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There are so many loopholes involving trusts, corporate ownership, family foundations, and offshore assets that the effective tax rate is actually not that high
by CoolGuySteve 7y ago
There are so many loopholes involving trusts, corporate ownership, family foundations, and offshore assets that the effective tax rate is actually not that high.
The Walton family is a good case study.
So heirs are still gonna heir, for the most part.