Less_Tennis5174524

Less_Tennis5174524 t1_je7emtf wrote

Most likely he will be paid via a personal holding corporation and then pay himself via dividends to reduce the tax burden.

If he really wants to reduce taxes he will just take loans and only take personal income to pay off the interest. Its called "borrow and die" and its how the ultra rich basically avoid paying taxes.

Schemes like these are why the tax rate of personal income is irrelevant for the rich, they dont pay it at all.

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