Grant Cardone Sounds Off: Government Guilty Of Pocketing People's Hard-Earned Cash [Yahoo! Finance]
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Source: Yahoo! Finance
platform X, where he highlighted the contentious issue of wealth redistribution and governmental fiscal policies. Cardone's April 25 post on X outlined how the government "steals" your money by taking 40% of your earnings; taxing you between 8% and 12% on the purchases you make; imposing a 20% corporate tax for starting a business; and — for the few estates larger than $13.61 million per individual or a combined $27.22 million for a married couple — charging an inheritance tax when you die. But Cardone said he offers a solution through his real estate investment firm Cardone Capital. For example, if you invest $1 million for 10 years, you would have cash flow of $800,000 and a profit assumption of $1 million for a total return of $2.8 million and depreciation of $500,000. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Want To Grow Your Wealth Pas
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