TAX TUNE UP 011: Does Your Money Need a Passport?

A recent report shows an even bigger divide between the rich and the poor, but U.S. citizens may be able to use a tax plan to bridge that gap.

Key Takeaways:

[:21] What is the solution to economic inequality?

[1:00] New research shows that the rich hide more of their income to avoid taxes.

[2:06] Socialism doesn’t fix the problem.

[3:14] Norway’s wealthiest families keep a third of their money offshore.

[4:05] 95% of people in a recent study did not report the money in their Swiss bank account.

[4:45] The U.S. is considered a tax haven by many foreign countries, and we have many options for saving money on taxes. Call Financial Gravity when you’re ready to start paying less.