15 Ways Rich People Avoid Paying Taxes

"This is how rich people avoid taxes, legally.
00:00 - Intro
00:45 - Invest all of it
01:23 - Everything you use is owned by a business
02:20 - Move somewhere with little or no tax
03:36 - Send it overseas
04:10 - Charitable donations
05:00 - Instead of a salary they take equity
06:56 - Buying art
08:37 - Multiple nationalities with no fixed residence
09:42 - Gift money away
10:37 - Hold it in privacy coins
12:06 - You have no money but you have assets you can borrow against
13:08 - Filing for bankruptcy
14:46 - Claim your yacht as your second home
15:36 - Using a trust to avoid paying estate tax
17:18 - Depreciating assets on paper to outweigh the cash income
"