What Schools Will Never Teach You About Money By Robert T. Kiyosaki


Taxes Are by Quadrant, Not by Profession


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Taxes Are by Quadrant, Not by Profession
It is important to note that taxes are defined by quadrant, not 
by profession. Again, a doctor can be a doctor in all four quadrants. 
Different quadrants follow different tax rules.
When I was in school, I asked a classmate what his father did for a 
living. His reply was, “My dad is a garbage man.” 
I did not think much about it until I was invited to his home for 
Thanksgiving dinner. Rather than pick us up in his car, his dad flew 
us to their home in his private jet, two hours away from New York. 
Needless to say, his home was a mansion.
When I inquired about his dad’s profession as a garbage man, he 
said, “My dad owns the largest garbage-collection company in the 
state. He has over two hundred trucks and over a thousand employees. 
He also owns the land where the garbage is disposed. His biggest 
customer is the state and city government.”
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Chapter Two
Unfair Advantage
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in the military, the police force, or a big company. If they are ambitious, 
they may change jobs if a better opportunity to climb the corporate ladder 
in another company appears, but before they take that leap, they make 
sure their future paychecks are secure.
Most students in MBA (masters of business administration) programs 
have dreams of climbing the corporate ladder in the E quadrant, starting 
near the top. Their MBA gives them an advantage over those who did 
not get their MBA. A few will make it to the top, becoming president 
or CEO, and will earn a lot of money. But the problem is that a large 
percentage of their paycheck will be eaten by taxes.
In the United States, the shining stars of the E quadrant are Jack 
Welch of General Electric and Meg Whitman of eBay.

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