The Billion-Dollar Organizations Paying Zero Income Tax - Tom Wheelwright and Scott Hodge

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Should you form a foundation or non-profit organization? Who gets tax exempt status and how does it affect the free market? Join Tom Wheelwright as he explores where entrepreneurs stand with tax exempt status and what tools are accessible to them with his guest, author of Taxocracy, Scott Hodge.

Scott Hodge is President Emeritus & Senior Policy Advisor at the Tax Foundation, which he led as President for over two decades, between 2000 and 2022. Scott Hodge is recognized as one of Washington’s leading experts on tax policy, the federal budget, and government spending.

In this episode, discover how massive tax-exempt organizations increasingly operate like commercial businesses, why critics argue this creates an uneven playing field for taxable competitors, and what tools offer more tax advantages for the average person.

Order Tom’s book, “The WinWin Wealth Strategy7 Investments the Government Will Pay You to Make” at

Looking for more on Scott Hodge?

Books: “Taxocracy: What You Don’t Know About Taxes and How They Rule Your Daily Life”

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ABOUT US:

Tom Wheelwright is the founder and CEO of WealthAbility and TFW Advisors, a leading authority on tax strategy and wealth building. He is the best-selling author of Tax-Free Wealth and a trusted advisor to Robert Kiyosaki. As a world class CPA, Tom is dedicated to empowering entrepreneurs and investors to reduce their tax burden and achieve financial freedom. He currently resides in Phoenix, Arizona.

DISCLAIMER:

WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.

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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.