I'm assuming you're a W-2 employee, so look for ways to add long term capital gains, appreciation, etc, and avoid ordinary income that will be taxed at your W-2 rate.

Just remember to always consult with an attorney before finalizing any legal documents that are out of the ordinary course of business!

Moreover, now that government regulation and the unions have priced Americans out of the world market, any increase in the American auto industry may provide more jobs outside the US than in Detroit.

@Albert Bui - corporations can have "preferred" stock that can benefit the stockholder differently than the ordinary stock.

Most people at or below the poverty line already pay no or negligible taxes, so this would actually act as a huge tax hike on the poorest Americans, not to mention that it would erase other programs that help lower income Americans, like child tax credits. 

I have a passion for Latin American culture and love to speak Spanish and visit Central / South America.

House prices are flat in general since 2015, there was a net negative migration (or close if i remember correctly) in 2020, and the key driver of the economy is in roughly the same place as North American automobile manufacturing was in the last 25 years, long term decline in jobs, reduced wages, and substitution from cheaper offshore options.If you subscribe to a deep contrarian approach, go for it, maybe we are at the worst and it can only get better.

@Levi DobsonPer this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

If you have gains on real estate you may be able to offset it but it’s not something you can deduct from your ordinary income

American Insurance Leaders in FL is great, and they write in GA.