Jeff Bezos made $13 billion in one year and paid zero federal revenue tax obligation. Warren Buffett calls it the most unreasonable system in America.
Below’s the truth: billionaires aren’t cheating– they’re utilizing a lawful 3-step method called “Buy, Borrow, Die.”
In this video clip, I damage down how the ultra-wealthy:
1 Borrow against their supply rather than selling (no resources gains tax).
2 Deduct expenditures with Businesses and llcs.
When wide range transfers to heirs, 3 Use stepped-up basis to remove gains.
This is why billionaires pay less in tax obligations than the typical employee– and why the center course never ever finds out about it. The craziest part? You can make use of components of this system too.
View until completion if you wish to recognize how money really operates in America.
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