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Ep. 2352 The 2023 Economy, and How Not to Get Demolished by It

The Tom Woods Show

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The Tax Advantages of Freelance Work

As a freelancer, almost everything you do that can be related to the business is a tax write off. Microsoft and Google paid zero federal taxes because they had reinvested that money back in developing their business,. So operating as a business has enormous tax advantages. If I make $10,000 extra, I'm still paying 37% of that or actually a lot less as a freelancer.

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