Life Is Rich With Nate Scott

Hello this is Nate Scott, author of Life Is Rich: How To Create Lasting Wealth, and welcome to the Life Is Rich podcast. In today’s ‘Life Is Rich” podcast, I will share the how "Uncle Sam Will Pay You To Run A Home-Based Business". Nate Scott, the author of "Life is Rich: How to Create Lasting Wealth." He discusses the financial challenges faced by many Americans, particularly the baby boomers who are retiring with insufficient retirement funds. Nate explains that there are two tax systems in the country: one for employees and one for business owners. The tax system for business owners offers more opportunities for deductions, allowing them to keep more money and reinvest in their businesses. The goal is to create jobs and stimulate the economy. Nate emphasizes the importance of becoming a business owner to take advantage of the tax benefits and reduce the burden of taxes on personal finances. He highlights that small to medium-sized businesses create the majority of job growth in the Uni