FAQ
I am in the E quadrant. What can I do to earn more and pay less in
taxes, legally?
Professional Answer from Tom Wheelwright
Not much, so long as you stay in the E quadrant. Most of the tax law is
written as a code to reduce taxes for those in the B and the I quadrants.
About the best you can do is to postpone taxes through an IRA or
401(k). The real key to reducing taxes is to move into the B and the
I quadrants.
The S Quadrant
“If you want it done right, do it yourself.”
These are the words of people in the S quadrant, regardless of
whether the person is a medical doctor, an attorney, or a yardman.
They say the same words. These words reflect the core values of
independence and lack of trust that anyone else can do it better.
S-quadrant people generally have rigid points of view on the right
way, and the wrong way, to do something. Their theme song is:
“Nobody Does It Better” or “I Did It My Way.” The trouble with
the S quadrant is that if they stop working, their income also stops.
People in the S quadrant do not own a business. They own a job.
His dad was a garbage man in the B and I quadrants. He hired
garbage men in the E quadrants and uses accountants and attorneys
in the S quadrant for specialized advice. If he had good tax advice,
paid a much smaller percentage in taxes than his employees.
FAQ
Can a person be in more than one quadrant?
Short Answer
Yes, absolutely. Technically, I am in all four quadrants. I am an E,
an employee in my own company. I am an S who writes books and
develops games on my own. I am a B with licensed offices all over the
world and more than 500 people working to support the business.
And I am an I, raising money for my businesses.
FAQ
How does a person change quadrants?
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