On his web site totalwellnessnetwork.com, Dr. Ladd McNamara extols the advantages of community advertising and marketing: “20% of all millionaires on the planet made their fortune via the Community Advertising and marketing system,” he writes.
But when 20% of the world’s millionaires bought that approach via multi-level advertising and marketing, in addition they apparently go that approach via tax evasion. In a paper titled Who Income from Multi-Degree Advertising and marketing? Prepares of Utah Tax Returns Have the Reply, Client Consciousness Institute President Dr. Jon M. Taylor wrote about his interviews with tax preparers about multi-level advertising and marketing:
A supervisor of H&R Block in northern Utah, advised me that in his 25 years of doing over 12,000 tax returns a 12 months between he and his group, they might not bear in mind a single shopper who had reported a big revenue over any considerable time frame in MLM! … And a tax software program developer, who handled hundreds of tax preparers throughout the nation, stated he had requested about 100 of them if they’d ever seen a revenue reported from MLM participation. None had. This was out of a complete of over 1,000,000 tax returns …
