How the rich avoid paying taxes (LEGALLY) and You Can, Too

How the rich avoid paying taxes (LEGALLY) and You Can, Too Did you know that Warren Buffett, one of the richest people in the world, actually pays a lower tax rate than his own secretary? This might sound surprising, but many wealthy people in the U.S. pay very low taxes, or sometimes none at all. They achieve this by using specific tax breaks that are available under U.S. tax laws. The great thing is that you don’t have to be a billionaire to benefit from these tax breaks. Many of these strategies can be used by anyone, not just the ultra-wealthy. Here are 8 common ways that rich people reduce or avoid paying taxes. Remember, these tax-saving techniques aren’t exclusive to the rich; regular people can also take advantage of them to save on their taxes. Let's dive into the first point. But first, please hit the thumbs-up button below and subscribe if you haven’t already. 🚀 Welcome to Woice Of Wealth! Subscribe to embark on a journey toward financial empowerment and personal growth:    / @woiceofwealth   𝐌𝐨𝐫𝐞 𝐕𝐢𝐝𝐞𝐨𝐬 21 Days to Unstoppable Success…..    • 21 Days to Unstoppable Success | 7 Ha...   This Is How You Can Make Money With Nothing By John D Rockefeller    • This Is How You Can Make Money With N...   Avoid These Retirement Mistakes….    • Avoid These Retirement Mistakes | Key...   12 Personal Finance Habits That Changed My Life    • 12 Personal Finance Habits That Chang...   🌟 FOLLOW US: INSTAGRAM: @woiceofwealth   / woiceofwealth   FACEBOOK: @woiceofwealth https://www.facebook.com/profile.php?... At Woice of Wealth, we're your go-to source for self-improvement, financial education, and wealth management. Join us as we delve into personal finance, wealth creation, make money, passive income, the US economy, stock market, debt reduction strategies, and other finance-related content! Our channel equips you with the knowledge to make informed decisions and take actionable steps toward financial success and personal fulfillment. 🔍 Our content is educational and insightful, aiming to guide rather than provide financial advice. 🔉 All speech is our original recordings, and we've licensed all background music. 🎥 FOOTAGE: Creative commons footage licensed under CC-BY 3.0. ► Fair Use: Third-party content used complies with fair use and is transformative in nature for educational purposes. If you wish your clips removed, please reach out to us at [email protected]. #wealth #money #finance