4 ms·
I believe taxation on capital gains from investments is much less then on salary. Also another fun game the wealthy can play is they can fund a company with la
by DamnYuppie 9y ago
I believe taxation on capital gains from investments is much less then on salary.
Also another fun game the wealthy can play is they can fund a company with large sums of capital. Then make themselves officers of the company. Then the cars, houses, flights, and clothing budgets are all expenses of the company. So they personally pay no taxes and the "company" can write them off as a lose for the year.