Strategies America's elite employ to reduce their tax bills
With teams of hotshot accountants at their disposal and plenty of perfectly legal loopholes on their side, America's ultra-wealthy are able to whittle down their contributions to the federal and state coffers drastically, as confirmed by the recent bombshell report by ProPublica based on leaked IRS records. Click or scroll through some of the ingenious tax avoidance, or 'wealth defense', tactics the mega-moneyed use to pay hardly anything.
Daniel Coughlin
14 July 2021
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