It's natural to measure success by the size of your paycheck. If you own a business or are self-employed, get over it. You might be able to save tens of thousands of dollars in taxes by cutting your salary. Newt Gingrich and John Edwards famously used this strategy, and it appears President Donald Trump did too. Moreover, if Trump enacts his proposed tax reform—a big if—the savings from the cut-your-pay ploy will increase exponentially.
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