Why can’t a middle class individual use the same tax avoidance methods as the ultra rich to pay little to no income taxes?

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Why can’t a middle class individual use the same tax avoidance methods as the ultra rich to pay little to no income taxes?

In: Economics

27 Answers

Anonymous 0 Comments

My boss had a weird friend who did this. He hated the idea of paying taxes at all, so he structured all of his income such that it (IIRC, YMMV, ETC) was funneled through a single non-profit estate which he then had pay his bills, etc. There were a bunch of hoops the guy had to jump through in order to work, but he paid nearly nothing in taxes.

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