GoFuckYourself.com - Adult Webmaster Forum - View Single Post - How do you NOT get fucked in the ass by taxes? (Those making >$500,000 a year)

farkedup · 01-28-2008, 05:06 PM

send it all overseas is the ONLY option, live modestly and don't bring much back into the US ;)

No matter what route you take other than outright refusing to pay your taxes you only get taxed on the money that you bring BACK into this country and spend. Live off of $50k/yr and you pay taxes as if you made $50k... Even if you make $500k/yr if you're smart you'll still live on $50k/yr and you can either retire really early or do that for like 10 years (saving $450k/yr) then head for a 0 income tax country like the bahamas and cash out with $4.5M and keep spending minimal amounts and you can live forever

01-28-2008, 05:06 PM
farkedup Confirmed User Join Date: Nov 2007 Location: Kalamazoo, MI Posts: 2,490	send it all overseas is the ONLY option, live modestly and don't bring much back into the US ;) No matter what route you take other than outright refusing to pay your taxes you only get taxed on the money that you bring BACK into this country and spend. Live off of $50k/yr and you pay taxes as if you made $50k... Even if you make $500k/yr if you're smart you'll still live on $50k/yr and you can either retire really early or do that for like 10 years (saving $450k/yr) then head for a 0 income tax country like the bahamas and cash out with $4.5M and keep spending minimal amounts and you can live forever __________________ -- QUOTE ME IT MAKES ME FEEL SPECIAL --