> Does that mean rich people should incorporate The IRS is already ahead of you there. Although it is a common statement here, you'd be very lucky to pull it

> Does that mean rich people should incorporate The IRS is already ahead of you there. Although it is a common statement here, you'd be very lucky to pull it off with any reasonable success. There are some workable tax avoidance strategies, but they typically involve already having a bunch of money and family trusts.