Why is it so hard to tax billionaires? (Part 2)
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Tax Strategies of the Ultra-Wealthy
This chapter explores how billionaires like Jeff Bezos, Elon Musk, and Larry Ellison pay minimal federal income taxes by structuring their income around capital gains and leveraging asset ownership. It unpacks the financial strategies of 'buy, borrow, die,' illustrating how the wealthy minimize tax burdens while maintaining luxurious lifestyles.
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