Mark J. Kohler

speaker
651 appearances 4 recordings 3 series first heard Apr 2019 last heard 10 Jul

Mark J. Kohler’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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It's easier to save money than make money.
Yeah, that's true.
What kind of tax brackets should the average small business guy be in?
There are seven tax brackets out there, and the highest being 37.5%.
No one pays in total 37.5% in federal taxes because
because it's graduated.
When we have brackets, that's our bracket on the next dollar after a certain limit.
Once everybody kind of gets that, that this is a graduated bracket, that's point number one.
Then what we want to look at is what is your effective tax rate?
After we take all the killer write-offs we can think of, lots of options, what's that effective rate?
And for some people, it could be zero.
For others, it could be 35%.
Now, it is generally true, the more money you make, the more tax rate you're going to pay, a larger percentage of your income in taxes.
But then we've got strategies and
For example, why Trump was such an anomaly and he really wasn't, it's just the Wall Street Journal wanted to point this out, is that he is a real estate professional.
I've got his tax return here on my laptop.
I got Joe Biden's and his from 2016.
He was a real estate professional.
Now, you talk about it here on your show all the time.
If you want to invest in short-term rentals, long-term rentals, do real estate and deploy money in real estate.
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