Protect your retirement savings from the impact of rising taxes.
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The follow-up to the bestselling The Power of Zero, providing a blueprint to build a guaranteed, tax-free income stream that lasts for the long run.
David McKnight graduated from Brigham Young University with Honors in 1997. Over the past 23 years David has helped put thousands of Americans on the road to the zero percent tax bracket. He has made frequent appearances in Forbes, USA Today, New York Times, Fox Business, CBS Radio, Bloomberg Radio, Huffington Post, Reuters, CNBC, Yahoo Finance, Nasdaq.com, Investor’s Business Daily, Kiplinger’s, MarketWatch and numerous other national publications. His bestselling book The Power of Zero has sold over 350,000 copies and the updated and revised version was published by Penguin Random House. When it was launched in September of 2018, it finished the week as the #2 most-sold business book in the world. For two consecutive years Forbes Magazine has ranked The Power of Zero as a top 10 financial resource in the country. This book was recently made into a full-length documentary film entitled The Power of Zero: The Tax Train Is Coming. When his follow-up book Tax-Free Income for Life launched in November of 2020, it finished the week as the #3 top-selling business book in the world. He and his wife Felice have seven children.
Tax rates 10 years from now are likely to be much higher than they are today. Is your retirement plan ready? Learn how to avoid the coming tax freight train and maximize your retirement dollars.
David breaks down the Inflation Reduction Act of 2022 and how the bill will potentially curb inflation by reducing the deficit, investing in domestic energy production, and promoting clean energy solutions.
As far as Biden’s Build Back Better Initiative is concerned, imposing more taxes on individuals and couples who make $400k and $450k per year, respectively, is one of the major factors that contributed to the bill not going through.
David analyzes whether the inflation Reduction Act will increase taxes for all Americans.
David reveals the glaring errors in the proposed inflation act and whether changes to the bill will mean an end to Trump’s tax cuts.
David explains how Biden’s Build Back Better plan would have created an inflationary environment.
David demonstrates how the new tax laws are comparable to kings from the past imposing taxes on individuals based on crop yield in a matter that’s unfavorable to the farmer.
David breaks down the key components of the Inflation Reduction Act of 2022 and how, if passed, might cure the inflation symptoms we’re seeing right now.
The Inflation Reduction Act will introduce numerous government spending activities. Where will all this money come from? David believes these projects will be funded by more taxes.
As David explains, the passage of the bill will, directly and indirectly, affect all Americans, especially since higher taxes for businesses translates to higher costs for the concerned products or services.
Mentioned in this episode:
David’s books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code
PowerOfZero.com (free video series)
@mcknightandco on Twitter
@davidcmcknight on Instagram