Date uploaded: 2023-02-23 17:55:16
Taxes of the rich and famous have grabbed headlines in recent years, thanks in part to IRS leaks and the yearslong fight to release six years of former President Donald Trump’s tax returns.
Setting aside questions about whether these returns should have been revealed or who contributes the most to U.S. tax revenue, these returns can offer a window into how uber-rich Americans protect, transfer and grow their assets.
Even though some tactics are likely out of reach for most people, others are simple enough that they can be used with enough planning.
