Module 1 Lesson 6 Cheat Sheet

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Module 1

The Truth About Taxes

Lesson 6
Patterns & Formulas

Paying Tax vs. Paying No Tax


Let’s say you have $10,000 to invest and you invest that $10,000 at 10% for 30 years. If you
have to pay tax on the income, you’ll have $60,000 after 30 years. If you do not have to pay tax
on the income, you’ll have $198,000 after 30 years.

From Patterns to Formulas


In order to solve a problem, you have to recognize the patterns. If you can identify the
patterns, you can develop a formula. By understanding the patterns in the tax law, you can
develop your tax-free formula to reduce your taxes.

How Do You Think About Taxes?


Most people think taxes are boring, difficult and confusing. What if taxes were fun, easy and
understandable?

Lesson Takeaway
Taxes can be fun, easy and understandable!

TaxFreeFormula.com

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