15 Ways Rich People AVOID Paying Taxes
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Published 2021-05-23
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In this Alux.com video we will be answering the following questions:
Why do the rich not pay taxes?
How to not pay taxes?
How to legally pay no taxes?
How to get away with paying no taxes?
Why don't rich people pay taxes?
How do billionaires not pay taxes?
Do rich people pay taxes?
Can billionaires end poverty?
Do billionaires use credit cards?
Which country has no tax?
Do rich people live longer?
Do middle class pay more taxes?
Do poor people pay taxes?
Who pay the most taxes?
Why do billionaires need so much money?
How much is Jeff Bezos Worth?
How many billionaires are there in the world?
How much is a billionaire taxes?
How do billionaires spend their money?
How do billionaires invest their money?
How much money does Bill Gates have?
How much would it cost to end world hunger?
How much wealth does the 1% own?
00:00 - Intro
01:13 - Invest all of it
01:48 - Everything you use is owned by a business
02:39 - Move somewhere with little or no tax
03:18 - Send it overseas
04:18 - Charitable donations
05:09 - Instead of a salary they take equity
05:56 - Buying art
07:32 - Multiple nationalities with no fixed residence
08:35 - Gift money away
09:30 - Hold it in privacy coins
10:57 - You have no money but you have assets you can borrow against
11:57 - Filing for bankruptcy
13:29 - Claim your yacht as your second home
14:15 - Using a trust to avoid paying estate tax
15:54 - Depreciating assets on paper to outweigh the cash income
17:26 - Question
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All Comments (21)
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1. Reinvestment of profit earned 2. Deduction of expenses 3. Move somewhere with no or little tax - Tax heavens 4. Send it overseas - Profit shifting - company in another country 5. Charitable donations 6. Equity instead of Salary - Elon Musk - Tesla 7. Buying an art - appreciation 8. Multiple nationalities with no fixed residence 9. Gift 10. Hold it in privacy coins - Bitcoins - Unregulated 11. Don't draw cash from assets 12. Filing for bankruptcy 13. Yacht as second home 14. Trust to escape estate tax 15. Depreciating assets
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I was told by an investor 30 years ago - “There are two types of taxes” “The informed and the uninformed”
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WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS
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wow i just got my 38k unemployment benefit through the help of raul! i am so glad!
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My accounting teacher said once: “If in 5 or 10 years I hear that any of you is paying taxes, I’m gonna break into your house, take your diploma, shred it, and sell it as hamsters bedding” 👍🏽
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What I've gotten from this video, "Open up a business as fast as you can."
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DO YOU KNOW WITH A GOOD CREDIT YOU CAN DRIVE A CAR OF YOUR CHOICE? DO YOU KNOW THAT WITH A GOOD CREDIT YOU CAN OWN MANY BUSINESSES SO WHAT ARE YOU WAITING FOR? GET YOUR CREDIT FIXED NOW FROM RAUL! TIME WAIT FOR NO ONE
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Honestly, I´ve learned in this video more about taxes than my whole life in school.
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ARE YOU TIRED OF BEING POOR ALL THE DAYS OF YOUR LIFE, THEN REACH RAUL TO HELP YOU OUT OF YOUR FINANCIAL PROBLEM NO MATTER WHERE YOU ARE IN THE WORLD!
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I am new to cryptocurrencies such as bitcoin, but I am very interested and curious to start investing in it, although I do feel this is kind of late now. Can anyone tell me what I need to do?
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The art buying technique, passing properties to trust technique, and filing for bankruptcy technique are pure gems.
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I pay 22% in taxes, living in the US. Im not a business owner yet but still find this video incredibly valuable.
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Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for.
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If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflatio
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I almost burned my account trying to use complicated scalping strategies. with this one I am halfway in regaining my lost capital. can this strategy be used in direct execution order or only in buy/sell stops? I need advise. thanks.
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My mentor said if you have to worry about taxes you’re not making enough money.
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When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance.
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Income taxes are designed for the middle class. The poor don’t pay anything since they get so many government handouts and get tax returns. And the richest pays the lowest percentage in taxes relative to their income.
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The art loopholes blew my mind. Makes so much sense now why wealthy people purchase art!
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Thank you 🙏 Alux for this amazing information! I’m so happy that I’m already doing one of the things you have mentioned. I have started my LLC early in May of this year and I’m based as a home business. I’ll be taking a lot of deductions at the end of the year. I’m very excited. I wish only success for everyone on this channel.
