The Voluntary Tax Nobody likes taxes. Yet, millions pay a massive tax voluntarily every day. We call it the "Poor Tax." In Korea, the top 20% of earners pay most of the income tax. The bottom 40% pay almost nothing. However, lower-income groups heavily pay one specific tax. It is the tax on alcohol and tobacco. If you want to build wealth, you must stop paying this tax immediately. Let us look at the cold facts. The Architecture of Discipline 1. The Geography of Self-Control Where is the wealthiest district in Korea? Gangnam. Where is the lowest smoking rate? Also Gangnam. The Data: Only 9.4% of Gangnam residents smoke. The national median is 17.9%. The Trend: Seocho (10.8%) and Songpa (13.5%) follow closely. Gangnam also has the lowest obesity and binge-drinking rates. The correlation is undeniable. Wealth requires extreme biological discipline. A lack of capital usually comes with a lack of impulse control. The wealthiest district in Korea, Gangnam, has the lowest smo...
Happy & Rational Path to Wealth