4 ms·
Rich people avoid taxes by converting their income into capital gains, this is often done using not talking big salaries but keeping money in the business Seco
by gamerboy 7y ago
Rich people avoid taxes by converting their income into capital gains, this is often done using not talking big salaries but keeping money in the business
Secondly, rich people often create network of companies where on company is pending to friend's company and some other friends company is lending to your company - using this, you improve credit score of whole network and you can lend harder public money. Then you can simply use it as leverage, this is creating money from thin air.