taxes: why high income earners should still consider a side hustle #personalfinance

Summary

The speaker discusses the misconception of side hustles being hourly-based and the potential for uncapped rewards compared to a linear salary. There are tax benefits associated with side hustles that aren't immediately realized, because high-income earners can use business-related tax strategies to significantly reduce their overall tax burden. By understanding and leveraging these tax strategies, individuals can make the most of their financial situation and potentially save a substantial amount on taxes.