War On Wealth – A Primer (Introduction)
War On Wealth Series
This is the first in a series of writings designed to inform, educate, and instruct you how to win this battle that you have unsuspectingly been drawn into. Obtaining Financial Independence and becoming Wealthy is simply the process of continually increasing the gap between the amount of money that comes in and the amount that goes out. It’s the amount that goes out that devastates most of us. In case you haven’t noticed, you are right smack in the middle of a war zone. Over the last century a stew of born entitlement, government inefficiencies and waste, continuing financial illiteracy, and greed (corporate and consumer) has been brewing and simmering to the point where the lid bursting from the top was all but inevitable. Well, we are at the point. At no other time in our young history (besides the Civil War) have we been in such a state. The difference with this war is the tactics used. Instead of guns the weapons of our enemies are taxes, con artists and lawsuits. Make no mistake about it, the assault on your Wealth is full and frontal. The emperor really doesn’t have any clothes.
The Assault Is Coming From All Sides:
Our Government – The weapons of choice used by our government are taxes, and lot’s of them as I wrote about in my post “the Accidental Philanthropist; but Uncle Sam, How many time Can You Tax The Same #$%@ Dollar?“. Income tax, dividend tax, capital gains tax, estate tax, income tax again on retirement plans, luxury taxes have been very effective at hammering us into submission. The falsehood is that these taxes by our government only affects the upper five percent of U.S. Taxpayers. Poppycock! Every single one of us is the target. These taxes have been sold to us by pitting us against each other so we couldn’t see what was really coming. Great military strategists have determined long ago that the way to conquer an enemy is to “Divide And Conquer”. The so called “War On The Rich” is just a camouflage designed to pit us against each other and keep you from really understanding what’s going on with our tax system. I will get off this point as this could easily be a 600 page book that would only begin to cover what needs to be talked about.
The Public’s Sense Of Entitlement – Lawsuits have become the weapon of choice for a people who have gotten to a point where the accountability, drive and work ethic has gone the way of the “Horse and Buggy”. As a mass we have contented ourselves with the belief system that “what is mine, is mine” and “what is yours, should be mine also if I need it”. If a family member comes into some fortune through hard work and opportunity we somehow believe that because we are somehow related orĀ sometime in our life we bought the person a lunch, we are somehow entitled to a “piece Of the pie”. Heaven forbid, we go through a drive-thru, buy hot coffee and spill it in our laps. Let’s just sue, it’s a great way to get some extra seed capital for the new car. Oh! this hair in my food is appalling, that ought to be worth five grand, etc. And don’t think it’s just business’s and corporations that are getting the brunt of lawsuits. Have you had what you thought was a minor fender bender lately?
Corporate Greed – Because of business inefficiencies, mismanagement, and unsustainable business systems the weapon of choice for corporations is price inflation. Prices are rising too rapidly for the consumer to keep up, which in turn causes a domino-effect of a whole lot of other inefficiencies.This one is really simple. The “Law of Supply and Demand” could easily be instituted to keep prices and check. Remember, “Divide and Conquer”.
What To Expect
These series of posts is my attempt to let The Secret out” on knowledge, techniques, strategies, and truths that you will need to not only fight this war, but win it. I am going to teach you about closely guarded financing mechanisms, estate protection and wealth preservation, asset growth and protection strategies, and tax reduction strategies that you will use to protect you and your family’s future.
Be sure to register at our blog http://leonsblog.leonwilliams.me so you do not miss any of our postings. Below is a list of posting so far in this “War On Wealth” Series. Buckle up your seat belt and hold on s you are going to get the education of your life.
Other Posts In This Series are:
War On Wealth – A Primer (Introduction)The Accidental Philanthropist; but Uncle Sam! How Many Times Can You Tax The Same @#$% dollar?
How Not To Turn $20 Into A $75,000 Disaster Maximizing The “Bank Of You Concept”; Setting Up Your Own Private Bank Life Insurance As An Estate Planning Tool Private Retirement Plans Vs. Employer Sponsored Retirement Plan Options Special Valuations For Intra-Family Transfers, Gift Taxes And Lifetime Transfers Why You Should Start A Personal Business? Advantages And Disadvantages Of Investing In Annuities How Owning Real Estate Can Help Me Save Taxes How To Reduce Your Real Estate Taxes Annuities, How They Work And Their Tax Advantages The Three Proactive Strategies Of Asset Protection Trusts – A Basic Foundation Part II: Why You Should Start A Personal Business; The Nitty Gritty On Tax Advantages
Webinar Opportunity – Minimize Taxes, Empower your Retirement, etc..
We have a webinar on Wednesday from 12:00pm-1:00pm called: “Isn’t It Time You Became Wealthy”, in which we will teach how to minimize taxes, how to make money even in a down market, and how to empower your retirement. Register for the webinar by going to http://becomewealthy.info/leon/Webinars.html
Leon C. Williams
Financial Strategist
LUCA Financial Services
leon@lucafinancial.com
blog: http://leonsblog.leonwilliams.me
Online Business Card: http://bizcard.leonwilliams.me
http://taxprof.typepad.com/taxprof_blog/2010/01/jones-war.html
http://nestmannblog.sovereignsociety.com/
http://www.dvorak.org/blog/2009/03/06/obamas-war-on-the-wealthy-is-total-bs/
http://blogs.myspace.com/index.cfm?fuseaction=blog.view&friendId=173095027&blogId=527555032
http://www.scholarsandrogues.com/2007/07/12/the-war-on-wealth-is-a-class-war-and-youre-on-the-wrong-side/
Popularity: 6% [?]
Tagged with: annuities • asset growth • asset protection • assets • credit • debrt • debt reduction • eliminate taxes • employer sponsored retirement plans • entitlement • estate planing • Insurance • lawsuits • life insurance • previate retirement plans • private bank • retirement planning • tax reduction • tax strategies • taxes • Trusts • war on wealth • wealth preservation
Filed under: Financial Services • War On Wealth • WOW Asset Growth • WOW Asset Protection • WOW Debt • WOW Empowered Wealth • WOW Estate Planning • WOW Income Growth • WOW Taxes • WOW Wealth Preservation
Like this post? Subscribe to my RSS feed and get loads more!



Leave a Reply