"When taxation becomes onerous to the point where government officials sense rebellion, they always resort to the exceptions to the rule. They invented “Qualified” pension plans, 401(k)s, and IRAs. Can you believe it! The lawmakers create a problem by spending money that they do not have which results in strangling taxation —— and then they create a solution in the form of an exception to the rules they created. The natural result of such a process is a system in which the government controls everything you do, and they can, and will change their mind upon the slightest whim of the times. And they keep changing the rules so that it looks like they are trying to ‘help you out’.”

- Becoming Your Own Banker - R. Nelson Nash

Connect with Doug MacKenzie:

Website: Control Capital Solutions

Email: [email protected]

 

Connect with John Fox Ward:

Website: Nash Cashflow - The Nash CashFlow Group

Email: [email protected]