Well there is one obvious answer to this question- TAX SHELTERS!!! "The Rich" have highly- paid wealth and tax advisors that find various tax shelters that shield their wealth from income taxes. These highly paid advisors also find investments that provide tax-free income!
I'm going to include these major tax shelters and passive investments used by the rich in a book that you can USE! I'm calling this book TAXLOOT - A Wealth Planning Guide.
This book will included a step by step process that will show you how to:
- Purchase Municipal Bonds that provide tax-free income (federal and state)
- Invest in securities
- Utilize income shifting to reduce your taxable income
- Partake in gift leasebacks
- Take advantage of new tax shelters being created during the Obama administration
- And More!