. 206 407 3124
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