How to AVOID Taxes... Legally (Do This Now)

[@CliveBirse]

The utilization of after-tax money and tax-free growth makes opening a Roth IRA very advantageous. Through a careful guidance of my FA, I did not pay taxes on my withdrawals of $2.86 million when I retired.

[@lastspring]

5:22 That knock made me stop the video and look to the wall. Well played!

[@VincentChan]

Haha thank you :) What did you think of the video?

[@ChinoMagliba]

Bruuhhhhh! 😂

[@ulianli1110]

"Contributions to the solo 401k plan would be based on your net self-employment income." It will not reduce any of the W2 taxable income. If these money are from self employment, people can invest all the them into real estate and charge it as business exp, then get home load + accelarated depreciation

[@RS-lw9cd]

Great video and explained well. One thing you did not go over is qualified dividends. Qualified dividends are tax advantaged the same way as LTCGs (long term capital gains), and they use the same federal tax brackets of 0%, 15% and 20%. In my taxable account(s), I only buy qualified dividend stocks. I avoid non-qualified dividend stocks in my taxable accounts because those type of dividends (non-qualified) are taxed as ordinary income. Non-qualified dividends are usually paid by REITs, BDCs, and MLPs/LPs, so I avoid those in my taxable account. Qualified dividends like LTCGs are tax advantaged (taxed less than non-qualified dividends). It can make a significant difference in your federal income tax liability. If you are in a low enough tax bracket, there will be NO federal tax liability (just like LTCGs). For instance, a couple (married filing jointly) can make up to $123,250 in qualified dividends in 2024, and not pay any federal income tax. The LTCG (long term capital gains) and qualified dividend federal tax table shows that the tax bracket from $0 to $94,050 rate is ZERO for tax year 2024. So, if a couple made a total of $123,250 in qualified dividends (or LTCG), and had no other income, they would deduct their standard deduction for a MFJ couple of $29,200 to stay within the zero rate tax bracket ($123,250 - $29,200 = $94,050), and thus, have NO federal tax liability. If the couple had all ordinary income (non-qualified dividends or any regular income) of $123,250, their federal tax liability would be $10,822. That is a HUGE difference ($0 vs $10,822). This would be an extreme case and most people will have multiple forms of income from like a job, interest, pension, etc., which will create some federal tax liability. However, even if a portion of the $123,250 is qualified dividends, that will still save you money in taxes.

[@VincentChan]

thank you for sharing :)

[@mytravls]

Can you pls share some of those ticker symbols that offer qualified dividends? I’m on Fidelity and can’t find them.

[@RS-lw9cd]

@@mytravls Fidelity has a web page on qualified dividends that you should read. It sounds complex, but it really is not. Non-qualified dividends are usually paid by REITs, BDCs, and MLPs/LPs. So if you want to avoid non-qualified dividends, avoid these types of stocks. Here are some examples of companies that pay qualified dividends: MCD, ABBV, V, HD, MSFT, AAPL. I am NOT recommending any of these stocks. I am only using them as examples. In your process of selecting any perspective stock that you might consider buying, do your own due diligence by doing research and analysis in making sure it is a stock that fits your own criteria.

[@TheOriginalLoca007]

Yeah make a video going into depth of this option

[@Dianawales]

Most normal company stock dividends are qualified if you hold them the qualifying amount of time. You basically qualify them by holding them. Just look up the exceptions like foreign stocks, employee dividends, etc..

[@JulianBenjamin3d]

Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

[@dealforbet8888]

I appreciate the breakdown of qualified dividends vs non-qualified dividends, really helps understand how to save on taxes. Thanks for the info!

[@City-Hiker]

The more money you spend on tax deductible investment products, the lesser tax you pay. You will consider either a standard deduction or item deduction depending on which one is more beneficial to you. Logically, you may hold the stock for more than 1 year, but you also taking risk during that time because you don’t know if the stock will keep going up or down. You ultimately need to balance the risk and benefit between saving the tax or taking the market risk.

[@tonythaiger93]

US citizens living abroad can pay 0% tax making $270K as married couple filing 1040. Absolute freedom from taxes :D

[@BlitzOfTheReich]

they would still have to pay local taxes.

[@girmabekele2901]

@@BlitzOfTheReichthey can live and established company in TAX FREE COUNTRIES LIKE UAE,FREEZONE.

[@BlitzOfTheReich]

@@girmabekele2901 that wouldn't work. I am a US tax accountant and handle international engagements. You would still potentially be hit by taxes if caught parking money abroad.

[@amyhoang9140]

How about for singles, someone told me once it's $60K or less. Is it still true?

[@CodyHurstOfficial]

LOL. Not sure where you got this info unless you are a non US citizen. The IRS will find you and extract their money from you. 270K huh LOL good one.

[@jasonsilvia8401]

according to the government website how would this interest rate arbitrage work maybe I am reading this wrong but "SBLOCs are non-purpose loans, which means you may not use the proceeds to purchase or trade securities." If I am reading this correctly the example you used would not work as, according to the line above you cant use sbloc money to buy securities aka stocks. Please let me know if I am not understanding all of this

[@natalieodisho7264]

The data visualization for step 1 was brilliant

[@JackieHearts]

Great video. I’m new to filing tax for my family so thank you for teaching me this

[@jamesodell3064]

Great video. My only issue is with the 3% interest rate you showed for the SBLOC. The interest rates I saw for loans a $100,000 loan ranged from 8.5% to 10%.

[@terenceada9140]

Tax loss harvesting and charitable gifting may also be useful for some folks. Great content. Cheers!

[@CodyHurstOfficial]

Never understood the chartiable giving. That just means you gave money away and aren't taxed on it. You are still out the money.

[@user-fc2xk3uv8y]

​@@CodyHurstOfficial the reason why people don't understand it is because people don't realize people give just because they want to give. yes you're still out the money but it's not about making sure you keep money in that case. it just happens to come with a tax deductible because the government wants to encourage behavior they want to see. so they reward you with a smaller tax bill. yes you definitely would end up saving more if you just didn't donate but it's not about that.

[@Linda.xing-tj2fh]

the complexities of avoiding taxes legally poses challenges, considering the ever-evolving tax landscape. While tax optimization is a legitimate financial goal, it demands careful planning to comply with existing laws and regulations. Utilizing deductions, credits, and exemptions requires a nuanced understanding of the tax code, making it essential to seek professional advice.

[@HippieP629]

Yea I started thinking that. No offense to Vincent but I think I'd go to a CFP or equivalent

[@JeffTeeples]

Great video Vincent! This is very important, and misunderstood, information.

[@asvdavis]

right in time as I patiently wait for vanguard to get my documents together 🤪

[@UltrazRath]

I thought u couldn't use sbloc loans to buy stocks.

[@gnagyusa]

No, your friend was right. You are leaving out the human cost. It's not free. You work harder and you go through a lot more stress in a higher-paying job, but the law of diminishing returns kicks in as you get into higher and higher tax brackets. Above around $300k/year, it's not worth the extra stress and the cost to your health because most of the extra money will just go to the government. I had a job that paid high six figures, but it was near-panic-attack level stress all the time and barely any sleep. I'd rather take a job that pays 1/3 that, but with a lot less stress. And my take-home pay will be not 1/3rd, but more like 45% of the other job, because of the lower tax bracket. And I'll live longer without all that stress.

[@MarcussBakerify]

I’m confused on the long-term capital gains tax. So you use your already taxed income to buy stock, wait a year, then pull it back out at a lower tax rate? If it was already taxed when purchasing, how am I saving on taxes? The only pretax money I can invest has to be retirement accounts, correct? And I certainly can’t pull from those after 1 year.

[@foodlover8151]

Happy New Year, Vincent!

[@VincentChan]

thank you! happy new year :)

[@asvdavis]

This is super helpful! Thanks, Vincent.

[@VincentChan]

thanks so much :) did u learn anything new?

[@yoyosssss]

Is the whole SBLOC thing only for those who already have a lot of money, or can the average person take out these loans? I feel like the average person can't get loans against their stocks at 3%? Also, the short term / long term capital gains tax, does it only apply to stocks? How about ETFs, options, index funds, etc?

[@goldengriffon]

SBLOC loans do require a bunch of money, yes. For instance, Fidelity requires a minimum of $500,000 in assets be pledged to obtain a minimum $100,000 loan. As far as capital gains taxes, it definitely applies to all investments (things that are regulated by the SEC). There might be some things like unregulated collectibles that it doesn't apply to. Like making a profit trading Funko Pops. 🙂 But don't quote me on that.

[@a1onso427]

Short and long term cap gains do apply unless it’s in a tax advantaged (qualified) account. Examples of qualified accounts are Roths, 401, 403b/c, or traditional Ira

[@savagebeastking8703]

Great video

[@Daaannn-g6k]

The rise in tax rates is why I decided to roll over my 401k to a Roth IRA. I don’t want to be 59 and paying taxes on withdrawals from my retirement account.

[@LuCaMW31]

I got separated, still in married, I rent, he kicked me out, no dependents, and I don't know anything about taxes...😕

[@Phetsbackyardgarden]

Try to put your money into 401k or other IRA accounts as much as possible ( there’s a limit). The goal is to reduce the amount of your taxable income.

[@SauloMogi]

How to avoid taxes on dividends after the max bracket. Dividends don`t usually have many deductibles right

[@suzanx]

I'm watching this at midnight and that knock on the door scared me. What the heck!

[@sunsetkizz1]

This was so helpful. Ty 🌸

[@RRonnieDSILVA]

I run a business with 30 employees in New York, the parent company is headquartered in Seychelles (owned by me). I send all the surplus income to the parent company and get a write -off in the US. There you go - zero taxes. :)

[@vasocreta]

The big issue that most of us have, though, is that we need our money now to pay our bills. Unless I'm missing something, one really needs to make a significant more than their actual cost of living to save on taxes. Essentially, lowering your taxes is about lowering taxes paid on disposable income.

[@lc8602]

As always very informative video. Thank you!

[@kpop863]

so basically have all your money going to an entity other than yourself. where they can use it and benefit from it. as if you can afford these days to have hundreds of dollars removed from your pockets. and in some cases never even see that money. outside of a 401k you can keep the rest

[@erickgreen2361]

Or you could learn to be a very good liar....

[@JenniferAguilera]

can you talk more about filing for both a 9 to 5 salaried job but also having a side hustle, the process of making the side thing (social media consulting) an llc/s-corp? i know theres a self employment tax and i think that gets pushed aside if youre an s corp because you can salary yourself. but what if your side job isnt as 'scaled' yet, like can you still pay yourself a salary and have a reserve untaxed? does the side hustle money get added to the 9 to 5 as a whole income? or is it a separate thing? pls let me know if i should clarify! :')

[@JenniferAguilera]

like i do freelance work and its not as big of a thing yet. i am thinking about just adding more clients but obviously dont want that ALL to be taxed as like its going all to me, if theres a way to strategically s corp it and deduct things because i use my home office, tech etc. im hoping to get a better understanding of how people with 9to5s and side hustles do taxes before i jump into getting more clients. thank you!!!

[@akinneyww]

The video effect that makes your text and charts appear out of focus around the edges is distracting. Wasted some time trying to figure out if I had suddenly developed a vision problem. At 0:58, for example. Hard to enjoy a video that makes you wonder if your body is breaking down.

[@triple_gem_shining]

Great video

[@VincentChan]

Glad you enjoyed it! Did you learn anything new?

[@CC-mi8cu]

Why does the second bucket max out at $33,725 instead of the $44,725? 1:39

[@notsiehI]

I think that’s after taxes

[@CodyHurstOfficial]

Better question: Why are the dollar amounts arbitrary?

[@dre5229]

What I find odd is how so many people believe the more jobs they have will cost them more in taxes. Then I spend a while explaining it’s your total income that matters and their w4 is probably not reflecting what it needs to.

[@Americansikkunt]

7:00 in this example is the $40,000 total income or $40,000 above the 0% bracket?

[@MichelleVoegtline]

Sbloc is dangerous unless you have a lot of money in stock. Should only borrow no more than 20% of stock portfolio.

[@explorarehoy]

Can you do a video with tax cut for retired fed employees? Thanks

[@serendipity1328]

Can you talk more about SBLOC on how and where to request for it, whats the process, duration, etc?

[@mytravls]

Yes! Can you also share what are the typical interest rates compared to what is offered in the market? For eg the rates are as high as 6-% how much lower? What should be the DTi?

[@CynthiaGary343]

I'm so happy I made the best decisions by having a good investment, Recently I was able to acquire my third house even as a single mom at 42 and I believe if things keep going well I would retire early.

[@CynthiaGary343]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver

[@LeoGraysonn]

Wow, so you achieved all that through the help of Mr. Jihan Wu? That's impressive because I have heard so many good things about him

[@Alisalmanjiwani]

How can I get in touch with this advisor as my portfolio isn't doing well?

[@PaulaAdrian.]

The internet is filled with so many useful information about Jihan Wu.....

[@AntonioRuben.]

Jihan Wu's proficiency in technical analysis has served as a beacon of hope for me esp during the heavy bear market last year.

[@Lenney97]

Great video. But as a day trader, I won't have long term capital gains. All is short term

[@VincentChan]

you don't have any long term investments?

[@JillsHouse]

The sbloc loan is buying stocks on margin debt, which would trigger margin calls when the stock market crashes later this year.

[@a1onso427]

Buy another security or just diversify then if you’re that risk averse

[@randyvictor4824]

Please help me with the details of where can I get sbloc loan for 3% ???

[@jacobcutrer]

When you explained the zero taxes with selling stocks I was like Oooooh.

[@jameskilrain38]

Am looking forward to hearing that as long as it is legal.

[@diantevonberg6293]

for the SBLOC method, the loan would be tax free but how would you repay it every month or once a year off of the 10% stock growth without incurring taxes on that? If you were to sell the $100,000 of stock you bought using the loan you would owe capital gains no?

[@muskreality]

I played this video and immediately I heard a knock on my door only to meet two armed IRS agents telling me not to f around and left

[@VincentChan]

LOL

[@veronicasmemories]

a lot of great info. I changed my retirement contributions to half roth and half 401k and unfortunately I had to pay taxes this year for the first time.

[@VincentChan]

thank you veronica! how come you changed your contributions to half?

[@veronicasmemories]

@@VincentChan because this is the least amount of money I want to make but the most I've ever made. I couldn't decide where to put my money so I just did half 401k and half Roth

[@gamereditor59ner22]

Interesting.....🤔 Thank you for the information!! I have a question. Is possible to take out, let say, $200 every other week while working a decent job and the end of the year to open a different banking account as a personal retirement account, not to use at all until, to place the amount of $200 that have been collect?....🤔

[@VincentChan]

Do you mind rephrasing the question? I'm slightly confused D:

[@gamereditor59ner22]

@@VincentChan I apologize. Is it possible to make your own retirement account by creating a bank account in a different bank after withdrawal $200 from the primary bank account every other week over for 10 years?

[@JennyLouRN]

@gamereditor59ner22 I think you might not understand. I think it would be a good idea to read up on some basic retirement funds. But yes, of course you can make your own account at a bank and withdraw it whenever you like. You will pay tax on the interest, which may not even keep up with inflation. Traditional and Roth IRAs, 401(k)s, and other retirement funds can defer or eliminate some taxation, and certain funds can earn 10-20-%, much more than a savings account.

[@gamereditor59ner22]

@@JennyLouRN I actually understand the basic of retirement accounts, such as IRA and 401K. It is the matter of diversified your money in case of situation happen. For an example,if possible, one of the account is hack. I don't mind paying taxes from the bank account I use and investing conservatively.

[@smoothboye4203]

Get paid. Pay taxes. Pay bills 😢

[@stephnejele2483]

SBLOC proceeds can't be used to purchase securities.

[@mikeherring9231]

How is the first item a "strategy"?

[@OthelloSuge]

Thanks for the analysis! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

[@jhasemi]

What if one takes SBLOC loan against TSLA and stock drops by 50%. Doesn’t this trigger a margin call?

[@anthonyperez8717]

If you make a 100,000 a year, how can you spend 82,000 and reduce your taxable income to 11,000 to be in the lowest tax bracket. That doesn’t make sense to me. Can somebody explain? Why wouldn’t the 82,000 be taxed and since you would be spending it before you had it, does that mean your 82,000 in debt?

[@timothydevries383]

Yea... margin loans are super risky. Almost everyone with these, including me, was burnt on these during a big downturn like the GFC. Margin calls happen, and you'll be selling the shares you paid cash for.

[@VincentChan]

thanks for sharing timothy! what did you use your loans to do?

[@hvguy]

Great vide! Unfortunately the font instantly gave me a headache 😂

[@mjg239]

Could someone simplify this? I didn't understand anything he said. All of these concepts are way too complicated and went over my head. Could someone, anyone offer a simple summary? 🙏🏽

[@VincentChan]

which part? happy to elaborate

[@meadowfjordside2825]

Look elsewhere for reliable information on this subject

[@heathalexander9643]

If you didn't understand this video you should just pay someone to manage your money and file your taxes for you. This is all basic stuff.

[@viggolito]

Just found this channel, loving it =D i've been trying to make sense of the top PE-firms ownership structures but it stops at vanguard group.. since you talk about them often, can you try to make sense of it? 4% to 20% from 2000 to 2021 peaked my curiosity ^^

[@jamielynch422]

Thanks for the information. I thought the ROTH would not come off the top if you made over a certain amount of income.

[@kindree5414]

Hello, I am filling out a CSU application for college and it is asking me to input my Parents' adjusted gross income (AGI) for 2022 and my Parents' untaxed income and benefits for 2022. I know the AGI can be found on line 11 of the 1040 form on the 2022 Individual Tax Return, but I want to confirm where I can find the amount for the untaxed income and benefits? Is it line 2a where it says “Tax-exempt interest” or is it line 2b where it says “Taxable interest”? Line 2a is blank, but line 2b has an amount. Which one would I put? Thank you!

[@iseeyoo9729]

breakdown: get rid of pay before you get your net pay.

[@HammadKhanYT]

Should mute that know at @5:22, can mislead people. I thought someone was stocking me.

[@WildDisease72]

401K also help market go to new all time highs since there are buyers every Friday

[@martinxian6023]

So SBLOC is basically margin?

[@ssgg23]

Can I open a solo 401k for rental income? I was seeing some mixed results online

[@vandydandy2697]

All I see is a turbo tax ad. The entire video.

[@rongendron8705]

I didn't open 457B & 401k's plans, until I was in my 40's & now regret doing it, in my 70's! Now that I & my wife both get pensions & Soc. Security, we now have to pay tax on the RMD's, i.e. required minimum distributions, at a much higher rate on that money, than had we paid the tax when I earned it ,30 yrs. ago!. To solve this problem, the IRS should tax RMD's (separately), at a fixed rate, like dividends & then added to your current income! Be fair!

[@VincentChan]

Ahhh that's tough, sorry to hear that :( Was it a matter of not knowing 457B and 401k plans existed?

[@a1onso427]

I’m not sure if that makes sense. You’re taxed at ordinary income for withdrawals of most qualified accounts that you mentioned. Depending on the size of your RMDs and Pension it shouldn’t be close to more than the income tax rate on the contribution plus accrual of capital gains on the securities in those accounts over the 30 years. Also, the value added from a 402k match… There are almost no cases that that happens unless you consistently lost money and made early withdrawals for reasons without exceptions. (Probably not your case because you’re taking RMDs) You probably did it the right way but the numbers get a bit unclear if it’s not what you look at every day. A flat tax may seem more advantageous, however progressive taxation is the way to go so people that shouldn’t be taxed at all and are struggling can take home as much as possible. Nothing is perfect haha. You know what they say, nothing is certain except death and taxes, with both usually being unfair haha. Source: I work in retirement planning / consulting

[@darkminatozaki]

do I need to open LLC to open solo 401k?

[@oraciovieyra8711]

So why do l get penalized for using HSA my tax preparing said it was because l used it before my age so why used it if l get penalized and my taxes Got higher because of that

[@BencerCourt123]

Be a billionare, pay lobbyist to write law, insert smallprint that applies to your tax only, pay zero taxes

[@Cantetinza17]

You can also donate to charity. It helps a tiny bit.

[@CodyHurstOfficial]

So instead of being taxed, you just throw in the towel and give away your money. Great job.

[@DummyAccount-z7s]

I think HSAs are some of the most under-utilized accounts

[@MrThyten]

why is there a naked person in the corner ? 5:22??

[@rostyloco1]

you already know he knows whats up when he keeps mentioning you own tesla stock. :)

[@jessicachiu2385]

7:03 40000-6000 = 34000

[@tretre4435]

I appreciate the explanations... However this still went over my head🤦‍♂️

[@VincentChan]

which part? happy to elaborate

[@tretre4435]

@@VincentChan too many numbers, too fast. It's a me problem. I'd need to watch this multiple times and take notes

[@VincentChan]

@@tretre4435 take another look and let me know which parts you want me to explain further :)

[@AnonVideos]

If you get a raise, and you are divorced, your ex may petition the court to change the % responsibility which may result in you keeping less of that money. Depending on your circumstances, earning past a certain point may make you no longer eligible for certain programs, which may cause you to keep less money. Just because it’s logical does not mean that’s the way it really works 😂

[@Touspourun1987]

Funny how the IRS tells taxpayers in the Form 1040 instruction book that the tax system is voluntary.

[@khalidhassan9423]

taxes are ridiculous and confusing as shit

[@jameskilrain38]

Yes.Great for tax preparers who want business.

[@ikyiAlter]

He forgot to mention the secretary probably makes wayyyyyy over 6 digits. Lol

[@ayoobi1691]

So if you make 40k in a W-2 job and then 20k from selling a long-term stock, then does the total 60k get taxed as ordinary income, or does it get taxed as 60k of capital gains?? Or does the first 40k get taxed as ordinary income, and then the next 20k gets taxed at 15% capital gains since that 20k was brought over the threshold into the 15% bracket by the first 40k?

[@Max-nt7ho]

What’s a “Solo 401K” account? Anybody can open one? Does it take after-tax contribution? Thx.

[@Max-nt7ho]

Never mind, I took back my questions. I found my answers online.

[@BeyondPC]

Fiat currency is a debt apparatus. If you are 'paid' in debt you don't have an income you have a loss. You shouldn't be paying taxes on losses that is crazy.

[@halo199393]

iRA is lie there is income limit.

[@bermlee]

I have a suggestion: please don't use the chromatic abberation lens blur filter in your graphics. my eyes were going crazy trying to focus and refocus on your text until I had to look away for most of the time and glance at it

[@maryfreedom5]

But, why NRA SMLLC must pay 30% taxes, when earns are from US soures, that's doppel from americans.😮

[@CodyHurstOfficial]

LOL. Step 2, put a portion of your money in an account you can't touch, thus you can't spend it, so how is this avoiding taxes on USABLE money. Answer: you can't. Any immediate money you earn and get in your checking account to spend is taxed, no way around it.

[@ulianli1110]

for high income earners, IRA deduct=0

[@duancoviero9759]

The only way to pay less tax is to be extraordinarily wealthy

[@NotYourCheese23]

This is not correct. You can leverage tax advantaged accounts for retirement even if you are making only 40K a year

[@slabbygabby]

That's not true

[@letsgetitgaming3812]

Only way to pay less is to know more. Intuit has a free tax course, or you could pay an expert 🤷🏽‍♂️

[@pdxmusl1510]

Yep, I agree with others. You don't need to be wealthy. It's how you become wealthy. The system favors people who work towards wealth and increase the market. It doesn't reward people who just want to sit still and do nothing.

[@willipad2277]

This guy has a great mindset

[@ADKBuddy]

🐐

[@VincentChan]

Haha thank you! Did the video help?

[@kaiung7542]

I owe $8,000 in taxes this year to the IRS. Blah

[@valberlin9239]

The entire American financial system is designed to give more to the ones who need it the least. Ok, good night.

[@michaelperez3887]

You wonder why he crash his place in the IRS building.

[@MtnBichael]

So this is relevant for anyone who makes under 40K a year..

[@ikeepcontent]

I haven't filed taxes in 20 years because I owe 11,000 dollars child support but I work every year and had lots of people say with me even my girl friend disabled mom for 6 years and didn't pay me nothing.She psst away last year.csn I put her on back w.2

[@lizhernandez3857]

😊

[@Deltriguy]

So you made it sound like everyone can contribute to the HSA. But you do phase out on contributing to this at some point.

[@driziiD]

you sound so much like nerdwriter lol

[@DrukMax]

But if you have enough funds, pay your fair share or you'll keep supporting the current slavery system.