You need to pay close attention to three types of taxes as an investor: 1. Ordinary Income Tax. As stated, if you’re a high-income earner, your combi… - Tony Robbins
" "You need to pay close attention to three types of taxes as an investor: 1. Ordinary Income Tax. As stated, if you’re a high-income earner, your combined federal and state income taxes are nearing or exceeding 50%. 2. Long-Term Capital Gains. This is a tax on investments, which is only 20% if you hold your investment for longer than one year before you sell. 3. Short-Term Capital Gains. This is a tax on investment gains if the investment is sold before you have held it for a minimum of one year. Today the rates are currently the same as ordinary income taxes. Ouch!
About Tony Robbins
Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.
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Additional quotes by Tony Robbins
STEP ONE: DECIDE & GET THE INFORMATION YOU NEED 1. Decide what you truly want for your life physically. What is the result that you’re truly after? Do you want more energy? More vitality? More strength? More flexibility? Do you want to start to rejuvenate your body? Revitalize it? Bring more youth to it? 2. Get the information that you need. Get yourself tested, so you can maximize your energy by: Knowing whether there are toxic metals in your system that are getting in the way of your well-being. Knowing if your hormones are in balance, which can make a giant difference in how you feel day to day. And then ideally, do the things that will give you peace of mind for yourself and for your family. Get the GRAIL test plus a full-body MRI so that you can know that there’s nothing to be concerned about with cancer. GRAIL can even be done even in your home, with a simple blood test. If it’s appropriate, I would consider scheduling a CCTA Test so that you know exactly where your cardiovascular health is and what needs to be done to stay strong and healthy for years to come. Consider getting the Alzheimer’s Test so that you know if you’re genetically predisposed, and also come up with a lifestyle plan that will reduce your risk. If you do this far enough in advance, there are a variety of tools in this book that can make a difference. Who’s in your family or friendship base whom you would like to also make sure gets tested to look out for their well-being and help them to maximize the quality of their life. Last, if you want to have some fun, you can discover what your true age is. As I mentioned earlier, I was thrilled to discover that my chronological age of 62 is only 51 years biologically. I think you’ll be surprised. If it’s not where you want it to be, there are so many things within these pages that you can do to change it.