We live in capitalist countries.

You are allowed to own and operate your own business.

As a general rule, a business has to be engaged in the work of generating a profit.

If you don't want to be generating a profit, then you want to operate a charity.

As a general rule, money used in the act of generating more money is considered an expense, and expenses are legitimately deducted from the income of the enterprise before income taxation is calculated.

It is not entirely correct to say that Amazon pays no taxes. In fact, a corporate entity should structure it's financial affairs to maximize the reinvestment of any earnings in such a way as to minimize any possible taxation, while maximizing the ability to earn future revenue.

That doesn't mean it is not generating tax revenue. All of the employees are paying income tax. All of the shareholders are being taxed on their dividends. There are capital gains taxes, sales taxes, property taxes, excise taxes, import and export tariffs, and a thousand other taxes and fees. A giant corporation is a giant tax generating machine, even if the corporation itself is losing money. As long as it operates it is generating taxes.

As an individual, I prefer to work for myself, and write off my legitimate expenses against my gross earnings from work. That doesn't mean I am not working for others. I am simply not working for others as their employee. Since I retired, that doesn't mean I no longer work. It only means I am no longer getting paid for my work. I still work how and when I want to or have to, and I am still paying taxes, just like everybody else.

You can't just not pay taxes, it's automatically deducted from your pay and you have no control over it what-so-ever. You can't even stop yourself from "over paying" your taxes either, so what ever you "over pay" with is taken as an "interest free loan" to the State that the State does not have to pay you back for.

The cap taxation for me is around $2,400, last year I was taxed at $4,300, so when I did my tax returns they only sent me back $1,100 which is bullshit. Apparently if you are single, not married, have no dependencies, you are punished with some bullshit penalty I wasn't aware of so that's why my tax return was so low instead of getting back at least $2,000, I got a measly $1,100.

So yeah, unless someone can fucking tell me, finally, how or where I'm able to have control over how much in taxes I'm paying when Walmart automatically deducts it from your pay, that'd be great.

This video was a whole lot of talking with out saying anything at all. Was the core message to save money and use it to invest in the s&p 500 or start a business? No fucking shit motherfucker, this isn't rocket fucking science.

https://invidio.us/watch?v=fq3FN9Ml0MA :

Personal Finance: How to Be Financially Independent: Use The Economic System to Your Advantage - YouTube

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