Eli5 How does billionaires evade paying tax and not get arrested?.

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Eli5 How does billionaires evade paying tax and not get arrested?.

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They don’t. Billionaires have dedicated accountants that know the tax codes inside-out. This allows them to minimize their taxes owed. They aren’t (usually) evading paying taxes like you mean. They pay what they are legally required to pay.

Whether the laws are requiring an appropriate amount is a whole other issue.

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