Why the Rich Love Tax Avoidance - And How You Can Learn It Too

Why do billionaires pay less tax than regular workers? The answer lies in tax avoidance-a legal, strategic method the wealthy use to reduce their tax burden. In this video, we break down the difference between tax evasion and tax avoidance, and explore tools like offshore accounts, controlled foreign corporations, dividend income, and tax deferral. You'll see how the rich play chess while others play checkers-using loopholes in the tax code to protect and grow their wealth. If you're serious about understanding how the tax system really works, this is the financial wake-up call you've been waiting for.
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00:00 Introduction (1)
00.15 PART 1: Why Don't the Rich Pay Taxes?
02:07 PART 2: Tax Evasion – The Illegal Route to Keeping More Money
04:54 PART 3: Tax Avoidance – The Legal Art of Paying Less
05:19 PART 4: The first, Controlled Foreign Corporations (CFCs): Making Profit Disappear
06:38 PART 5: The second, Transfer Pricing: Internal Transactions That Shift the Tax Burden
08:42 PART 6: The next, Dividend Income vs. Salary: Why Buffett Pays Less Than His Secretary
10:00 PART 7: Finally, Is It Ethical?
10:55 PART 8: Tax Deferral – Delaying the Inevitable
12:37 PART 9: The Game You're Not Taught to Win