The Strangest Loopholes: The Oddest Legal Ways Millionaires Pay Less Tax
From a tax-free 14-day home rental to a $2,000 Roth IRA that grew into $5 billion, ten real provisions in the tax code — and the one Congress actually closed.
From a tax-free 14-day home rental to a $2,000 Roth IRA that grew into $5 billion, ten real provisions in the tax code — and the one Congress actually closed.
Second passports, credit lines, family offices, record cash piles — the top end of wealth keeps buying the same thing in different aisles: options.
SBLOCs let wealthy households spend without selling. The 25 richest Americans paid a 3.4% true tax rate. Here’s how buy-borrow-die actually works.