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May 7, 2025 29 mins

What if everything you’ve been taught about taxes is wrong?

In this episode of the Rich Dad Radio Show, Robert Kiyosaki is joined by longtime Rich Dad Advisor and CPA Tom Wheelwright, author of Tax-Free Wealth. Together, they expose one of the biggest financial truths most people never learn: the tax code isn’t a punishment—it’s a series of incentives designed to reward investors, business owners, and those who create value.

You’ll discover why employees and small business owners often pay the most in taxes, while big business owners and insider investors legally pay far less—or even nothing. Tom breaks down how the rich use the tax code to build wealth, and how you can start doing the same… legally and ethically.

Whether you're a W-2 employee, a solo entrepreneur, or ready to invest in real estate or oil, this episode gives you a roadmap to start making smarter financial decisions—and keeping more of what you earn.

00:00 Introduction
02:21 Tax Strategies for Different Income Groups
03:56 The Benefits of Being an Insider Investor
07:16 Historical Context of Taxes and War
11:55 The Importance of Tax Planning
16:02 Tax Strategies for Different Income Levels
17:18 Investing Like a Big Business
19:57 The Impact of Tariffs on Investments
22:33 Franchising Tax Advisory Services
26:28 Final Thoughts on Tax-Free Wealth

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Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

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