I've heard this from my father (US tax accountant) but it is reflected in the current news - the US tax system favors ownership. Own your own house, own your o

I've heard this from my father (US tax accountant) but it is reflected in the current news - the US tax system favors ownership. Own your own house, own your own business, use profits to invest - these are all things to reduce your tax burden. And hire a good accountant.