Can anyone help you to reduce your taxes?

Doesn’t it seem that the tax code is punishing you for being responsible!

Suppose you have lived your life in such a fashion such that you were able to eliminate debt and accumulate money in the bank, in mutual funds, in stocks and retirement plans. You became empty nesters and paid off your house while at about the same time your earnings have peaked. Even though you maximize your retirement contributions you realize that you are paying more in taxes than ever before in your life. Doesn’t it seem that the tax code is punishing you for being responsible!

So, you sought the advice of a “financial planner” to find out how to reduce your taxes. After asking you lots of questions the best advice offered is to take out a mortgage, take the interest deduction and of course, invest the proceeds of the mortgage with his broker/ dealer firm.

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