Anyone can setup their organizations to use a LOT of ways to legally minimize their tax bill. For example, you can create a separate corporation in a non-tax st

Anyone can setup their organizations to use a LOT of ways to legally minimize their tax bill. For example, you can create a separate corporation in a non-tax state like Nevada and put most of your cash in it and if you are in California, you will completely not have to pay it if you do it right. See Apple Corporation's Braeburn Capital. https://en.wikipedia.org/wiki/Braeburn_Capital https://en.wikipedia.org/wiki/Braeburn_Capital Apple uses this to avoid all California tax on that cash that they deposit in that company. California tax is 8.84%, and that is a LOT of money that they would have to otherwise pay. There are other things that one can do, but there's a lot of record keeping and expense so you have to make enough money to make it worth it. But just owning a company is a fantastic tax break by itself. You get to write off all kinds of things as an expense as long as it is for business purposes.