- The wealthy spend "time" to "learn" how to:
- * Reduce their income tax, for life.
* Avoid tax on investments, for life.
* Reduce their mortgage & loan payments.
* And, Reduce their insurance premiums.
Remember, the wealthy pay very little tax and the poor don't have taxes to pay. It's the middle class and the upper middle class that carry the burden of the three levels of government by paying taxes. The wealthy don't cheat the government. They just spend a lot of "time" to "learn" how to reduce and avoid taxes, legally. The vast majority spend a lot of "time" to learn how to save and invest money. Nothing is wrong with that. But, if you are going to work hard and going to make your money work hard - wouldn't you agree that you should spend "time" to "learn" how to "keep" what you make? Do you know of assets that are "loss proof", "creditor proof" and "tax proof" - for life? Professional Endorsements of Life Insurance ProductsArthur Drache Q.C., The Canadian Taxpayer, October 22, 1987
"In an environment where the growth of capital will be increasingly penalized by the Tax System and Death Benefits under an Insurance Policy remain one of the very few untaxed receipts, it is quite valid to consider whether or not it makes more sense to put money into Growth Investments, where success produces a higher tax bill". Coopers & Lybrand
"Those individuals looking for tax shelters or deferral mechanism ... income from such investment accumulates free of tax. Such income can be utilized before death ... and the proceeds are not subject to tax upon death". | 
