Did you know that the average American works approximately “5 Months” just to pay their taxes? Plus, did you know that when you start your own home-based business, you could save an incredible amount in taxes over the course of a year?

As promised in this video, the current Business Mileage Rate for 2010 is $.50/mile.

Let us take a look at how the Rich save on paying taxes vs. the Poor and Middle Class.

• The Rich own companies/corporations and other businesses which are assets.
• The Rich spend their money through these entities first to buy more assets and then they’re taxed by the government on whatever money is left over. Then buy liabilities.
• The Poor and Middle Class mostly own liabilities and very little in assets.
• The Poor and Middle Class are taxed by the government FIRST and then spend whatever money is left over.

Do you see the major difference here? Read more…

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