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in this compelling chapter Robert kosaki reveals one of the most powerful secrets of wealth creation the Strategic use of Corporations through the contrasting perspectives of his Rich Dad and Poor Dad he illuminates how the wealthy use corporate structures to build and protect their wealth the evolution of Taxation the modern tax system began with Noble intentions taxing only the rich to help the poor much like the Robin Hood taale however this take from the rich approach backfired dramatically when income tax was introduced permanently in England 1874 and America 193 it initially targeted only the wealthy but eventually expanded to burden the middle class heavily the corporate Advantage the rich discovered a powerful Shield the corporation originally used by Merchants to limit liability in shipping Ventures corporations became sophisticated tools for wealth protection and tax efficiency unlike employees who earn pay taxes and then spend what's left Corporation owners can spend

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