How the Rich Pay NO Taxes (Legally!) – Robert Kiyosaki, Kim Kiyosaki
Most people dread tax season, but what if I told you the rich actually love it? That’s because they know the legal strategies to keep more of their money—while most employees and small business owners get hammered with taxes. In this episode of The Rich Dad Radio Show, Robert Kiyosaki, Kim Kiyosaki and expert guests, Tom Wheelwright (author of Tax-Free Wealth) and Garrett Sutton (corporate attorney), break down how the tax system is designed to reward investors and business owners—if you know what you’re doing.
We dive deep into why your entity structure (LLCs, corporations, or partnerships) can make or break your tax strategy, how big businesses legally pay 20% or less while employees pay up to 40%, and why the government wants you to take advantage of tax incentives.
If you’ve ever wondered why the wealthy seem to pay so little in taxes, or how you can keep more of your hard-earned money, this episode is a must-watch. Stop overpaying and start using the system to your advantage—legally!
00:00 Introduction to Tax Benefits for Business Owners
00:31 Welcome to the Rich Dad Radio Show
00:42 The Importance of Understanding Taxes
03:30 Guest Introductions: Tom Wheelwright and Garrett Sutton
06:37 The Cash Flow Quadrant Explained
08:05 The Role of Corporations and LLCs
19:26 State Tax Laws and Business Entities
24:28 Final Thoughts on Tax Strategies
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Disclaimer: The information provided in this video 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.
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
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Thanks for knowledge keep it up😊
I know robert kiyosaki’s own your own Corp book it briefly explains more about owning your own Corp.
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That was nice show Do this again guys and Kim came soon
I think you’re forgetting about the necessity of having doctors. I want to be a doctor I’m striving to be a doctor however I’m also trying to do what you do and get Financial Freedom however I still want to be a doctor so I can help people and not just for the money
Thank you very mach. Robert , Kim Kiyosaki , Tom Wheelwright , Garrett Sutton , Thank you Return on information Thank you very much
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Thanks Robert. Tax Free Wealth and Start your own Corporation are invaluable books for protect your wealth and don´t pay taxes legally.
Thanks once again for the financial information Robert Kiyosaki and Rich Dad Team.
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