In the last couple of days, both presidential candidates called to eliminate taxes on tips. In this video Mr. Livin' The Dream breaks down how this would impact workers who receive tips. He explores the potential impact on workers' take-home pay. He breaks down the numbers, showing exactly how much more (or less) you could expect to take home under this new policy. Stay tuned to find out how this policy shift might change the landscape for tipped employees.
Peter Diamond, AKA Mr. Livin' The Dream, developed "The Diamond Wealth Real Estate System" out of necessity. What began as a hedge to his tax, accounting, CFO, and consulting firm has become so successful that it now outperforms his firm. Peter, a product of the traditional educational and work system, grew weary of trading time for money. He realized that investing in self-compounding, cash-flowing assets like residential real estate is the key to true financial and time freedom, breaking free from the golden handcuffs.
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